Detroit has Become the National Model for Success in Urban Renewal

Detroit has Become the National Model for Success in Urban Renewal

DOWNTOWN DETROIT REVITALIZATION

Detroit invented a playbook for the post-pandemic downtown at a time when other cities were taking their success for granted. While Detroit still has a lot of work to do, in 2022 the city was named the number one emerging start-up ecosystem in the world. According to Genome, Detroit’s “Ecosystem Value” stands at $90.6 billion, outranking cities including Kuala Lumpur, Hong Kong, Jakarta and Minneapolis.

DOWNTOWN DETROIT REVITALIZATION

Detroit is Nationwide Model for Urban Renewal

The focus of these efforts is a 7.2 square mile area known as Greater Downtown, the economic engine that made Detroit the wealthiest city in America in 1950. Since 2010, the Detroit-based real estate company Bedrock has rehabilitated more than 100 abandoned downtown properties. This private investment accelerated a holistic approach to urban transformation driven by additional public and private investments in innovation districts, community-based economic development, public space improvements, residential conversions, and more.

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National Spotlight on Detroit Recovery

National Spotlight on Detroit Recovery

National Spotlight on Detroit Recovery

The nation has turned its eyes to Detroit in recent years. The city’s transformation has garnered significant attention, especially as it has become a symbol of resilience and revitalization. Detroit’s economic recovery, cultural renaissance, and community-driven initiatives have made it a focal point for discussions on urban renewal and economic development. Detroit’s story of rebirth and innovation continues to inspire and attract attention from across the country.

Michigan Central

$1 Billion Makeover

Michigan Central $1 billion Makeover

Ford Motor Company has undertaken a massive six-year renovation of the historic Michigan Central Station in Detroit's Corktown neighborhood, transforming the long-abandoned train station into a vibrant hub for innovation.

and community engagement. The restoration create a space for Ford employees, startups, and the community to collaborate on new projects. The revitalized station now features a public park, restaurants, music, art, and retail spaces, making it a beacon of development and opportunity in the city.

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Detroit #1 Start-Up Ecosystem in the World

Detroit #1 Start-up Ecosystem in the World

Detroit ranked the #1 start up market in the WORLD with an Ecosystem Value at $90.6 billion. Detroit scored 10 out of 10 based on the accumulated tech startup value created from exits and funding; market reach, measuring scale-ups and unicorns in the ecosystem, size of local reach, and IP commercialization; and ability to keep talent in the ecosystem. Detroit also scored 8 out of 10 in funding, measuring innovation through early-stage funding and investor activity.

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New Lab Start Up & Innovations in Detroit

Start Up & Innovations in Detroit

Newlab Detroit is a global venture platform designed to support startups and entrepreneurs working on critical technologies in areas like mobility, energy, and materials. It's already home to over 100 startups and has raised significant venture capital funding. Newlab Detroit has created a high-tech startup ecosystem, attracting talent and investment to Detroit helping mke it the #1 start up ecosystem in the world.

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Detroit: The American Dream Revisited

Detroit:

The American Dream Revisited

Detroit: The American Dream Revisited

Detroit is a city on the rise. Investments in education , housing and public infrastructure are empowering residents to achieve the same dreams that built the middle-class generations ago. The city is attracting talent, nurturing innovation and creating jobs that ensure the middle class continues to thrive.

Detroit is not just a symbol of America’s past greatness; it is a beacon of its future. The opportunities here are real, the growth is tangible and the American Dream is alive.

The Rise, Fall & Revitalization of Detroit

The Rise , Fall & Revitalization of Detroit

It’s amazing to see how Detroit has reinvented itself! Over the past decade, the city has undergone a significant transformation. Once known for its economic struggles and abandoned buildings, Detroit has now become a hub of innovation, culture, and community revitalization. The downtown area, in particular, has seen a resurgence with new businesses, restaurants, and entertainment venues. The city’s rich history in the automotive industry is celebrated through museums and events, while new industries, like tech and startups, are also taking root.

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PROFIT FROM RIDE OF DETROIT WAVE.

All investments have risk, and the best laid plans can change. Yet, if there was ever an opportunity at the right place and right time and the right circumstances, this would be at the top of the list.

All investments have risk and the best laid plans can change. Yet, if there was ever an opportunity at the right place and right time and the right circumstances, this would be at the top of the list.

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