|
|
Article: River's invitation; Waterfront improvements aim to spur private development.
- Article from:
- Crain's Detroit Business
- Article date:
- August 24, 2009
- Author:
CopyrightCOPYRIGHT 2009 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Byline: DANIEL DUGGAN AND SHERRI BEGIN WELCH
Detroit's riverfront will continue to transform over the next five years with public projects that are in the pipeline.
The pace of private investment in the riverfront district has slowed with the economy, but plans to bring aesthetic improvement and ease accessibility to the river are to be finished or expanded.
Current public space improvements will serve as a foundation for renewed private development on the water once the economy rebounds, said Faye Alexander Nelson, president and CEO of the Detroit Riverfront Conservancy.
"Before the economy went goofy, there were a number of very ...