article thumbnail

The Road to Recovery in Detroit

Buisness Facilities Contributed Content

These have been dark days for Detroit. But out of the ashes of this monumental collapse — and in the midst of one of the most run-down neighborhoods in Detroit — a remarkable revival is rising like a phoenix. billion in its Jefferson North plant on Detroit’s dilapidated East Side.

Detroit 51
article thumbnail

Homeownership Is Becoming the More Affordable Option in Most Housing Markets

Pro Builder

Housing prices are high all around, but low mortgage rates, rising wages, and home-equity wealth are giving buyers an edge over renters. Buying is more affordable than renting in the following areas with a population of 1 million or more: Houston, San Antonio, Detroit, Philadelphia and Tampa. Thu, 01/27/2022 - 10:20.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

$25 Million Pledged for Economic Development Partnership in Flint, Michigan Amid Water Crisis

Buisness Facilities Contributed Content

FlintNOW was launched in January by Tom Gores, chair and CEO of Platinum Equity and owner of the Detroit Pistons, to support immediate relief for victims of the water crisis as well as longer-term revitalization of the region’s economy.

article thumbnail

Cities Where Homeownership is More Affordable Than Renting

Pro Builder

While renting offers flexibility and convenience, homeownership begins equity and can offer lower taxes. The largest cities, such as San Francisco, New York, and San Jose, are best for renters while Detroit, Memphis, and Milwaukee are top markets for homebuying. SmartAsset analyzed the 50 largest U.S. Key Findings. The largest U.S.

article thumbnail

40 Under 40 Class of 2023 winner Kimberly Dowdell inaugurated as AIA 2024 President

BD+C

My journey in architecture, from my roots in Detroit, to this influential role, has deepened my conviction that design has the power to transform communities and elevate the human experience.”

AIA 52
article thumbnail

The growing importance of cultural representation in senior living communities

BD+C

It requires sensitive engagement, especially as we commit more and more to diversity, equity, and inclusion—both on our design teams and for the people we serve. and Richmond, Texas, near Detroit and Houston respectively, with a focus on culture at various scales from program to finishes.

article thumbnail

Cover Story: 2014 Business Facilities – Metro And Global Rankings

Business Facilities

Your eyes weren’t deceiving you when you saw Detroit, MI sitting at No. Yes, we know that Detroit became the largest city in history to file for bankruptcy protection, a process the city is expected to emerge from this year. Airbus is the largest customer of the U.S. aerospace industry, with over $14 billion in purchases from U.S.

Metro 111