For fifty years " Detroit" has been shorthand for all that’ s wrong with urban America: crime, corruption, decay, racial tension, struggling businesses, failing schools, a declining tax base, and more. Since 1950 Detroit has lost two-thirds of its population, falling from fifth place in the U.S. (just behind Los Angeles) to twenty-fourth (just behind Nashville). Between 2000 and 2017 alone, its population fell 28%, a steeper drop than any other major American city. A third of its land now lies vacant or dotted with empty, derelict houses. The good news is there are unmistakable signs of renewal in Detroit. Given a fresh start- courtesy of the largest municipal bankruptcy in history followed by heroic commitments to the community from visionary local entrepreneurs- Detroit has slowed its rate of population decline, stabilized its finances, and set out to prove to the world that it’ s once again open for business.
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