Today's Coming Crisis Movie

Tuesday, July 26, 2011

Detroit gives extra cash to city workers in hopes they'll live downtown... must be a great place to make a home

Employees of five downtown-based companies are being given financial incentives to live where they work.

DTE Energy’s Paul Hillegonds says the trend is already there, with a number of young professionals and creative types hanging their hat in downtown Detroit lofts and apartments.

Now, the plan is to create greater density in surrounding neighborhoods, but not just for the younger set.

“We have a number of probably empty-nesters, but also a number of retirements ahead with younger people who will be coming to work in Detroit at DTE headquarters,” Hillegonds told WWJ Newsradio 950′s Ron Dewey.

“And I think we’re going to see growing interest in living in Detroit,” he said.

Blue cross Blue Shield President CEO Dan Leopp thinks the program will work.

“Our first application came in via email at 10 a.m., and we’ve already gotten about a half-a-dozen phone calls. So, I think clearly I believe the demand is there,” Leopp said. (more)