11/21/2011 04:02 pm ET

Developer Richard Baron Revives Old Dream

After Richard Baron built a career out of St. Louis as a national developer of blighted urban property, he longed to come back to his hometown of Detroit to take on the city's challenges.

So he tried in the 1980s, tried in the 1990s and tried in the early 2000s, but he was never able to find a project that would work with the city's politics.

He pitched an idea for Tiger Stadium, for the former J.L. Hudson Co. building on Campus Martius and for the redevelopment of vacant homes along Woodward.

He had all but given up, focusing instead on the 16,300 units and 1.29 million square feet of commercial space he has developed in 35 cities across the country at a value of $2.45 billion.

Read more on Crain's Detroit Business