Why Detroit?
“Detroit, “America’s comeback city,” once dependent solely on the automotive industry, has been molded into a well diversified and dignified metropolis. Abandoned warehouses and automobile plants are being converted into beautiful loft-style apartments. The river banks are seeing new life as retail, office, and residential space are becoming a hot commodity, expanding beyond the downtown space” (source: CBRE, Downtown Detroit Development Report, June 2017).
Detroit is one of America’s most iconic cities, with stunning architecture and a rich cultural heritage. Art Deco skyscrapers define its cityscape and tudor style brick homes populate its residential areas. So when the birthplace of Motown, techno music and the automobile industry fell to near ruin and declared bankruptcy in 2013, both public and private sector forces came together to create America’s greatest comeback story.