How money travels in Detroit

via a456

Detroit Entrpreneurs

The front section of the New York Times featured two extensive articles on midtown Detroit--one on several small creative enterprises, the other on TechTown, the Wayne State sponsored incubator.

Most of the businesses in the first--Leopold's Books, Good Girls Go to Paris, The Bureau of Urban Living and the excellent Burton Theatre are all within walking (!) distance of one another. Leopold's specializes in graphic novels, Good Girls has a great, diverse bustling vibe, and The Burton shows great off beat films.



To read more on the entrepreneurs

FORTUNE: Can Farming Save Detroit?

And yet Hantz is fully aware of the potentially historic scope of what he is proposing. After all, he's talking about accumulating hundreds, perhaps even thousands, of acres inside a major American city. And it's clear that he views Hantz Farms as his legacy. Already he's told his 21-year-old daughter, Lauren, his only heir, that if she wants to own the land one day, she has to promise him she'll never sell it. "This is like buying a penthouse in New York in 1940," Hantz says. "No one should be able to afford to do this ever again."

cap-cap-capital...