Dave Bing contributes to revival of waterfront and neighborhoods

Dave Bing has emerged as a key player in Detroit's turn-around. He is heading up the Mayor's Next Detroit Neighborhood Initiative and is a partner in the $60 millions WaterMark East Riverfront condominium development.

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You have to dream," Bing said as he cruised in his Jaguar last month around the North End, one of the targeted neighborhoods and the community where his company is based. "Most businesses and investors want to make money -- they don't want to take risks. If you're looking for short-term returns, Detroit's not the place. I'm in this for the long run."

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