NationMaster - Encyclopedia: Economy of metropolitan Detroit

The economy of metropolitan Detroit, Michigan is a key pillar of the economy of the United States. Its nine county area has a population of 5.4 million, a workforce of 2.8 million, and about 240,000 businesses.^[1] About 80,000 people work in downtown Detroit.^[2] Metro Detroit has propelled Michigan's national ranking in emerging technology fields such as life sciences, information technology, and advanced manufacturing; Michigan ranks fourth nationally in high tech employment with 568,000 high tech workers, which includes 70,000 in the automotive industry.^[3] Michigan typically ranks second or third in overall Research & Development (R&D) expenditures in the United States.^[4]^[5] Metro Detroit is an important source of engineering job opportunities. Detroit is known as the automobile capital of the world.^[6] The domestic auto industry, primarily headquartered in metro Detroit, accounts directly and indirectly for one of every ten jobs in the United States.^[7] Image File history File linksMetadata GM_headquarters_in_Detroit. ... Image File history File linksMetadata GM_headquarters_in_Detroit. ... The Renaissance Center, nicknamed the RenCen, is a group of seven interconnected skyscrapers in downtown Detroit, Michigan on the Detroit International Riverfront. ... Motto: Speramus Meliora; Resurget Cineribus (We Hope For Better Things; It Shall Rise From the Ashes - this motto was adopted after the disastrous 1805 fire that devastated the city) Nickname: The Motor City and Motown Location in Wayne County, Michigan Founded Incorporated July 24, 1701 1815 County Wayne County Mayor... Official language(s) None (English, de-facto) Capital Lansing Largest city Detroit Area Ranked 11th - Total 97,990 sq mi (253,793 kmÂ²) - Width 239 miles (385 km) - Length 491 miles (790 km) - % water 41. ... The United States has an economy with a GDP for 2006 of 13. ... A termite cathedral mound produced by a termite colony: a classic example of emergence. ... The phrase research and development (also R and D or R&D) has a special commercial significance apart from its conventional coupling of research and technological development. ... Engineering is the design, analysis, and/or construction of works for practical purposes. ... A simulated-color satellite image of Metro Detroit, with Windsor across the river, taken on NASAs Landsat 7 satellite. ...

In February 2007, metropolitan Detroit's unemployment rate was 6.7 percent.^[8] Economic issues include the City of Detroit's unemployment rate which was 14.2 percent at the end of 2005, leaving the city with more than one-third of residents below the poverty line.^[9] The suburbs have low unemployment; however, the auto industry's economic cycles affect the entire metropolitan area. An extensive freeway system constructed during the 1950s and 1960s facilitates commuting and the city's unemployment is partly due to white flight. Beginning in the 1950s and increasing in the 1970s and '80s, the City of Detroit lost much of its tax base. This trend has begun to reverse through the 2000s, as Detroit's downtown continues a successful revitalization and gentrification. The recession of 2001 and the subsequent September 11, 2001 attacks caused a severe decline in the stock market along with a pension and benefit funds crisis for Detroit automakers. As a result, GM and Ford have implemented their respective turnaround plans; however, the plans have yet to restore profits, causing some economic uncertainty in the metro Detroit area.^[10]^[11] See Commute for other meanings. ... White flight is a term for the demographic trend where upper and middle class white people move away from non-white inner-city neighborhoods to predominantly white suburbs and exurbs. ... This article or section is not written in the formal tone expected of an encyclopedia article. ... A sequential look at United Flight 175 crashing into the south tower of the World Trade Center The September 11, 2001 attacks (often referred to as 9/11â€”pronounced nine eleven or nine one one) consisted of a series of coordinated terrorist[1] suicide attacks upon the United States, predominantly...

Auto industry

As the world's traditional automotive center, metro Detroit is headquarters to America's "Big Three" automakers, General Motors, Ford Motor Company, DaimlerChrysler's American headquarters, and a fourth, Volkswagen of America. In spite of foreign competition for market share, Detroit's automakers have continued to gain volume from previous decades with the expansion of the American and global automotive markets. GM, Ford, and Chrysler are stuggling to overcome the pension and benefit funds crisis following the September 11, 2001 attacks and the ensuing stock market decline. The Big Three automakers are implementing their respective turnaround plans which present the prospects for renewed prosperity for the region. General Motors' investment strategy increased its pension fund surplus by $9.6 billion in 2006 moving the company closer to achieving its turnaround plans.^[12] OnStar and GMAC are a source for growth. The high speculative price of oil driven by the Iraq war is a concern for the U.S. auto industry. Image File history File linksMetadata Download high-resolution version (2410x1026, 222 KB) File links The following pages on the English Wikipedia link to this file (pages on other projects are not listed): Pontiac G6 Metadata This file contains additional information, probably added from the digital camera or scanner used to... Image File history File linksMetadata Download high-resolution version (2410x1026, 222 KB) File links The following pages on the English Wikipedia link to this file (pages on other projects are not listed): Pontiac G6 Metadata This file contains additional information, probably added from the digital camera or scanner used to... The Pontiac G6 is a mid-size car released in late 2004 for the 2005 model year. ... Image File history File linksMetadata 2007v6mustang. ... Image File history File linksMetadata 2007v6mustang. ... The Ford Mustang is an automobile produced by the Ford Motor Company, originally based on the Ford Falcon compact. ... A simulated-color satellite image of Metro Detroit, with Windsor across the river, taken on NASAs Landsat 7 satellite. ... This article is 150 kilobytes or more in size. ... Ford Motor Company is an American multinational corporation and the worlds third largest automaker based on vehicle sales in 2005. ... DaimlerChrysler AG (ISIN: DE0007100000) headquartered in Stuttgart, Baden-WÃ¼rttemberg, Germany, Auburn Hills, Michigan, USA and Japan is a prominent automobile and truck manufacturer and financial services provider (through DaimlerChrysler Financial Services). ... Volkswagen AG (ISIN: DE0007664005), or VW, is an automobile manufacturer based in Wolfsburg, Germany. ... A sequential look at United Flight 175 crashing into the south tower of the World Trade Center The September 11, 2001 attacks (often referred to as 9/11â€”pronounced nine eleven or nine one one) consisted of a series of coordinated terrorist[1] suicide attacks upon the United States, predominantly... This article is 150 kilobytes or more in size. ... OnStar is a subscription-based communications, monitoring, and tracking service provided by General Motors. ... General Motors Acceptance Corporation (GMAC) is the financial services arm of General Motors, the worlds largest automobile manufacturer (by revenue). ...

General Motors' global sales have soared to 9.17 million vehicles. The sales revenue from just one of Detroit's automakers exceeds the combined total for the all of the top companies in many major U.S. cities. On quality, Cadillac outscored all other luxury automakers in two of three quality surveys by AutoPacific, Strategic Vision, and J.D. Power in 2003.^[13] General Motors continues to lead all other automakers in Strategic Vision's Total Quality Index (TQI).^[14] ^[15] In 2006, Ford announced a dramatic increase in production of its hybrid gas-electric models,^[16] Ford and GM have also promoted E-85 ethanol capable flexible-fuel vehicles as a viable alternative to gasoline. General Motors has invested heavily in all fuel cell equipped vehicles,^[17] while Chrysler is focusing much of its research and development into biodiesel.^[18] Two days after the September 11, 2001 attacks, GM announced it had developed the world's most powerful fuel cell stack capable of powering large commercial vehicles.^[19] In 2002, the state of Michigan established NextEnergy, a non-profit corporation whose purpose is to enable commercialization of various energy technologies, especially hydrogen fuel cells. Its main complex is located north of Wayne State University. J.D. Power and Associates is a global marketing information services firm founded in 1968 which provides consumer ratings on goods from cars to restaurants. ... General Motors Corporation (NYSE: GM), also known as GM, is an American automobile maker with worldwide operations and brands including Buick, Cadillac, Chevrolet, GMC, Holden, Hummer, Opel, Pontiac, Saturn, Saab and Vauxhall. ... Ford Motor Company is an American multinational corporation and the worlds third largest automaker based on vehicle sales in 2005. ... A hybrid vehicle (HV) is a vehicle that uses two or more distinct power sources such as: An on-board rechargeable energy storage system (RESS) and a fueled power source for vehicle propulsion Human powered bicycle with battery assist A sail boat with electric power[1] The term most commonly... Gasoline, as it is known in North America, or petrol, in many Commonwealth countries (sometimes also called motor spirit) is a petroleum-derived liquid mixture consisting primarily of hydrocarbons, used as fuel in internal combustion engines. ... The article on electrical energy is located elsewhere. ... Please wikify (format) this article or section as suggested in the Guide to layout and the Manual of Style. ... A flexible-fuel vehicle or dual-fuel vehicle is an automobile or truck (lorry) that can typically alternate between two sources of fuel. ... A fuel cell is an electrochemical device similar to a battery, but differing from the latter in that it is designed for continuous replenishment of the reactants consumed; i. ... The Chrysler Corporation was a United States-based automobile manufacturer that existed independently from 1925â€“1998. ... In some countries, filling stations sell bio-diesel more cheaply than conventional diesel. ... A sequential look at United Flight 175 crashing into the south tower of the World Trade Center The September 11, 2001 attacks (often referred to as 9/11â€”pronounced nine eleven or nine one one) consisted of a series of coordinated terrorist[1] suicide attacks upon the United States, predominantly... Wayne State University (Detroit, MI 48202) is located in Detroit, Michigan, in the citys Midtown Cultural Center. ...

United States Army Tank-Automotive and Armaments Command, known as TACOM is headquarted in metro Detroit together with Selfridge Air National Guard Base. The region has important defense contractors such as General Dynamics. The United States Army is one of the armed forces of the United States and has primary responsibility for land-based military operations. ... Tank-Automotive and Armaments Command (TACOM), part of AMC, the Army Materiel Command, generates, provides, and sustains mobility, lethality, and survivability for soldiers, other U.S. Armed Services, and allies - all to ensure United States Army readiness. ... A simulated-color satellite image of Metro Detroit, with Windsor across the river, taken on NASAs Landsat 7 satellite. ... Selfridge Field is a joint military community reserve and National Guard training facility near Mt. ... General Dynamics (NYSE: GD) is a defense conglomerate formed by mergers and divestitures, and as of 2005 it is the sixth largest defense contractor in the world[1]. The company has changed markedly in the post-Cold War era of defense consolidation. ...

Information technology

Metro Detroit accounts for Michigan's national ranking in emerging technology fields such as life sciences, information technology, and advanced manufacturing; Michigan ranks fourth nationally in high tech employment.^[20] Among the metro area's leading information technology and computer software companies with a major presence or headquarters are Compuware, Electronic Data Systems (EDS), IBM, Google, and Covansys. EDS makes metro Detroit its regional headquarters, and one of its largest global employment locations. Downtown Detroit maintains a wireless Internet zone. A report by the Silicon Valley based TechNet group found Michigan to be the leading state for stimulating demand for broadband.^[21] ^[22] Comcast and Verizon maintain a large presence in the area. OnStar is also a source of growth. DaimlerChrysler's largest corporate facility is its U.S. headquarters and technology center in the Detroit suburb of Auburn Hills. Kelly Services is another large employer headquartered in metro Detroit filling a wide range of needs. Five of the world's twenty largest employers began in metro Detroit.^[23] Image File history File linksMetadata Size of this preview: 800 Ã— 596 pixel Image in higher resolution (2576 Ã— 1920 pixel, file size: 1. ... Image File history File linksMetadata Size of this preview: 800 Ã— 596 pixel Image in higher resolution (2576 Ã— 1920 pixel, file size: 1. ... Compuware World Headquarters is located at 1 Campus Martius, in downtown Detroit, Michigan. ... Campus Martius Park is a park in Detroit. ... A termite cathedral mound produced by a termite colony: a classic example of emergence. ... Skaters in front of Compuware World Headquarters, Detroit, Michigan. ... Electronic Data Systems (EDS) (NYSE: EDS, LSE: EDC) is a global business and technology services company that defined the outsourcing business when it was established in 1962 by Ross Perot. ... International Business Machines Corporation (known as IBM or Big Blue; NYSE: IBM) is a multinational computer technology corporation headquartered in Armonk, New York, USA. The company is one of the few information technology companies with a continuous history dating back to the 19th century. ... Google, Inc. ... Covansys Corporation (NASDAQ:CVNS) is a global consulting and technology services company hadquartered in Michigan. ... EDS may refer to: Ed. ... To meet Wikipedias quality standards, this article or section may require cleanup. ... A view of downtown San Jose, the self-proclaimed Capital of Silicon Valley. ... Comcast Corporation, (NASDAQ: CMCSA) based in Philadelphia, Pennsylvania, is the largest cable company and the largest broadband (second overall) Internet service provider in the United States. ... This article or section should include material from Bell Atlantic This article or section should include material from GTE Verizon Communications (NYSE: VZ) is a local exchange telephone company formed by the merger of Bell Atlantic, a former Bell Operating Company, and GTE, which was the largest independant local exchange... OnStar is a subscription-based communications, monitoring, and tracking service provided by General Motors. ... DaimlerChrysler AG (ISIN: DE0007100000) headquartered in Stuttgart, Baden-WÃ¼rttemberg, Germany, Auburn Hills, Michigan, USA and Japan is a prominent automobile and truck manufacturer and financial services provider (through DaimlerChrysler Financial Services). ... ...

Finance

Metro Detroit ranks among the nation's top five financial districts having all of the big four accounting firms.^[24] The area's major finanical service employers include Quicken Loans, GMAC, Ford Motor Credit, National City Corp., Fifth Third Bank, Comerica, Deloitte Touche, Ernst & Young, and Raymond James. Finanical and investment executives have diverse employment opportunities in metropolitan Detroit. GMAC is the largest holder of mortgages in the United States. Quicken Loans is the largest online retail home mortgage lender in the United States. There are a range of venture capital firms which finanance business start-ups and acquisitions.^[25] The area's real estate investment trusts (REIT) which include Taubman Centers are an important part of the investment community. Pulte Homes, one of the nation's largest home builders has its own mortgage company. As another example, General Motors invests its $101 billion in pension assets.^[26] Detroit's historic Penobscot Building in the downtown financial district is in the heart of the city's wireless Internet zone. Image File history File linksMetadata Size of this preview: 447 Ã— 600 pixel Image in higher resolution (1920 Ã— 2576 pixel, file size: 889 KB, MIME type: image/jpeg) self made I, the creator of this work, hereby grant the permission to copy, distribute and/or modify this document under the terms... Image File history File linksMetadata Size of this preview: 447 Ã— 600 pixel Image in higher resolution (1920 Ã— 2576 pixel, file size: 889 KB, MIME type: image/jpeg) self made I, the creator of this work, hereby grant the permission to copy, distribute and/or modify this document under the terms... Ernst & Young is one of the largest professional services firms in the world, and a Big Four auditors, along with PricewaterhouseCoopers (PwC), Deloitte Touche Tohmatsu (Deloitte) and KPMG. Ernst & Young is a global partnership of many member firms, with the largest member being the American firm. ... One Kennedy Square is a building currently under construction near Campus Martius Park in downtown Detroit, Michigan. ... 1001 Woodward, also known as First Federal Bank Building, is a mixed-use skyscraper in downtown Detroit, Michigan. ... Michigan Soldiers and Sailors Monument with the old Detroit City Hall in the background The Michigan Soldiers and Sailors Monument is a Civil War monument located in Detroit, Michigan. ... The Big 4, sometimes written as the Big Four, is a group of international accountancy and professional services firms that handles the vast majority of audits for publicly traded companies as well as many private companies. ... Quicken Loans Corporation is the largest online retail home mortgage lending firm in the US, according to National Mortgage News and the 12th largest lender in the United States. ... General Motors Acceptance Corporation (GMAC) is the financial services arm of General Motors, the worlds largest automobile manufacturer (by revenue). ... Ford Motor Company is an American multinational corporation and the worlds third largest automaker based on vehicle sales in 2005. ... National City Corporation NYSE: NCC, based in Cleveland, Ohio, is one of the ten largest banks in America in terms of deposits. ... Fifth Third Bank (5/3 Bank) is a U.S. regional banking corporation, headquartered in Cincinnati, Ohio. ... Comerica Incorporated NYSE: CMA is a financial services company headquartered in Detroit, with principal offices in the skyscraper now known as Comerica Tower. ... Deloitte Touche Tohmatsu (well known by its brand name Deloitte) is the second largest professional services firm in the world after PricewaterhouseCoopers and one of the Big Four auditors, a group of the largest international public accountancy firms. ... Ernst & Young is one of the largest professional services firms in the world, and a Big Four auditors, along with PricewaterhouseCoopers (PwC), Deloitte Touche Tohmatsu (Deloitte) and KPMG. Ernst & Young is a global partnership of many member firms, with the largest member being the American firm. ... Raymond James is a regional financial services company based in the United States. ... General Motors Acceptance Corporation (GMAC) is the financial services arm of General Motors, the worlds largest automobile manufacturer (by revenue). ... Quicken Loans Corporation is the largest online retail home mortgage lending firm in the US, according to National Mortgage News and the 12th largest lender in the United States. ... // A Real Estate Investment Trust or REIT (rÄ“t, rhymes with treat) is a tax designation for a corporation investing in real estate that reduces or eliminates corporate income taxes. ... Taubman Centers is owner of United States regional malls and has headquarters in Bloomfield Hills, Michigan. ... Pulte Homes, Inc (NYSE: PHM) is a Bloomfield Hills, MI based company founded by Bill Pulte. ... This article is 150 kilobytes or more in size. ... Motto: Speramus Meliora; Resurget Cineribus (We Hope For Better Things; It Shall Rise From the Ashes - this motto was adopted after the disastrous 1805 fire that devastated the city) Nickname: The Motor City and Motown Location in Wayne County, Michigan Founded Incorporated July 24, 1701 1815 County Wayne County Mayor... Penobscot Building (left) The Penobscot Building is a skyscraper in downtown Detroit, Michigan. ... To meet Wikipedias quality standards, this article or section may require cleanup. ...

Nevertheless, the sector has suffered some job losses, Comerica Bank in an effort to further expand announced it would move its corporate headquarters to Dallas, Texas in 2007 affecting 200 jobs, however, it will maintain a large presence in Michigan. The bank has engaged in a succession of takeovers in other states including Texas, Florida, and California. The bank's lease on Comerica Tower at Detroit Center runs through 2012.^[27] Comerica Incorporated NYSE: CMA is a financial services company headquartered in Detroit, with principal offices in the skyscraper now known as Comerica Tower. ... Nickname: Big D Location in the state of Texas Country United States State Texas Counties Dallas, Collin, Denton, Kaufman, and Rockwall Incorporated 2 February 1856 - Mayor Laura Miller Area - City 385. ...

Real estate

In 2004, metro Detroit's economy helped make Michigan rank second nationally in new corporate facilities and expansions. From 1997 to 2004, Michigan was the only state to top the 10,000 mark for the number of major new developments.^[28] An indicator of economic strength, metro Detroit has one of the nation's largest office markets with 147,000,000 square feet (13,657,000 m²).^[29] Major office complexes include the 5,500,000 sq. ft. (511,000 m²) Renaissance Center, the 2,200,000 sq. ft. (204,000 m²) Southfield Town Center, and Cadillac Place with the Fisher Building in the historic New Center area. Metro Detroit's resilience has kept Michigan's economy growing in spite of difficulties. As another comparative advantage, metro Detroit is home to highly successful real estate developers. The region is the headquarters for Pulte Homes, one of the nation's largest home builders, and Taubman Centers, one of the nation's largest shopping mall developers. There is a full range of retail shopping centers from upscale stores to discount chains. The inner suburbs have properties such as older malls which, if redeveloped, could become a new source for growth. Image File history File links No higher resolution available. ... Image File history File links No higher resolution available. ... Riverfront Tower I is a luxury high rise residential skyscraper on 100 Riverfront Drive in downtown Detroit, Michigan with 295 units on the Detroit River. ... Motto: Speramus Meliora; Resurget Cineribus (We Hope For Better Things; It Shall Rise From the Ashes - this motto was adopted after the disastrous 1805 fire that devastated the city) Nickname: The Motor City and Motown Location in Wayne County, Michigan Founded Incorporated July 24, 1701 1815 County Wayne County Mayor... Image File history File linksMetadata Download high-resolution version (2592x1944, 1910 KB) File links The following pages on the English Wikipedia link to this file (pages on other projects are not listed): Southfield, Michigan Southfield Town Center Complex User:Dachande Architecture of metropolitan Detroit Metadata This file contains additional information... Image File history File linksMetadata Download high-resolution version (2592x1944, 1910 KB) File links The following pages on the English Wikipedia link to this file (pages on other projects are not listed): Southfield, Michigan Southfield Town Center Complex User:Dachande Architecture of metropolitan Detroit Metadata This file contains additional information... The Southfield Town Center Complex (Also known as the Prudential Town Center) is a cluster of five golden skyscrapers forming an ultra-modern office complex which includes a Westin Hotel, resturaunts, a fitness center, and a conference center for up to 1000 attendees. ... A simulated-color satellite image of Metro Detroit, with Windsor across the river, taken on NASAs Landsat 7 satellite. ... A square foot is by definition the area enclosed by a square with sides each 1 foot long. ... A square metre (US spelling: square meter) is by definition the area enclosed by a square with sides each 1 metre long. ... The Renaissance Center, nicknamed the RenCen, is a group of seven interconnected skyscrapers in downtown Detroit, Michigan on the Detroit International Riverfront. ... The Southfield Town Center Complex (Also known as the Prudential Town Center) is a cluster of five golden skyscrapers forming an ultra-modern office complex which includes a Westin Hotel, resturaunts, a fitness center, and a conference center for up to 1000 attendees. ... Cadillac Place is an enormous office building in the New Center section of Detroit, Michigan. ... Built in 1928, the Fisher Building, a National Historic Landmark, has been nicknamed Detroits largest art object. Its setback and towering style was inspired by Mayan architecture, as were many buildings using the Neo-American Style movement. ... The New Center is a commercial district of Detroit, Michigan located approximately three miles (4. ... Pulte Homes, Inc (NYSE: PHM) is a Bloomfield Hills, MI based company founded by Bill Pulte. ... Taubman Centers is owner of United States regional malls and has headquarters in Bloomfield Hills, Michigan. ... It has been suggested that Retail park be merged into this article or section. ... The interior of a typical Macys department store. ... The interior of a typical Macys department store. ...

The Cool Cities Initiative is an innovative reinvestment strategy for America's northern cities begun by Michigan leaders to rebuild inner cities and downtowns.^[30] Metro Detroit suburbs rank among the wealthiest in the nation.^[31] However, economic development of downtown Detroit is a priority for the region. Parts of the city have abandoned and burned out shells of buildings. The city has struggled to obtain funding to demolish blighted properties and the homes.^[32] Since the third quarter of 2006, metro Detroit's residential resale housing market has struggled, even under performing the declining residential real estate trend across the United States^[33]^[34]^[35] OnStar, GMAC, and Compuware are sources of economic growth for downtown Detroit. The city reported $1.3 billion in restorations and new developments for 2006.^[36] Moreover, downtown Detroit has seen billions of dollars in new investment over the past decade. The Detroit Riverfront conservancy has been able to acquire the $500 million investment for Detroit International Riverfront development through a series of public and private grants which includes a three mile parkway along the east river from the Hart Plaza and the Renaissance Center to the Belle Isle Bridge.^[37] Eventually, the city plans a two mile extension to the Ambassador Bridge for the west river development. Lifestyles for rising professionals in Detroit reflect those of other major cities. This dynamic is luring many younger professionals to the downtown area.^[38] The 365 acre river east development is a plan investing billions of dollars in a new mixed use residential, commercial, and retail space for downtown Detroit to serve the people where they work and live. To spearhead the development, the State of Michigan created the Tri-Centennial State Park and Harbor downtown. A simulated-color satellite image of Metro Detroit, with Windsor across the river, taken on NASAs Landsat 7 satellite. ... OnStar is a subscription-based communications, monitoring, and tracking service provided by General Motors. ... General Motors Acceptance Corporation (GMAC) is the financial services arm of General Motors, the worlds largest automobile manufacturer (by revenue). ... Skaters in front of Compuware World Headquarters, Detroit, Michigan. ... hehe Categories: | ... The Renaissance Center, nicknamed the RenCen, is a group of seven interconnected skyscrapers in downtown Detroit, Michigan on the Detroit International Riverfront. ... Interior of the Nature Center at Belle Isle Belle Isle is a 982 acre (3. ... Ambassador Bridge from the Canadian side of the Detroit River The Ambassador Bridge is a privately owned suspension bridge that connects Detroit, Michigan, in the United States, with Windsor, Ontario, in Canada. ... Tri-Centennial State Park is a state park in Michigan. ...

Speculative development for the city includes a new Quicken Loans headquarters downtown.^[39] Redevelopment of the Fort Shelby Hotel and the Westin Book-Cadillac Hotel has spurred economic growth downtown. However, the development of Detroit's west river area and its Michigan Central Station, along with an agreement on the expansion or replacement of Cobo Hall which hosts the North American International Auto Show, are the next challenges for the city. Quicken Loans Corporation is the largest online retail home mortgage lending firm in the US, according to National Mortgage News and the 12th largest lender in the United States. ... The Fort Shelby Hotel is an abandoned high-rise hotel in downtown Detroit, Michigan. ... The Westin Book-Cadillac Hotel, often called simply the Book-Cadillac, is an Art Deco skyscraper in downtown Detroit, Michigan, in the United States. ... Michigan Central Station in 2004 (Photo credit: Ryan D. Kitko) Michigan Central Station (also known as Michigan Central Depot or MCS), built in 1913 for the Michigan Central Railroad, was Detroit, Michigans passenger rail depot from its opening in 1913, when the previous Michigan Central Station burned, until the... Cobo Hall, officially Cobo Conference/Exhibition Center, is a convention center situated in downtown Detroit, Michigan, USA. It is named for Albert E. Cobo, mayor of Detroit from 1950 to 1957. ... NAIAS 2005, near the Audi exhibit. ...

Trade

Infrastructure is an important component in the metro Detroit economy. Detroit has an extensive freeway system which, together with its status as a major port facility, makes it an ideal location for a global business center. The Greater Detroit Foreign Trade Zone (GDFTZ) was created in 1981 through the U.S. Department of Commerce to allow for the reduction of taxes across borders and to attract, retain and facilitate international trade^[40]. The Ambassador Bridge is the nation's busiest border crossing, carrying 27 percent of the total trade between the U.S. and Canada.^[41] A 2004 Border Transportation Partnership study showed that 150,000 jobs in the Windsor-Detroit region and $13 billion in annual production depend on Detroit's international border crossing.^[42] The Ambassador Bridge enhancement project calls for a twin span to be built across the Detroit River presenting the prospect for expanding the nation's busiest commercial border crossing.^[43] The United States Department of Commerce is a Cabinet department of the United States government concerned with promoting economic growth. ... Ambassador Bridge from the Canadian side of the Detroit River The Ambassador Bridge is a privately owned suspension bridge that connects Detroit, Michigan, in the United States, with Windsor, Ontario, in Canada. ... The Detroit skyline The Windsor Skyline The Windsor-Detroit region is an international urban area spanning the Canadian regions of Chatham-Kent, Essex and Lambton counties in Ontario and American regions of Lapeer, Livingston, Macomb, Oakland, St. ... Border stone at Passo San Giacomo between Val Formazza in Italy and Val Bedretto in Switzerland Borders define geographic boundaries of political entities or legal jurisdictions, such as governments, states or subnational administrative divisions. ... Ambassador Bridge from the Canadian side of the Detroit River The Ambassador Bridge is a privately owned suspension bridge that connects Detroit, Michigan, in the United States, with Windsor, Ontario, in Canada. ... Landsat satellite photo, showing Lake Saint Clair, as well as St. ...

Many people commute across the Windsor-Detroit International border daily. Professions identified in the 1988 Free Trade Act are permitted TN Visas for legal work in the United States and Canada. As an example, a large number of nurses in Detroit hospitals are Canadians living in Windsor. One of the nation's largest law firms, Miller, Canfield, Paddock and Stone P.L.C., has offices in both Windsor and Detroit. The U.S dollar is readily accepted as currency in Windsor. The Detroit skyline The Windsor Skyline The Windsor-Detroit region is an international urban area spanning the Canadian regions of Chatham-Kent, Essex and Lambton counties in Ontario and American regions of Lapeer, Livingston, Macomb, Oakland, St. ... TN status is a special United States immigration status unique to citizens of Canada and Mexico. ...

The Detroit-Windsor Tunnel connects Detroit, Michigan in the United States, with Windsor, Ontario in Canada. ...

Transportation

Metro Detroit has an extensive freeway system, adminstered through the Michigan Department of Transportation or MDOT. The region offers mass transit with bus services provided by the Detroit Department of Transportation (DDOT) and the Suburban Mobility Authority for Regional Transportation (SMART). The Southeast Michigan Council of Governments (SEMCOG) is studying a plan to expand the region's mass transit system to reduce congestion and environmental pollution^[44] Cross border service between the downtown areas of Windsor and Detroit is provided by Transit Windsor via the Tunnel Bus.^[45] A monorail system, known as the People Mover, operates daily through a 2.9 mile (4.6 km) loop in the downtown area.^[46] Amtrak's current passenger facility is north of downtown in the New Center area. Amtrak provides service to Detroit, operating its Wolverine service between Chicago, Illinois, and Pontiac. Greyhound Bus operates a station on Howard Street near Michigan Avenue. A self taken shot of the Ambassador bridge on the Canadian/Amercian border, taken in the evening from the Canadian side of the border (Windsor) File history Legend: (cur) = this is the current file, (del) = delete this old version, (rev) = revert to this old version. ... A self taken shot of the Ambassador bridge on the Canadian/Amercian border, taken in the evening from the Canadian side of the border (Windsor) File history Legend: (cur) = this is the current file, (del) = delete this old version, (rev) = revert to this old version. ... Ambassador Bridge from the Canadian side of the Detroit River The Ambassador Bridge is a privately owned suspension bridge that connects Detroit, Michigan, in the United States, with Windsor, Ontario, in Canada. ... Landsat satellite photo, showing Lake Saint Clair, as well as St. ... The Michigan Department of Transportation (MDOT) is a government agency in the U.S. state of Michigan. ... In the United States of America, transit describes local area common carrier passenger transportation configured to provide scheduled service on fixed routes on a non-reservation basis. ... Detroit Department of Transportation or DDOT is the public transit operator in Detroit, Michigan. ... The Suburban Mobility Authority for Regional Transportation (SMART) is the public transit operator serving suburban Detroit, Michigan. ... Transit Windsor was started in November 1st 1977. ... A people mover is a fully-automated light rail or tram system. ... The Detroit People Mover is a 2. ... Acela Express in West Windsor, NJ Amtrak Cascades service with tilting Talgo trainsets in Seattle, Washington Amtrak train in downtown Orlando, Florida For other uses, see Amtrak (disambiguation). ... Acela Express in West Windsor, NJ Amtrak Cascades service with tilting Talgo trainsets in Seattle, Washington Amtrak train in downtown Orlando, Florida For other uses, see Amtrak (disambiguation). ... Wolverine is a passenger train service operated by Amtrak as part of its Michigan Services. ... Nickname: The Windy City, The Second City, Chi Town, City of the Big Shoulders, The 312, The City that Works. Motto: Urbs In Horto (Latin: City in a Garden), I Will Location in Chicagoland and Illinois Coordinates: Country United States State Illinois County Cook & DuPage Incorporated March 4, 1837 Government... Pontiac is a city in the U.S. state of Michigan named after the Ottawa Chief Pontiac. ... Greyhound Lines is the largest intercity common carrier of passengers by bus in North America, serving 2200 destinations in the United States. ... Michigan Avenue refers to remnants of Old U.S. Highway 12 that ran from downtown Detroit to Chicago. ...

Detroit Metropolitan Airport (DTW) is one of America's largest and most recently modernized facilities, with six major runways, Boeing 747 maintenance facilities, and an attached Westin Hotel and Conference Center. Located in nearby Romulus, DTW is metro Detroit's principal airport and is a hub for Northwest Airlines and Spirit Airlines. Bishop International Airport in Flint and Toledo Express Airport in Toledo, Ohio are other commercial passenger airports. Coleman A. Young International Airport (DET), previously called Detroit City Airport, is on Detroit's northeast side, and offers charter service.^[47] Willow Run Airport in Yipsilanti is for commercial aviation. One economic development strategy proposed is an Aerotropolis, a concept utilizing Detroit Metropolitan Airport as a central business district.^[48] Detroit Metropolitan Wayne County Airport, also called Detroit Metro Airport, is an airport in Romulus, Michigan, near Detroit, Michigan. ... The Boeing 747, commonly nicknamed the Jumbo Jet, is among the most recognizable jet airliners, and is among the largest passenger airliners. ... The Westin in Stamford, Connecticut. ... Romulus is a city in Wayne County in the U.S. state of Michigan. ... Northwest Airlines (Pink Sheets: NWACQ), occasionally known as NWA, is an airline headquartered in Eagan, Minnesota in the United States of America. ... Spirit Airlines is a United States low-cost airline operating nationwide scheduled and charter flights. ... Bishop International Airport (IATA: FNT, ICAO: KFNT) is a commercial airport located 3 miles (5 km) southwest of the city of Flint in Genesee County, Michigan, USA. It is currently the third busiest airport in the state. ... Flint, Michigan is a city in Genesee County along the Flint River about 60 miles northwest of Detroit. ... FAA airport diagram of Toledo Express Airport Toledo Express Airport (IATA: TOL, ICAO: KTOL) is a public airport located 10 miles (16 km) west of the city of Toledo in Lucas County, Ohio, USA. As well as being a main airport for Toledo, it is also a secondary airport for... Nickname: The Glass City Location in the state of Ohio Country United States State Ohio County Lucas Government - Mayor Carty Finkbeiner (D) Area - City 84. ... Coleman A. Young International Airport (IATA: DET, ICAO: KDET) (formerly known as Detroit City Airport) is a municipal airport in Detroit, Michigan. ... Willow Run Airport (IATA: YIP, ICAO: KYIP) is an airport near Ypsilanti, Michigan that serves freight, corporate, and general aviation clients. ... An aerotropolis (pl. ...

The Southeastern Michigan Council of Governments (SEMCOG) has conducted a feasibility study for a light rail link from downtown Detroit to the Detroit Metropolitan Airport, and is studying the feasibility of light rail or other rapid transit linking Ann Arbor to Detroit.^[49]^[50]^[51] These plans may become keys to the region's prospective bid for the 2020 Olympic Games. A feasibility study is a preliminary study undertaken before the real work of a project starts to ascertain the likelihood of the projects success. ... Detroit Metropolitan Wayne County Airport, also called Detroit Metro Airport, is an airport in Romulus, Michigan, near Detroit, Michigan. ... The 2020 Summer Olympics, what will be officially known as the Games of the XXXII Olympiad, is an international athletic event that has yet to be organized by the International Olympic Committee. ...

Tourism

Tourism in metropolitan Detroit is an increasingly important economic force for the region. About 16 to 18 million people visit the area annually spending an estimated $5 billion.^[52] The region's leading attraction is The Henry Ford, America's largest indoor-outdoor museum complex.^[53]^[54] The region hosts large crowds for annual events like the Windsor-Detroit International Freedom Festival, the North American International Auto Show, and the Motown Winter Blast on Campus Martius Park. The area has hosted several major sporting events such as Super Bowl XL; in fact, Detroit is the only northern city to have hosted two Super Bowls. Ford Field will host the 2009 NCAA Final Four; in April 2007 it hosted WrestleMania 23. Major League Baseball's 2005 All-Star Game was held at Comerica Park, as were 2006 World Series games due to the Detroit Tigers success. Metro Detroit is one of thirteen U.S. cities with teams from four major sports. Image File history File links Somerst_main. ... Image File history File links Somerst_main. ... To meet Wikipedias quality standards, this article or section may require cleanup. ... A simulated-color satellite image of Metro Detroit, with Windsor across the river, taken on NASAs Landsat 7 satellite. ... Greektown in Detroit Somerset Collection South Tourism in metropolitan Detroit, Michigan is a driving force for the economy. ... A Ford Model T, used for giving tourist rides, is shown above at Greenfield Village. ... After poor management and inclement weather caused great losses in 2003, this festival no longer exists in its usual form on the Windsor side of the border. ... NAIAS 2005, near the Audi exhibit. ... Campus Martius Park is a park in Detroit. ... Date February 5, 2006 Stadium Ford Field City Detroit, Michigan MVP Hines Ward, wide receiver Favorite Steelers by 4 National anthem Aaron Neville, Aretha Franklin and Dr. John, ASL performed by Angela LaGuardia Coin toss Tom Brady Referee Bill Leavy Halftime show The Rolling Stones Attendance 68,206 TV in... Ford Field is an indoor football stadium located in Detroit, Michigan that is the home of the Detroit Lions of the NFL. It is across the street from Comerica Park. ... The playoff term Final Four was originally popularized to refer to the final four teams in the NCAA Basketball Tournament; these are the champions of the tournaments four regional brackets, and the only teams remaining on the tournaments final weekend. ... WrestleMania 23 is the forthcoming twenty-third annual WrestleMania professional wrestling pay-per-view produced by World Wrestling Entertainment. ... This article or section does not adequately cite its references or sources. ... An all-star game is an exhibition game played by the best players in their respective sports league. ... Comerica Park is a baseball stadium located in downtown Detroit, Michigan. ... For other events named World Series, see World Series (disambiguation). ... Major league affiliations American League (1901â€“present) Central Division (1998â€“present) Current uniform Name Detroit Tigers (1901â€“present) Ballpark Comerica Park (2000â€“present) Tiger Stadium (1912-1999) Bennett Park (1894-1911) Major league titles World Series titles (4) 1984 â€¢ 1968 â€¢ 1945 â€¢ 1935 AL Pennants (10) 2006 â€¢ 1984 â€¢ 1968 â€¢ 1945 1940... In the United States, the four prominent major professional sports leagues are the following: Major League Baseball (MLB) National Football League (NFL) National Basketball Association (NBA) National Hockey League (NHL) There are currently thirteen metropolitan areas that have at least one team in each major sports league. ...

The area's 24,000 acre network of "metro parks" receives about 9 million visitors annually.^[55] Over 6 million people live in the Windsor-Detroit region, making it unofficially one of the largest metropolitan areas in North America. An estimated 46 million people live within a 300 mile (480 km) radius of metro Detroit. Therefore, metro Detroit has many opportunites for growth in tourism with great potential for development and expansion. The region's abundance of natural lakes and coastal landscape present investment potential for beachfront resorts and luxury high rise condominiums. The Detroit skyline The Windsor Skyline The Windsor-Detroit region is an international urban area spanning the Canadian regions of Chatham-Kent, Essex and Lambton counties in Ontario and American regions of Lapeer, Livingston, Macomb, Oakland, St. ... A simulated-color satellite image of Metro Detroit, with Windsor across the river, taken on NASAs Landsat 7 satellite. ...

The City of Detroit has the potential to expand its role as an entertainment hub for the entire region, as the emerging casino resort properties, sports venues, and theatre district pose development prospects for new retail. Detroit is the largest American city and metropolitan region to offer casino resorts. The MGM Grand Detroit Casino & Resort will open its new hotel in 2007, joining Caesars Windsor as the region's second casino-hotel property; MotorCity Casino & Resort and Greektown Casino & Resort are scheduled for completion in 2008. The city's Midtown and New Center areas anchored by Wayne State University attract millions of visitors each year to its museums and cultural centers; for example, the Detroit Festival of the Arts in Midtown draws about 350,000 people.^[56] The Detroit Theatre District is the nations second largest and includes several splendidly restored performance halls: The Fox Theatre, Fisher Theater, Detroit Opera House, Orchestra Hall, Gem Theatre, Detroit Masonic Temple Theater, Century Theatre and the State Theatre. ... The MGM Grand Detroit Casino is a gambling establishment and soon to be casino and hotel resort located in Detroit, Michigan. ... Casino Windsor is a major casino hotel in Windsor, Ontario. ... MotorCity Casino is one of three 75,000 square-foot (6,900 m2) casinos located in Detroit, Michigan. ... Greektown Casino is one of three commercial casinos located in Detroit, Michigan. ... Midtown Detroit is an area roughly two square miles, twice the size of Downtown Detroit, and just north of it and south of New Center. ... The New Center is a commercial district of Detroit, Michigan located approximately three miles (4. ... Wayne State University (Detroit, MI 48202) is located in Detroit, Michigan, in the citys Midtown Cultural Center. ...

Education and research

The region's highly educated and innovative workforce is a comparative advantage which has been very successful in organic business growth with notable examples such as Compuware and Covansys. Metro Detroit is diversifying its economic base though initiatives in emerging technologies. In 2002, the state constructed the NextEnergy Center just north of Wayne State University to focus on fuel cell development and alternative energy. The University of Michigan in Ann Arbor is one of the world's leading research institutions and Wayne State University in Detroit has the largest single-campus medical school in the United States. In January 2007, Pfizer announced it would cut 2400 jobs at its research facility in Ann Arbor.^[57] Image File history File links No higher resolution available. ... Image File history File links No higher resolution available. ... Skaters in front of Compuware World Headquarters, Detroit, Michigan. ... Covansys Corporation (NASDAQ:CVNS) is a global consulting and technology services company hadquartered in Michigan. ... A termite cathedral mound produced by a termite colony: a classic example of emergence. ... Wayne State University (Detroit, MI 48202) is located in Detroit, Michigan, in the citys Midtown Cultural Center. ... A fuel cell is an electrochemical device similar to a battery, but differing from the latter in that it is designed for continuous replenishment of the reactants consumed; i. ... The University of Michigan, Ann Arbor (UM, U of M or U-M) is a coeducational public research university in the U.S. state of Michigan. ... Ann Arbor is a city in the U.S. state of Michigan. ... Wayne State University (Detroit, MI 48202) is located in Detroit, Michigan, in the citys Midtown Cultural Center. ...

Beginning in 2010, Oakland University in Rochester will open Michigan's fourth medical school in a partnership with Beaumont Hospitals. The school will boost the region's economy with jobs in the life sciences, research, clinical trials, and doctors^[58]. Metro Detroit is home to many post-secondary instiutions of higher learning and research, including: Baker College, Carnegie Institute, Cleary University, Cranbrook Educational Community, Eastern Michigan University, Lawrence Technological University, Oakland University, Thomas M Cooley Law School-Rochester, Ave Maria School of Law, Walsh College, Rochester College, Madonna University, Marygrove College, University of Detroit Mercy, the University of Michigan and Wayne State University. Oakland University is a medium-sized public university located in Rochester, Michigan. ... Rochester is a suburb of Detroit, Michigan located in Oakland County, Michigan. ... Baker College is a private American college in Michigan, founded in 1911. ... The Carnegie Institution of Washington (CIW) is a foundation established by Andrew Carnegie in 1902 to support scientific research. ... Cleary Business College, circa 1905 Cleary University is a business college with campuses in Ann Arbor and Howell, Michigan. ... A sculpture of the Zodiac, main quadrangle, Cranbrook Campus. ... Eastern Michigan University (Ypsilanti, MI, USA 48197) is a comprehensive, co-educational public university located in Ypsilanti, Michigan. ... Lawrence Technological University is a private university located in Southfield, Michigan. ... Oakland University is a medium-sized public university located in Rochester, Michigan. ... Thomas M. Cooley Law School, located in Lansing, Michigan, is the largest law school in the United States. ... Ave Maria School of Law, a Roman Catholic law school, is located in Ann Arbor, Michigan. ... Rochester College Rochester College is a primarily undergraduate college in Rochester Hills, Michigan in the United States of America. ... Madonna University is a private, non-profit, Catholic university located in Livonia, Michigan on the western perimeter of metropolitan Detroit. ... Marygrove College is an independent, Catholic, liberal arts college sponsored by the Sisters, Servants of the Immaculate Heart of Mary. ... University of Detroit Mercy is the largest and most comprehensive Catholic University in Michigan. ... The University of Michigan, Ann Arbor (UM, U of M or U-M) is a coeducational public research university in the U.S. state of Michigan. ... Wayne State University (Detroit, MI 48202) is located in Detroit, Michigan, in the citys Midtown Cultural Center. ...

On the Canadian side of the border, Windsor's two post secondary institutions have partnered with auto makers to open high tech research and training facilities. The University of Windsor is home to the University of Windsor/DaimlerChrysler Canada Automotive Research and Development Centre. St. Clair College has the Ford Centre for Excellence in Manufacturing.^[59]^[60]. The University of Windsor is a non-denominational, provincially-supported, coeducational, public comprehensive university located in Windsor, Ontario, Canada. ... St. ...

In the City of Detroit, the Detroit Public Schools voted on April 5, 2007 to close 34 schools as part of a cost-reduction plan which will include lay-offs. Since the DPS is the city's largest employer, this will negatively impact employment.^[61] The current Detroit Public Schools logo. ... April 5 is the 95th day of the year in the Gregorian calendar (96th in leap years). ... 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the Anno Domini (common) era. ...

Media

As the traditional automotive center, the region is a major source for related journalism and business news. The Detroit television market is the 11th largest in the United States;^[62] however, these ratings do not include Canadian cable viewers that watch Detroit television stations; cities served by Detroit channels in Ontario include London, Ottawa, and Thunder Bay; many Western Canadians also watch Detroit channels, such as Saskatoon residents^[63] Detroit has the ninth largest radio market in the United States,^[64] though this ranking does not take into account Canadian audiences. The Fisher Building, a National Historic site in the Citys New Center area, is home to the Fisher Theatre, with the WJR radio antenna As the worlds traditional automotive center, Detroit, Michigan is an important source for news. ... Nickname: The Forest City Location of London in relation to Middlesex County and the Province of Ontario Coordinates: Country Canada Province Ontario County Middlesex County Settled 1826 as a village Incorporated 1855 as a city Government - City Mayor Anne Marie DeCicco-Best - Governing Body London City Council - MPs Sue Barnes... This article is about the capital city of Canada. ... Nickname: Lakehead; The Lakehead Motto: Superior by nature Location of Thunder Bay, Ontario Coordinates: Country Canada Province Ontario Region Northwestern Ontario District Thunder Bay District CMA Thunder Bay Established 1970 (amalgamation between Fort William and Port Arthur) Incorporated as Towns Port Arthur in 1884, Fort William in 1892 Incorporated as... Saskatoon is located in central Saskatchewan, Canada, on the South Saskatchewan River. ...

Historic highlights

President Franklin Roosevelt referred to Detroit as the "Arsenal of Democracy." The Ford Motor Company played a pivotal role in the allied victory during World War I and World War II.^[65] With Europe under siege, Henry Ford's genius would be turned to mass production for the war effort. Specifically, the B-24 Liberator bomber, still the most produced allied bomber in history, quickly shifted the balance of power. The aviation industry could produce, if everything went alright, one Consolidated Aircraft B-24 Bomber a day at an aircraft plant. Ford would show the world how to produce one B-24 an hour at a peak of 600 per month in 24 hour shifts. Ford's Willow Run factory broke ground in the April 1941. At the time, it was the largest assembly plant in the world, with over 3,500,000 square feet (330,000 m²). Edsel Ford, Henry Ford's son, under severe stress of running the B-24 bomber facility, died in the Spring of 1943 of stomach cancer prompting Henry Ford to re-assume day-to-day control of the Ford Motor Company. Mass production of the B-24 began by August 1943. Many pilots slept on cots waiting for takeoff as the B-24 rolled off the assembly line at Ford's Willow Run facility.^[66] Statue of Cadillac commemorating his 1701 landing along the Detroit River The first recorded mention of what became the city of Detroit in the U.S. state of Michigan was in 1670, when the French Sulpician missionaries FranÃ§ois Dollier de Casson and RenÃ© BrÃ©hant de GalÃnee stopped... Image File history File links Willow_Run_Factory. ... Image File history File links Willow_Run_Factory. ... It has been suggested that this article or section be merged into Willow Run Airport. ... Franklin Delano Roosevelt (January 30, 1882–April 12, 1945), often referred to as FDR, was the 32nd (1933–1945) President of the United States. ... This article is actively undergoing a major edit for a short while. ... Combatants Allied powers: China France Great Britain Soviet Union United States and others Axis powers: Germany Italy Japan and others Commanders Chiang Kai-shek Charles de Gaulle Winston Churchill Joseph Stalin Franklin Roosevelt Adolf Hitler Benito Mussolini Hideki TÅjÅ Casualties Military dead: 17,000,000 Civilian dead: 33,000... The Consolidated B-24 Liberator was an American heavy bomber that was produced in greater numbers than any other American combat aircraft during World War II and still holds the record as the most produced allied aircraft. ... A square foot is by definition the area enclosed by a square with sides each 1 foot long. ... A square metre (US spelling: square meter) is by definition the area enclosed by a square with sides each 1 metre long. ...

Contents

Auto industry

Information technology

Finance

Real estate

Trade

Transportation

Tourism

Education and research

Media

Historic highlights

See also

Notes

References

External links

Contents

Auto industry GA_googleFillSlot("encyclopedia_square");

Information technology

Finance

Real estate

Trade

Transportation

Tourism

Education and research

Media

Historic highlights

See also

Notes

References

External links

Auto industry