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  1. #10

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    Or even Royal Oak for that matter. Royal Oak is building 6 floor apartments by the day.

    But actually, there's a lot of things about Detroit that limits a lot of developments.

    1) Financials; the cost to build in Detroit is significantly higher than something equivalent in the suburbs [[as is the case in many cities, but seems disproportionate in Detroit)
    2) Red tape; Detroit seems to have more unnecessary layers of bureaucracy than anywhere else which slows the process of development
    3) Services and safety; while it's not as big as deal as you'd think, it's still a factor in whether or not anyone moves into the development once it's completed. That of itself goes back into the financial factor because lenders are going to want to see concrete evidence that there is demand in Detroit [[usually in the form of rising rents).

    In the end, it all point to the inefficiency of our city government. Hopefully, Duggan does find a way to clean up the process and get more development through the pipelines.
    Last edited by animatedmartian; March-29-14 at 02:03 AM.

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