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Tag Index  /  Showing 1 - 6 of 6 results for “Quicken Loans”

Cities Startup Culture

Detroit Needs Talented People … and It’s Getting Them

Detroit’s unique challenges have given rise to bold policy prescriptions and created a hotbed of opportunities. In 2012, a dozen smart, enterprising recent college graduates moved to Detroit. They were Venture For America Fellows, assigned to local startups to gain experience and contribute energy to Detroit's revival.   More

Cities Government

Next Step To a Techonomic Detroit? The Wrecking Ball

Demolition isn’t exactly a techonomic concept, but clearing Detroit of tens of thousands of burned-out houses and crumbling factories is a crucial next-step in urban renewal here, according to Dan Gilbert. In fact, he’d like to see a digital billboard count down the progress to the last razed building. Efforts to improve education, support entrepreneurship, and boost Detroit's cultural hub won’t mean much to locals until the blight is cleared, Gilbert argued. “If we get these structures down, all of them, we’ll be amazed at how quickly this land gets redeveloped," he said.   More

Cities

To Revive Detroit, Revive Its Core

It may seem early to talk about Detroit’s rebound, with the city’s recent bankruptcy filing on July 18th, but the fact is this city is ripe for renewal. Its much-needed fiscal reset provides an opportunity to return to a real growth strategy, one that can serve as an example of how to bring any city back from the brink. This renewal is already blossoming in Detroit’s core—a 4.3 square mile section of the city that bridges Downtown and Midtown, encompassing just 3.1 percent of the city’s landmass, but with 36 percent of its jobs. In this core, employment grew by over 4 percent between 2009 and 2011, while the city as a whole saw jobs decrease nearly 6 percent.   More

Cities

With Philanthropy and Business the Coaches, Motor City Aims to Play Again

In our many conversations about how to ensure that the United States retains its standing as the world’s most innovative and entrepreneurial nation, we have often looked to Detroit as a cautionary tale. In the 1950s, Detroit was like today’s Silicon Valley—a hotbed of entrepreneurial activity, booming with high-growth companies, and the heart of American innovation. But then Detroit lost its way. The epicenter of Detroit’s entrepreneurial ecosystem—the auto industry—went into decline. As a result, Detroit lost more than half of its population, and recently filed for bankruptcy. It lost its entrepreneurial mojo and became risk-adverse. And as its economy sputtered, its community struggled. Can Detroit get that mojo back, and rise again? We think the answer is yes.   More

Cities

Rock-Bottom Real Estate Creates Opportunity in Detroit

Jerry Paffendorf and Dan Gilbert have radically different visions of urban renewal, but both seek to leverage the depressed Detroit real-estate market to spur entrepreneurship and opportunity. Paffendorf, a refugee from the Silicon Valley startup scene, created a website called "Why Don't We Own This?" which offers prospective buyers an information-rich online map of auction property. The idea behind the site is to encourage innovators to buy and renovate inexpensive properties to use for creative or entrepreneurial endeavors.   More

Business Cities

Why Techonomy Detroit?

People keep asking, "Why are you doing a Techonomy conference in Detroit?" We're known for our invite-only annual retreat in the desert near Tucson. So why, you may wonder, is our first one-day event in a gritty, depressed, financially-troubled city that seems well past its glory?   More