Pontiac, Comeback City

Candice Williams reports from Pontiac, Michigan, where the "budget is in the black, new businesses are opening in town and development projects are giving residents hope for a brighter future."

The news is a marked contrast to the state of the city in 2009, at the height of the Great Recession, when the city faced a $6 million budget shortfall and $100 million in accumulated debt.

The new employers in Pontiac "range from engine manufacturer Williams International, which moved to the city last year, to retail giant Amazon, which plans to build fulfillment and distribution centers on the site of the former Pontiac Silverdome starting next year in a $250 million project that will create 1,500 jobs," according to Williams.

The article includes a lot more detail on the proposed development at the Pontiac Silverdome site, as well as more on the catalytic potential of the development.