new residential units to its downtown area. From 2000 to 2007, the city saw continuous annual increases in tax revenues from its casinos with the city estimated to collect $178.25 million in casino taxes alone for 2007, with the casino resorts opening in 2008. Urban infrastructure In October 2013, approval was given to John Hantz, a successful financial consultant in Detroit, who is devoting $30 million of his own funding to create Hantz Farms, a commercial urban forestry initiative; Hantz Woodlands, an urban tree farm project; and redevelopment of a blighted Detroit residential area covering nearly 180 acres on the city's east side. The Hantz project area is bordered by Van Dyke on the west, St. Jean on the east, Mack Avenue on the north and Jefferson on the south. On December 6, 2013, bankruptcy judge Steven Rhodes approved a $210 million financing arrangement for overhauling the city's antiquated lighting system. On December 13, 2013, the Public Lighting Authority (PLA) completed the initial sale of $60 million in bonds, part of a $210 million, two-step bond issue, to finance the purchase of up to 50,000 LED street lights. The new 150 watt LED lights are longer-lasting, are more than twice as bright as the old 70 Watt sodium lights, and are more affordable to operate. The goal was to have the installation completed in all neighborhoods by the end of 2015, and underground wiring of the thoroughfares done by the end of 2016. On June 12, 2014, Detroit's Public Lighting Authority, created to take up fixing nonworking streetlights throughout the city, said that it would borrow $185 million in bonds, $20 million more than it initially had planned, after Standard & Poor's graded the agency's credit risk as relatively low, and compared with that of the bankrupt city. The sale of these bonds means an additional 15,00 lights will bring the total number of new LED street lights to 64,500. On July 20, 2014, Olympia Development announced a three-year development plan, starting in September 2014. The centerpiece of the plan is the construction of a new $863 million Little Caesars Arena, and concurrently with another $200 million in apartments, restaurants, office buildings, parks and shops over 45-50 blocks of Downtown and Midtown areas, creating a new sports and entertainment district, known as "The District Detroit". Additionally, Olympia is now promising to spend “tens of millions” more for infrastructure improvements in