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Tag Archives: Investment

Detroit from Above and Before

09 Tuesday Dec 2014

Posted by Reinhart Commercial in Building, Cities, Commercial Real Estate, Community, Detroit

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Cities, Detroit, Investment, Planning

Detroit & People MoverIn the New York Times Sunday Review, aerial photographer and pilot, Alex S. MacLean, showcases Detroit. Not every photo is flattering but all are interesting. Detroit is rebounding and as with all cities that have rebounded, it takes time.

A fantastic place to see photos from Detroit’s great past is at HistoricDetroit.org, on their website they have photos of “Buildings, Places and Landmarks”.

Looking at what Detroit once was it’s easy to be optimistic that the city can reflect that spirit once again.

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Invest and Walk in Detroit

11 Friday Jul 2014

Posted by Reinhart Commercial in Building, Cities, Commercial Real Estate, Community

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Commercial Real Estate, Detroit, Investment, Walkable Downtowns

river walkGeorge Washington University Center for Real Estate and Urban Analysis recently released a report: Ranking Walkable Urbanism in America’s Largest Metros. While Detroit ranks 22nd out of 30 for metro areas, there is hope. Detroit ranked 8th out of 30 for cities that are developing urban walkable places. The authors see a permanent shift developing from the importance of drivebility in suburbs of metropolitan cities towards walkabliity in the city itself. If you drive in from the outskirts, walk in the city. A lightrail line will make that easier, connecting downtown, midtown and New Center.

Dan Gilbert, owner of Quicken Loans, owns nine million square feet of real estate in Detroit. He believes in Detroit and others are starting too also. Business are popping up, after years of Detroiters shopping in the suburbs, there is opportunity to keep those dollars in Detroit. Investors and entrepreneurs are rebuilding the city. Go to town, take a walk by the river, go buy something, a meal, a hat, a building, a house…  Guardian Bldg Detroit

Source: M-Live

Source: New York Times

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