The Motor City has experienced a slow and steady comeback, thanks to the efforts of non-profits and local governments to put money back into local neighborhoods. However, the effects of the recession have disproportionately impacted the Black community. Residents of the city have faced barriers to financing and opportunities for wealth creation. But that hasn’t stopped them from working hard and creating jobs. While there are still a number of challenges to overcome, Detroit is definitely making a comeback.
For starters, the city is home to a vibrant downtown area. It has revitalized its north end. The Comerica Park baseball stadium, which opened in 2000, is a prime example. The city’s football team, the Detroit Lions, was once based downtown, but they’ve moved to other cities since the 1970s, but is back in the city with a beautiful stadium. In addition to Comerica Park, there is also Ford Field, the venue for the Detroit Lions. Those are just a few of the new additions.
Another factor in Detroit’s economic revival is a rebound in manufacturing. Not too long ago, layoffs were widely expected to occur as the city began its turnaround. However, the recent recovery in manufacturing and IT industries has led to a revitalization of downtown Detroit. Meanwhile, thousands of IT workers are ensconced in formerly vacant skyscrapers, giving the Motor City a new feel.