Business, Change Agents, Giving Back, News, Regional Transformation

Investment in Detroit comes from all walks of life

Reinvest

A few weeks ago Warren Buffet sat on the stage at the Detroit Homecoming and declared, “We would buy a company in Detroit today, and we would be happy to have the headquarters here.”

mqdefaultThat made national news and may have sent shock waves through some in the investment community. It certainly was no surprise to long-time investors in our city. Those investors include business leaders and corporations. That’s a given. They have chosen to stay in Detroit and help with the city’s transformation. They have the dollars, the network and connections to move those plans forward and they have our ongoing thanks.

That said they are just one part of those rebuilding Detroit. There are believers everywhere.

The small- and medium-size businesses that have been in the city for years.

Those who take a risk with pop-ups stores and restaurants, hoping they will catch on and become permanent.

The artists who have chosen Detroit to practice their craft.

Those who tirelessly work in neighborhood, community, civic and charity organizations.

Those who work in the fire and police departments who every day put their lives at risk to keep our city safe.

Those who have started their own blog sites to share Detroit’s stories.

Those who tweet about Detroit’s progress and life in the city.

Others are rebuilding their lives in Detroit. Some as new residents. Others are recovering from poverty, addiction or other issues. And there are so many more.

All these investors have one goal …make something out of everything. Every single one is part of the fabric that will make Detroit the city we all want.

Their input is essential as the master plan to revitalize Detroit evolves. They are the ones closest to our city’s core. They are the ones who live, work and play in Detroit every day. Their views are shaped by every day observations and experiences at all levels of our city.

Reimagine It is one of the reasons the Downtown Detroit Partnership launched a perceptions survey to help shape its programs. It is open to everyone. You can share your opinions and offer feedback by visiting downtowndetroitsurvey.org. What you have to say will help the DDP shape its key programs and initiatives going forward. It’ll take about 10 minutes to complete. The survey closes October 31. We’ll have the results yet this fall. They will be shared with DDP’s partner, the Downtown Detroit Business Improvement Zone.

The BIZ is a special assessment district formed by property owners that provides cleaning, safety and landscaping services to keep Downtown Detroit clean, safe and beautiful. It will generate an annual budget of $4 million through assessments contributed by 573 commercial properties in the BIZ area. Leadership guiding the BIZ consists of 15 representatives of downtown’s diverse business community.

Like all those who have invested in Detroit it is critical to the city’s future.

Remember a city is a life. The life we want for Detroit will happen because the men and women who live, work and play here will it to be so. That’s the opportunity Warren Buffet sees here.

– This blog also appeared in Crain’s Detroit Business Detroit 2.0

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