The QLINE, one ofthe many factors bringing change to Downtown Detroit, recentlybegan operating.
DETROIT—This city's downtown has been on the rise for a numberof years, and high-tech firms and workers have played a key role. CBRE justreleased its latest Tech Talent Scorecard, part of its sixth-annualScoring Tech Talent Report, and placed Detroit at #20among the top 50 US and Canadian markets, the first time it brokeinto the elite group.
“It's finally a recognition of what's happening in DowntownDetroit,” Mark Collins, executive vice presidentwith CBRE, tells GlobeSt.com. And the investment taking placedowntown is not merely in the office space. All commercial realestate sectors in the CBD, including retail and multifamily, areshowing increased momentum, with rising rental ratesand values, along with steep falls in vacancy rates.
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Brian J. Rogal
Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.
