While Companies Move Into Downtown Detroit, Suburbs Continue To Suffer

The Real Loser When Companies Move Downtown
Office buildings stand in the skyline in downtown Detroit, Michigan, U.S., on Monday, Aug. 20, 2012. Detroit's midtown population has grown 33 percent in 10 years while the city as a whole has lost 25 percent of its inhabitants. Photographer: Alan Chin/Bloomberg via Getty Images
Office buildings stand in the skyline in downtown Detroit, Michigan, U.S., on Monday, Aug. 20, 2012. Detroit's midtown population has grown 33 percent in 10 years while the city as a whole has lost 25 percent of its inhabitants. Photographer: Alan Chin/Bloomberg via Getty Images

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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