03/09/2013 08:17 am ET

While Companies Move Into Downtown Detroit, Suburbs Continue To Suffer

DETROIT, MI - It seems kids these days just don’t want to work in the suburbs. Campbell Ewald knows this. Dan Gilbert knows this. The idea of driving to corporate islands away from the vibrancy and amenities of downtown life may have been appealing to someone at some point, but for years now the trend has been that young American professionals want to be downtown.

In many metro areas, that’s not much of an issue. But in Detroit, the suburbs are already suffering from remarkably high vacancy rates.

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