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.
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—Murph. Oct. 13 '05 - 12:52PM #
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