Study: Greater downtown growing in wealth, diversity

A report published today and to be shared with investors, developers and city planners, found that greater downtown residents are wealthier than Detroiters at large, but less affluent than the average for the full populations of cities such as Minneapolis and Pittsburgh, which some see as prime examples of successful urban rebirth.

John Gallagher of the Freep has the scoop. An excerpt:

(Data Driven Detroit's Kurt) Metzger pointed out that things are changing so rapidly in the areas that the report may already be slightly dated. For example, gains from the Live Downtown and Live Midtown incentive programs that have bought hundreds of new residents who work for participating businesses into the area in the last two years are not fully captured in this report.

Read the rest of the story (and the full reporthere.


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