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marmar

(77,053 posts)
Mon Apr 20, 2015, 10:17 AM Apr 2015

Why Motown is poised to come roaring back




from GreenBiz:


Why Motown is poised to come roaring back

Joel Makower
Monday, April 20, 2015 - 1:11am


I’ve seen the future, and it is Detroit.

That statement may seem audacious for anyone who’s read about or visited the city recently. The storied epicenter of the automotive world — America’s richest city just a half-century ago — has traveled a bumpy road for decades. Since the turn of the century it suffered the financial default of General Motors and Chrysler, the exodus of tens of thousands of residents and businesses, inept or corrupt city officials, exploding debt, a declining tax base and, in 2013, the nation’s largest municipal bankruptcy.

Today, the city of 700,000 — down from 1.8 million in 1950 — has 90,000 vacant lots and 70,000 abandoned buildings as well as a 36 percent poverty rate and 23 percent unemployment rate, both the highest in the nation. Motown is, arguably, a city that has run into a ditch.

So, why am I hopeful? There are hundreds of initiatives, from tiny startups to massive public-private partnerships, aimed at jump-starting the beleaguered city and putting Detroit squarely on the road to recovery — not as its former industrial self, but as a hub of innovation. It is a model for how to retrofit a city as a hotbed of sustainability — economic, social and environmental.

That’s my conclusion from a recent visit there to speak at Powering Progress Together, a daylong forum convened by Shell Oil, part of a series the energy company has produced to highlight the nexus of people, mobility and technology in cities. (I also spoke at a similar forum two years ago, in Houston.) ................(more)

http://www.greenbiz.com/article/why-motown-poised-come-roaring-back




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Why Motown is poised to come roaring back (Original Post) marmar Apr 2015 OP
Sorry to burst your bubble Demeter Apr 2015 #1
 

Demeter

(85,373 posts)
1. Sorry to burst your bubble
Mon Apr 20, 2015, 10:22 AM
Apr 2015

The plan is to turn Detroit into some kind of tourist destination/resort for the 1% and their closest lackeys.

That isn't a city; it's a gated community for the Entitled.

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