Midtown revitalization

The News today had an interesting story about Midtown's revitalization.

Here is the link: http://detnews.com/article/20100125/METRO/1250372/Detroit-s-Midtown-district-is-a-Boom-Town

The main interesting things I learned:

• "Midtown" is made up of six neighborhoods (including Cass Corridor, Brush Park, and WSU) and was only designated in 2000 - borded by I-75 in east and south, I-94 in north, and the Lodge in the west
• In 2000, 17,000 people lived in Midtown - 3,200 new residents have moved in since
• Half of new residents are university students living in new dorms
• 1,500 housing units have been added since 2000
• Employment base is 70,000 - anchored by DMC and WSU - non automotive
• Area boasts Detroit's cultural jewels - the DIA, Wright Museum, CCS, and Detroit Science Center
• Occupancy rate is 93% due to medical and university tenants
• Much more foot traffic and stores than other parts of Detroit
• Rent in some properties is as low as 50 cents per square foot

Overall, the article compares it favorably to Troy, which isn't bad at all.