Fifty years ago Detroit had almost 2 million residents--now it has fewer than 1 million. The Big Three automakers will never be as big as they were, and Detroit's economy is not as diverse as those in other large cities.
It's time to transform, as the Detroit News reports:
Mayor Dave Bing said today his troubled city could have a bright future if it properly downsizes, markets its positives and find ways to re-create vibrant, safe communities to attract new growth.
"Without a doubt, we've got to downsize the city," Bing said of the city's shrinking population.
He said the city needs to "market our strengths" such as the casinos and the Detroit River.
Bing made the statements at a Time magazine and Brookings Institute-sponsored forum titled "Reimaging Detroit: Making Washington A Partner in Detroit's Next Economy." The event was at the Alfred Taubman Center in the College of Creative Studies near downtown.
And yes, Dave Bing is the same guy who starred for the Detroit Pistons in the 196s and 1970s.
Related posts:
Detroit: City in ruins
The emptying of Detroit and HelpmeleaveDetroit.com
Large scale farming may be coming to Detroit
Technorati tags: Detroit Michigan economy automobiles cars auto industry dave bing
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