Freep does a piece looking at the progress of Detroit's redevelopment
Excerpt:
After years of decline, Detroit is finally taking shape again. New
residential developments, hotels, retail stores and offices locating
downtown provide a snapshot of what is to come.
Business leadership is playing a major role in the turnaround. Detroit
Renaissance and its member companies have invested more than $100
million in the past 10 years to speed redevelopment. Last year, Detroit
Renaissance, with major support from the Kresge Foundation, implemented
the Detroit Public Space Fund to maintain public spaces in greater
downtown. We also helped start a fund to attract retailers and
supported programs to attract businesses and market the city to
visitors, which we will continue to do in 2009.
Another exciting initiative is a venture spearheaded by the
Hudson-Webber Foundation and supported by Detroit Renaissance and
others to attract young, upwardly mobile professionals to downtown
residential locations, creating a talent corridor.
There is much progress to be proud of. However, we still have a long way to go.
Read the entire article
here.
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