The Kresge Foundation recently pledged $2.2 million directed towards the revitalizing of the neighborhoods across Detroit. The Kresge innovative projects target every corner of the city, and it features several improvement projects like the creation of safer walking and biking streets, the construction of greenways on vacant land, and rehabbing buildings. Among the many projects, one of the biggest one targets Corktown Economic Development. The revitalizing of Detroit’s Corktown neighborhood aims at installing planters along the Michigan Avenue bike lanes to promote safer walkability and biking. Now is the perfect opportunity to give Corktown a major facelift.
A better look at the old photos of Detroit reveals major investment opportunities with the goal of revitalizing the city. Corktown is a focal point of bars, hotels, and restaurants. This town is especially attractive to investors because it has survived for the longest time in comparison to other towns in Detroit. For this reason, there are several settlements in the area, which is a plus for people intending to invest in the region. Owing to the several people settled in the region, dining regions are the ultimate investment ideas in Corktown. A great example of a thriving dining area in the city is Slows, a barbeque restaurant that attracts several residents from even neighboring regions.
Delegate your assignment to our experts and they will do the rest.
Another excellent idea of revitalizing Corktown is the reusing of old buildings to create something modernized. For instance, an old and abandoned warehouse can be reinvented to create a studio place for entrepreneurs and artists. Empowerment plans could also be incorporated to create sleeping bags and clothing for use by homeless people. It is time to take advantage of the many opportunities available for Corktown, rather than mourning its decline.
References
Braidwood, J. P., Coseo, P. J., Cox, C. J., Huang, J. J., Kenzie, J. A., Paine, J. M., ... & Solomon, E. G. (2004). North Corktown Design Handbook: The Redevelopment of North Corktown: a Project Submitted in Partial Fulfillment... for the Degree of Master of Landscape Architecture, Master of Urban Planning, Master of Architecture, Master of Business Administration.. . University of Michigan.
Doucet, B., & Smit, E. (2016). Building an urban ‘renaissance’: fragmented services and the production of inequality in Greater Downtown Detroit. Journal of Housing and the Built Environment , 31 (4), 635-657.
Green, E. A. (2003). The Rustbelt and the Revitalization of Detroit: A Commentary and Criticism of Michigan Brownfield Legislation. JL Soc'y , 5 , 571.
Sugrue, T. J. (2014). The origins of the urban crisis: Race and inequality in postwar Detroit . Princeton University Press.
Taylor, O. (2017). Strengthening the Detroit Economy While Addressing Injustice in Low-Income Neighborhoods Through High-Impact Entrepreneurship.
