Detroit: An Economy With Deep Challenges and Signs of Promise

Detroit's economy has left the city hurt, but with hope.

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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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)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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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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