Detroit’s profile grows as investors, young professionals return to city

But as outsiders declared Detroit all but dead, a passionate network of nonprofits, local developers, small-business owners, universities and hospitals poured cash and sweat into culturally rich areas that are emerging stronger and more popular than before the brutal economic downturn.

Hotels, theaters, art galleries, charter schools, condos and dozens of restaurants have opened, primarily in abandoned buildings, in the past year or are to open this year in the Midtown, New Center and Woodbridge neighborhoods.

“We are onto something great in this city,” Detroit artist and muralist Jennifer Quigley said. “People who want art and culture are gravitating here.”

The revitalization is being driven by generous grants, new state tax credits and more investor confidence in the city’s ability to attract young professionals, art enthusiasts and others, said Sue Mosey, president of the University Cultural Center Association, a nonprofit community group based in Midtown.

At least seven major condo and apartment projects — most in ornate, restored historic buildings — are planned to begin this year to meet an increasing demand for housing.
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