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25 Reasons Why Detroit Is On The Verge Of An Epic Comeback

Jul 19, 2013, 02:22 IST

REUTERS Detroit just became the largest American city ever to file for bankruptcy

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The city is staring down a $20 billion unfunded liability vortex.

Meanwhile, crime, unemployment and broken infrastructure remain endemic.

But we're banking on the city getting its act together — and it's not just because things can't get any worse.

We've put together 25 signs Detroit is on the mend.

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Here's the summary:

  • In several major economic indicators, Detroit's rate of improvement has matched or exceeded the national average.
  • Former Mayor Kwame Kilpatrick aside, the city enjoys strong leadership.
  • The auto industry is booming.
  • Its sports teams remain hugely successful.
  • It's also becoming an increasingly popular center, for a new wave of entrepreneurs.

Hear us out.

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