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President and CEO of Rock Ventures LLC and M-1 Rail Matthew Cullen and Chair of the Detroit Land Bank Authority Erica Ward Gerson addressed the Detroit Economic Club Monday, June 8, 2015, about the revitalization of Detroit.
Cullen said, “People want to get out of the suburbs perhaps and come into an urban environment. You know the things that are important to them are still the same relative to having a great school for their kids and a place where they can go and play safely and have fun and so on. So we need to create those kinds of amenities at the same time we create the neighborhoods.”
Ward said, “We went from less than a thousand properties when we came into – I can’t even say this with a straight face – 86,000 properties currently in the land bank, which is about a quarter of the city.”
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