Detroit: An Economy With Deep Challenges and Signs of Promise
Detroit's economy has left the city hurt, but with hope.
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Detroit: An Economy With Deep Challenge and Signs of Promise - For decades, Detroit’s economy has been ravaged by a declining population and tax base, high unemployment and neighborhoods with abandoned buildings. At the same time, there have been some impressive development projects with refurbished office buildings and new residential and business openings. Take a look at some of these historic buildings and areas. — Jonathan P. Hicks(Photo: John Collins/Chasephotog)
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An Auto Headquarters and Economic Symbol - The General Motors Corporation’s headquarters remains the symbol of Detroit’s prominence in the worldwide automobile industry. While its impact on the city’s economy has declined, the auto industry continues to have a role as a significant engine in Detroit’s economy. (Photo: John Collins/Chasephotog)
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Michigan Bell Building: A New Use for an Old Skyscraper - A historic Detroit building, the old Michigan Bell skyscraper, sat vacant for some 20 years. It has been renovated recently into an office and residential building.(Photo: John Collins/Chasephotog)
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Roosevelt Park and Old Train Station - The Michigan Central Station, once a major railway hub, was closed in 1988 and has remained vacant. When it was constructed in 1913, it was the tallest rail station in the world.(Photo: John Collins/Chasephotog)
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Downtown Detroit: Scene of Development - There has been a significant level of development in downtown Detroit, where a number of old office buildings have been refurbished and restored. Also, there are a number of newly renovated hotels, apartment buildings and new restaurants and stores.(Photo: John Collins/Chasephotog)
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An Economy That Even Affects Churches - The once proud St. Ann’s Roman Catholic Church is now an abandoned, gutted shell. It is a sign of how widespread the rash of abandoned structures has been in Detroit.(Photo: John Collins/Chasephotog)
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The Heidelberg Project: An Unusual Artists’ Colony - Created by artist Tyree Guyton, the Heidelberg Project is an outdoor initiative to develop some of the abandoned homes into an artists’ colony of community gardens, museums, galleries and more. It is located in a neighborhood that began to deteriorate after the 1967 riots.(Photo: John Collins/Chasephotog)
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A Skating Rink Tied to Revitalization - Campus Martius Park is a refurbished area that anchors a two-square block district that is the commercial center and heart of downtown Detroit. It includes two stages, sculptures, public spaces and an ice skating rink. (Photo: John Collins/Chasephotog)
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A City of Old, Charming Homes - Despite the economic troubles of Detroit, the city has several neighborhoods with elegant homes. One such example is the home once owned by Berry Gordy, the founder of the legendary Motown record label.(Photo: John Collins/Chasephotog)
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Wholesale Urban Blight: Abandoned Blocks - The economic impact of population decline has created a situation where large swaths of neighborhoods have homes that have been abandoned. It has caused city planners to consider restricting residents to certain sections of the city.(Photo: John Collins/Chasephotog)
Photo By Photo: John Collins/Chasephotog
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