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Crain's special issue showcases living in the D

Crain's Detroit Business has published an extremely comprehensive guide to living and investing in the D, including a slide show, views into two days of five households' lives, information on tax credits and much, much more.

The theme is definitely clear: some people living here actually like it.

The special section's gateway page is here.

Lasalle Bank commits start-up funds to DEGC to help eliminate "food desert"

Lasalle Bank has committed $15,000 to help the Detroit Economic Development Corporation establish a fund that would target areas of Detroit in need of fresher food options.


The DEGC could complete an agreement with a consultant for setting up the fund soon, said Olga Savic, the DEGC's director of strategy and external affairs.

The fund will be patterned after a one in Pennsylvania called the Fresh Food Financing Initiative. The 3-year-old fund, which started with $38 million, has financed 26 grocery stores to date with $23 million in financing, Savic said.

The financing fund ties into the DEGC's work with Social Compact, a national nonprofit it contracted with to identify market strengths and needs in Detroit.

"We were already planning to look at this issue of grocery stores and to be able to have a data-driven strategy around choosing sites for grocery stores," Savic said.

Read the entire article here.

Detroit Renaissance unveils regional revival strategies

Details of Detroit Renaissance's "Road to Renaissance" plan have been unveiled. The three-year plan is expected to cost $75-80 million, $50 million of which will go towards business accelerators -- including TechTown and NextEnergy.

Two of the 11 strategies include:

  • Establishing a “Creative Corridor” on Woodward Avenue that attracts and retains creative talent, inspires output from the creative community and increases the creative industries locally.

  • Starting a “Creative Business Accelerator” in the corridor to foster start-ups and accelerate the growth of existing creative businesses.
Read the entire here.

TONIGHT: TRU's quarterly meeting to discuss DDOT efforts to bring rapid transit to Detroit

Transportation Riders United will host its quarterly meeting April 17. The meeting will discuss DDOT's Detroit Transit Options for  Growth Study as well as TRU's latest projects.

The meeting will take place at 6:30 p.m. at the Guardian Building.

10-year plan to end homelessness announced

A multi-faceted plan intended to end homelessness in Detroit, Highland Park and Hamtramck has been developed by the Homeless Action Network. It targets five key areas: prevention, housing, supportive services, community engagement and collaboration.


The plan, created over the past two years, includes input from numerous stakeholder and community partners in the three cities, including the Homeless Action Network,, City Connect, Detroit Mayor Kwame Kilpatrick and Cynthia Pasky, CEO and President of Strategic Business Solutions.

Read the entire article here.

AT&T donates $1.2M for youth technology access

The AT&T Foundation has made a $1.2 million grant to the Detroit Youth Foundation to provide Detroit youth with access to technology.


"The AT&T grant will allow Detroit youth the opportunity to have practical, hands-on experience using technology," said Gerald K. Smith, DYF president and CEO. "Access to technology is vital in today’s world. This funding will provide our youth with the experience they need in order to succeed in the future."

Read the entire article here.

TRU launches transit design competition

Transportation Riders United, a metro Detroit transit advocacy group, is sponsoring a design competition on the future of mass transit in the area.


"Detroit in Transit: Visions of a Region on the Move" is looking for drawings and designs of what Detroit’s future transit and transit-oriented neighborhoods would look like with convenient, high-quality rapid transit.
"What we’re really hoping to do is launch a public conversation about what rapid transit can do to revitalize a city like Detroit," says Megan Owens, executive director of TRU.

Read the entire article here.

Woodbridge Estates sales steady, reflect trend in Detroit real estate

Urban living certainly attracted C. Morgan Houston and her husband,
Lorenzo, who paid about $300,000 for a home in Woodbridge Estates more
than a year ago.

"We are two minutes from everything that's happening in Detroit," she
said. "We just came from the DSO the other night. We go to the
different theaters, hot restaurants all up and down. It is great. My
feet don't even have time to hurt."

Michael Dunne, a Seattle-based investor, said Detroit's somewhat
belated entry into the urban-living trend enticed him to bankroll
several projects in the city done by Detroit developer Dwight Belyue,
including the @water Lofts condominium project expected to break
ground on the east riverfront in the spring.

"I saw it in Seattle in the '80s, and I thought the developers were
crazy," Belyue said last week. "Detroit may be the last big city to go
through that, but it's just following the country. Having seen it, I'm
a believer."

Read the entire article here.

Detroit leads region in new housing starts

SEMCOG statistics show that Detroit led the region in new housing starts for 2006 with 657 residential permits issued.


"Even in these tough economic times, these numbers demonstrate that housing in Detroit is at least competitive with housing in the suburbs," said Paul Tait, executive director of SEMCOG, the Southeast Michigan Council of Governments.

Read the entire article here.

Urban farming expert in town Mar. 29-31

John Jeavons, a national expert in urban farming and biointensive agriculture, will be in Detroit March 29-31.


From 6-8 p.m. March 29, Jeavons will talk about his experiences with agriculture and how growing crops can be done more efficiently, especially for those in urban spaces. The free talk will be at the Catherine Ferguson Academy, 2750 Selden, Detroit.

From 9 a.m.-5 p.m. March 30-31, Jeavons will lead his workshop on how to grow biointensively. Cost for the two-day session is $10-$50 for members of the Garden Resource Program or similar urban gardening organizations, and $150 for others.

For information, call Ashley Atkinson at 313-237-8736 or go to www.detroitagriculture.org.

Read the entire article here.

Fifth Third investing in southeast Michigan, to open 2 banks in Detroit

Fifth Third Bank plans to open 40 banks in southeast Michigan over the next three years, with two in Detroit set to open in the coming months.


“Obviously, an initiative like this has been in the works for some time,” said bank spokesman Jack Riley. “But it is nice to give the region some good news.”

Fifth Third also hopes to become the official bank for the City of Detroit, following the announcement of the investment in southeast Michigan.
Read the entire article here.

Auction of 260 Detroit homes set for Mar. 17-18

Hudson and Marshall will auction off 260 Detroit homes worth between $10,000 and $300,000 on March 17-18.


“Foreclosed properties are great buys for investors and first-time home buyers alike,” said Dave Webb, a principal with Hudson & Marshall, in a statement.

Read the entire article here.

DMCVB's D-Rod will showcase Detroit as tourist destination

DMCVB has tapped Holly-based Detroit Muscle to build a custom hot rod, the D-Rod, to showcase Detroit's appeal as the Motor City and as a travel and leisure destination.


Rick Dyer, Detroit Muscle project manager for the D-Rod, said the company's extensive knowledge and technical ability allowed Detroit Muscle put to put together, with passion and style, a street legal vehicle that represents the best of Detroit's past and future to prospective visitors.

Read the entire article here.

United Way CEO urges regional solutions to area problems

United Way for Southeastern Michigan CEO Michael Brennan discusses the agency's survey process that has led them to begin working on solving the region's major problems in three key areas: educational preparedness, economic stability and basic needs. He urges the region to work together in a collaborative manner to acieve success.


During the course of our research at United Way for Southeastern Michigan, we collected more than 20,000 comments from 7,000 residents, and one theme reverberated consistently: This region aspires to be a place where all people have the educational and economic opportunities needed to succeed and to thrive.

Read entire editorial here.

Detroit home sales increase, buck statewide trend

Homes sales in Detroit rose in 2006 despite a lagging market statewide.

Excerpt from article:

The city of Detroit resisted the downward trend. Existing-home sales in Michigan's largest city were up 7.6 percent in the first 11 months of 2006 compared with a year earlier.

To read the entire article, click here.
96 Woodbridge Articles | Page: | Show All
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