Block by Block, Detroit’s Startup Scene Revives a Great City [Mashable]

… despite the bankruptcy, crime, urban desolation and despair, a different story is emerging. Slowly, the Detroit phoenix seems to be peeking from its very substantial ashes. Slowly, the Detroit phoenix seems to be peeking from its very substantial ashes.

The lunchtime walk from the MGM Grand is weird. It’s cold, there are no cars. It is reminiscent of Reykjavik, the capital of Iceland, where everyone stays inside — only the crazy or naive walk. Across the Detroit river is Canada. The smokestacks and stacked aerials are the perfect setting for a Springsteen song.

But at 1555 Broadway Street, just across from the Detroit Opera House, a once-famous building has become the lodestone for the city\’s regeneration, a coworking space that houses startups — even a company known as Twitter.

The M@dison Theater was originally built in 1917 and was crumbling away until it reopened in 2011. It was purchased by Dan Gilbert, the chairman of Rock Ventures and Quicken Loans, the largest online retail mortgage lender in the U.S.

via Block by Block, Detroit’s Startup Scene Revives a Great City.

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