Aired 3 weeks ago 3:04
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Aired 3 months ago 6:52
Detroit-Area Renters Are Eager To Leave. Even For Cleveland
Cleveland. Itâ€™s a city that is often compared to Detroit, and not always for their positive attributes. And nothing against our Rust Belt cousin, but it turns out itâ€™s one of the prime destinations for renters around metro Detroit who are looking to get out of town. And apparently there are a lot of people in that category. A new â€œRenter Migration Reportâ€ from Apartment List says the Detroit area is No. 2 among the 25 largest metro areas for the share of renters who are searching for apartments in other regions, at 49.6%. Conversely, just 21.9% of searches for rental units in the Detroit area come from outside the region, good for dead last. In addition to Cleveland, the top cities where Detroit-area renters are looking for rentals are Cincinnati and Grand Rapids. â€œDetroitÂ has suffered from a decades-longÂ population loss, and although this loss has slowed in recent years, the area has yet to cement a full revival,â€ the report concludes.Â You canÂ read it here. Remember, this is the whole region â€” there are hot areas like downtown Detroit where they canâ€™t seem to build units fast enough to meet demand. And Ferndaleâ€™s rents are rising. So yeah, weâ€™re coming up short againstÂ Cleveland, for Godâ€™s sake. Hereâ€™s what else weâ€™re discussing today: Thereâ€™s a penthouse loft apartment in Midtown Detroit listing for more than $1.4 million. Woah. [Freep] Drunk people are apparently stumbling out of bars in Royal Oak and into homes where they donâ€™t live, and city officials are on the case. [Daily Tribune] The metal panels are coming off the exterior of Joe Louis Arena as part of ongoing demolition work. [Detroit News] Thanks for listening to Daily Detroit. If you like what youâ€™re hearing, tell a friend about us, leave us a review and subscribe onÂ Apple Podcasts, or support us by becoming aÂ Patreon member.
Aired 3 months ago 25:11
Tax Incentives And The Future Industries Of Detroit With DEGC President Kevin Johnson
Are tax incentives as a tool to lure large-scale corporate investment and jobs here to stay? Thatâ€™s the question at the heart of this interview today with Kevin Johnson, the president and CEO of the Detroit Economic Development Corp. Itâ€™s particularly timely in the midst of Chryslerâ€™s planned $2.5 billion investment to create nearly 5,000 new jobs on Detroitâ€™s east side, where workers will build the next-generation Jeep Grand Cherokee and an all-new three-row full-size Jeep SUV. The deal has won some $291 million in assorted incentives. The Detroit Economic Growth Corporation â€“ or DEGC for short â€“ has been instrumental in development projects in the city since the late 1970s. Johnson took over as head of the organization about a year ago. He spent a few years doing economic development in Atlanta, as well as stints at organizations in Arizona, Florida and North Carolina. He spoke with Jer at the Mackinac Policy Conference last week on Mackinac Island. Hereâ€™s that conversation. Thanks for listening to Daily Detroit. If you like what youâ€™re hearing, tell a friend about us, leave us a review and subscribe onÂ Apple Podcasts, or support us by becoming aÂ Patreon member.
Aired 4 months ago 14:26
Previewing "Detroit: Engine Of America" With Author R.J. King
Detroitâ€™s had a long journey since it was founded as a frontier outpost by the French. Thereâ€™s been a lot of books about more recent Detroit history. Think 1900 forward. But not so many that look at the first years of Detroit, ones that were formative to the city we know today. R.J. King â€” an award-winning journalist, author and editor of dBusiness â€” joined me in the studio today to talk about his new book, â€œDetroit: Engine of America.â€ From the description: As the populace sputtered and grew, they developed the machinery and skilled trades that produced in volume wagons, stagecoaches, steamships, hearths, locomotives, boxcars, furniture, stoves, equipment, marine engines, pharmaceutical drugs, and finally, the horseless carriage. Detroitâ€™s grit and brawn ignited what is the first city in the Midwest, ingenuity and self-sufficiency thrust it on the world stage. R.J. King So if youâ€™re into Detroit history and the â€œhowâ€ of Detroit happened and found success, have a listen. If youâ€™re interested in the book, you can pick it up here.