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'The Revitalization of Detroit: A Conversation with J.P. Morgan's Jason Tinsley'

  Broadcast in Business

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Pervasive blight, crime, neglected school systems, and bankruptcy...terms that have all been used to describe the condition of Detroit, MI. Once the Mecca of the American automotive industry, where French architecture was as common as the Coney Island restaurants speckled across the city, where the sound of 'Motown' left its mark on history, and where the prosperous middle class owned homes with yards and nice cars...Detroit, the history rich city that serves as the poster child for a nation in turmoil. However, the city is seeing a revitalization much like the progressive metropolitan cities many people have flocked to. Where there once was dilapidated and long forgotten factories now stands lofts and condos that rent for thousands of dollars per month. Entrepreneurs are flocking to the city and the onset of promising businesses is spreading like wild fire, Foreign investors are buying Detroit homes in bulk, and J.P. Morgan has agreed to invest $100 million dollars over 5 years into the city....is this the reset button Detroit has been longing for? How long will it take to see a complete revitalization of Detroit? Are you willing to invest? Join us as we discuss the revitalization of Detroit with Private Banker, Jason Tinsley of J.P. Morgan...

Tags:
Detroit
Revitalization
Motor City
Hockeytown
Motown
JPMorgan
Banking
Michigan
Urban
Entrepreneurship
Entrepreneurs
Money
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