Posts Tagged ‘housing’

“A Great Problem to Have?” Young People Pack Downtown Detroit, But How Many Will Fit?

July 5, 2011

As recently reported in Crain’s, the market for apartments in downtown Detroit and surrounding areas has never been hotter, and young professionals are helping drive the demand. Millennials get that living in a walkable urban neighborhood is best for environmental sustainability and quality of life. A number of us here at UniverCities Connection are already relocating closer to our offices in Ypsilanti and Ferndale. Incentives like the Live Midtown program have sweetened the deal for downtown Detroit dwellers.

Marching in. (MLive - Jeff Wattrick)

Good as it is for the planet, our reinvigorated appetite for city living also poses some challenges. Even in cities like Detroit that are far from built out, vacant structures can’t be renovated and new ones constructed fast enough to keep pace with demand from prospective residents. The result? Latecomers may discover that housing in the most desirable locations is hard to find. That’s a big change of pace in a city with so much vacant space. Leasing agent Michael Martorelli calls it “a great problem to have,” but prospective renters might not see the upside.

It’s also possible that the rush will price current residents out of these places. The existence and desirability of gentrification in Detroit has been debated for at least a decade. The more money moving into the city, the better, some argue, given that most rich folks abandoned the city years ago. Yet others suggest that negative consequences threaten here, too, including the displacement of community memory as well as people themselves.

So far, the issue hasn’t been big enough to spur much discussion of real policy responses, but we can bet that it will before long. Across the U.S., there’s been a trend towards mixed-income housing, incorporating both market-rate and affordable, subsidized apartments in a single development. Chicago has been a pioneer of that model, also pushed by the federal HOPE VI program. Could the Detroit region, so long an extreme case of spatial race and class segregation, now help to define a new, more inclusive kind of American metropolis? If so, it’s likely that the youth—perhaps even some of our interns this summer—will be the ones to make it happen.