Dr. Detroit? Mayor Bing Releases New 50-Year Plan to Revitalize City

After two years of research and community input, Mayor Dave Bing unveiled a 50-year plan for revitalizing Detroit Wednesday that includes relaxing rules for startup companies, the Associated Press reports.

The 349-page strategic blueprint focuses on job growth, land use, improving neighborhoods and rebuilding infrastructure.

$150 million in initial funding will come over the next five years from the Kresge Foundation, a private organization, based in nearby Troy.

“As mayor of Detroit and a long-time member of th is community, I’ve witnessed the steady decline of a city with so much promise,” said Bing, a former NBA star and businessman in Detroit. “I’m convinced Detroit can be a world-class city again.”

Read more at Politico.