Arbor Update

Ann Arbor Area Community News

"Detroit key to regional investment"

13. October 2005 • Murph
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Michigan Business Review cites the organizers of next week’s UMich/Urban Land Institute Real Estate Forum as considering reinvestment in Detroit crucial to Michigan’s economic health.

That means that getting capital into neighborhoods yielding new commercial and residential development is key not only for revitalization of the core city, but also for the image of all of southeast Michigan.

“It does no one any good to say ‘I was in Detroit and the city was a pit, but once you got into the suburbs, it was OK,” said Larry Hadley, CEO of Larry Hadley & Associates of Novi.
. . .
Hadley and other organizers chose to focus on the city and its redevelopment opportunities for the hundreds of people in the real estate and development community who will participate in the two-day event.

“We’re all stakeholders,” Hadley said. Investors, developers and business leaders in southeast Michigan are attuned to the differences among the various communities that make up metro Detroit.

The conference’s Wednesday events feature a four-hour bus tour of Detroit; Thursday’s events include roundtables on topics like green building, brownfield redevelopment, and historic preservation.

  1. Student registration is $50/day; I’ll probably be attending Thursday (takes place at the Michigan League) around class.
       —Murph.    Oct. 13 '05 - 12:52PM    #
  2. I was in Detroit and the city was pretty sweet, in a 1945 Warsaw kind of way, but once I got into the suburbs it really sucked.
       —Parking Structure Dude!    Oct. 13 '05 - 02:11PM    #
  3. I really hope that as many people as possible can see Midtown and Mexicantown (and further down Vernor) when they come for the Superbowl, especially the latter which unfortunately is the kind of Detroit gem that one would never stumble upon unless knowing exactly where to look.
       —tomo    Oct. 14 '05 - 03:19AM    #