Hope these plans blossom and certainly the National Theater on Monroe would be a grand plan for downtown. In our efforts to clean areas in the neighborhoods of the city, we continue to see buildings with "for rent" "for sale" signs on them. When one calls the number, it's been disconnected or noone calls back. Let's hope some of the outer areas can be redeveloped.
Speaking of downtown, unless there are residents there, no retailer will spend any money to eek out a living. Sure CrossWinds is building their 7 years in the making condos- the same company that made it happen in 2 in Royal Oak- and the Woodward Corridor is beginning to become loft central, but until about 20,000 folks choose to move from the suburbs or other areas of the country, there will be no major effect. Wait til the crains come down and the buildings are built. Residents are the key to substaining any viable downtown or neighborhood in general. The city touts its "new housing permits" every year- they number in the low hundreds. A city that once was home to two million, now 850,000, needs residents and folks willing to take risks.
Still, the downtown area can substain a major retail project indeed. However, the neighborhoods need not be forgotten.
I'd buy up all the property downtown but the prices of land raised by speculators waiting endlessly for casinos/ballparks/arenas have priced the average investor right out of the area. Major money has monopolized many historic buildings and land. The most we'll see is a Walmart- well, there is now a Borders-Perhaps it is time to throw some reality at them and surround the islands of prosperity and at most, Home Depots, with true urban renewal, block by block, parcel by parcel independantly. We can sell or build with people devoted to the integrity of the city. Who needs another suburb in Detroit?
Peace from Will at DetroitBazaar
Peace and Good day