The city’s fiscal crisis is an opportunity to harness the region’s economic promise.

Seth Dixon‘s insight:

Earlier this week when Detoit filed for bankruptcy I posted that Detroit has failed as a major U.S. city.  While Detroit’s days of being the 4th largest city in the U.S. and a prominent industrial center are over, that doesn’t equate with the total economic ruin of the region.  Some are seeing this as an opportunity for for their businesses build a new Detroit out of Motown’s ashes, foster regional collaboration and restructure the economic base of the city.  The region is still rich with resources.  

Tags: urban, economic, industry, Detroit

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