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Originally Posted by DetroitSky
Exactly. I wonder how things would be around here if the Great Recession didn't occur. There was a period of growth before 2010 or so as well but many projects never came to fruition and it wasn't such a rapid revitalization.
No concrete details yet, but there was a soft announcement for a 20+ floor residential building near Comerica Park and it was announced a week ago or so that The Leland would be renovated. The Leland is 22 floors and is underused.
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There was some growth just before the recession, but I’m not sure if Detroit would have gone into bankruptcy without the recession, and without the bankruptcy, I don’t think Detroit would be in the favourable position it is in now.
So, I feel that the recession actually helped Detroit get its shit together finally!
I’ve heard about the possible 20 floor highrise, I think it’s directly across Woodward from the Fox Theatre. It’s a great site for such a building.
Very happy to see the Leland getting a renovation also, it’s in such an awful state right now. I used to go clubbing there in the mid 80s when the City Club was big in the punk/new wave scene, so it makes me happy to see it getting some love!