The city’s fiscal crisis is an opportunity to harness the region’s economic promise.
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.
See on www.theatlanticcities.com