Renewal that promotes sustainable business is vital for cities seeking to reverse a downward economic and social spiral
You could be forgiven for thinking the 21st century had turned its back on Detroit: its once mighty industries have been hollowed out, the city authority is bankrupt, and ghostly is the word ascribed to districts where abandoned buildings are the norm, not the exception.
In Detroit, there is just one job for every four residents and a total of 20 sq miles of land – about the size of Manhattan – is vacant. The population is little more than 700,000, down from almost 2 million in the 1950s.
Detroit’s fall from grace has been neither swift nor painless. But its predicament is not entirely unique. Around the world, cities that rose on the back of the industries of yesteryear are facing up to similar harsh realities.
Continue reading at Guardian Sustainable Business.