The $300 million in federal and private aid announced Friday for Detroit is just a drop in the bucket compared to the city's $18 billion debt. While the aid is far short of a bailout, it represents a down payment on the city's recovery.
Sep 28, 2013 Detroit Free Press
The story of how Detroit became the largest US city to ever file for bankruptcy is a long and tangled one featuring many villains and several "if only" moments. The Detroit Free Press reviews 50+ years of financial history to set the record straight.
Sep 16, 2013 Detroit Free Press
Chicago's Fulton Market's new transit stop is attracting attention and investment in the neighborhood. Increasingly, more cities in the Midwest are embracing transportation projects as a means to revitalize downtowns and historic districts.
Sep 4, 2013 The Architect's Newspaper
In his quest to leave no source of potential revenue unexplored, Emergency Manager Kevyn Orr is looking into selling Detroit's parking lots, meters and garages. The experiences of other cities who've trodden a similar path offer cause for caution.
Aug 30, 2013 The Detroit News
In bright reds and oranges, a map produced by Data Driven Detroit makes clear how much the city has suffered from decades of suburban flight. Nearly every block of downtown features substantial parking, including a stunning amount of surface lots.
Aug 16, 2013 DC.Streetsblog
"Nearly all the rich world’s industrial cities fell on hard times between 1950 and 1980," says The Economist. Why did some recover while others failed? A new paper argues that skilled workers and a diverse economy are key to overcoming adversity.
Aug 16, 2013 The Economist
What's made the difference in the trajectories of similarly-sized Midwest cities Detroit and Indianapolis? According to David Masciotra, cross-sector partnerships centered around sports entertainment have been the driving force behind Indy's success.
Aug 13, 2013 The Atlantic Cities
The Motor City is the not the only victim of the largest municipal bankruptcy in U.S. history. Local governments across Michigan are now encountering substantial obstacles to borrowing amid concerns about the security of municipal bonds.
Aug 12, 2013 The New York Times
The $500 million Renaissance Center, a 2.9-mile People Mover, and new downtown sports stadiums are just some of the grand schemes that were supposed to help arrest Detroit's decades-long decline.
Aug 11, 2013 The Washington Post
In an interview with The Wall Street Journal, emergency manager Kevyn Orr explains how his own experiences living in once-derelict, now-thriving cities leave him optimistic about Detroit's revival.
Aug 5, 2013 The Wall Street Journal