A Rebound in Detroit

When most people think of a city having a renaissance, Detroit does not likely come to mind. Sure, it has its iconic Renaissance Center, headquarters of General Motors (GM), but the view of Detroit, and Michigan in general, is of a city and state in decline. That view is not entirely unfounded. Detroit's population in the mid-20th century was nearly 2 million;  today it's just north of 700,000.

But before you write off Detroit and the entire state of Michigan as economic wastelands, I can tell you from personal observation that Detroit is undergoing a renaissance. I recently visited Detroit's waterfront, which is three miles of beautifully revitalized recreational walkways and bikeways. This waterfront is leading the way to the revitalization of the city. The city is on the rebound. (And I can't say enough about the food at the famous Slows Bar BQ, where I was invited to dine by the owner, Detroit entrepreneur Phillip Cooley.)...403 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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