This is something new:
Looking forward to this:
SUSAN MOSEY, Midtown Detroit: Developers, lenders understand now that there’s a lot of folks that are moving back here and want to move back.
In 2005 WoodWing opened an office in downtown Detroit to service and support our channel partners and North American customers. In the early days people were scratching their heads, why Detroit? Since then Detroit has grown up around us with a variety of technology companies calling downtown Detroit their home. The revitalization of Downtown Detroit is breathtaking. Consider these recent headlines:
Freep: Demand up for downtown Detroit office space
NY Times: A Missionary’s Quest to Remake Motor City
Freep: Google Tech Hub Network makes Detroit one of 7 hotspots
Freep: Schostak Bros. plans $111M, 16-story office building in downtown Detroit
How things have changed over the past half decade. It was almost precisely five years ago that the then chief executives from Detroit’s Big Three flew to Washington, hats in hand, begging for bail-outs. … It is a very different scenario today, with the market for new cars in America zipping along nicely to the point where Detroit’s carmakers are struggling with capacity constraints. “Ironically, the economic collapse created a lot of pent-up demand that Detroit carmakers are now taking advantage of,” says Joe Phillippi, chief analyst with AutoTrends Consulting.
“In Year One, we’re going to be looking at a lot of things that are related to metro Detroit and Michigan. But those themes are pretty universal when it comes to, specifically, the Rust Belt and manufacturing towns across America,” Ms. Kieliszewski said. “Everybody says Detroit’s the canary in the coal mine.”
Great story in Forbes about private enterprise finding ways to overcome blight in Detroit.