I love Detroit! It is going to take a long time for Detroit to recover and by a long time I expect 20 years. What will get Detroit back on track is when a large company moves there and starts to hire thousands for jobs. The main issue is the lack of jobs. People are leaving Detroit in huge numbers. The real estate is abandoned. Here is what Detroit has going for them.
I do not think American Consumption will grow to be what it was in the past. Our population is growing and we are living longer. I think the best bet for Detroit would be to try to attract manufacturing jobs there and specifically in the Green industry. Metal roofs, bamboo floors, housing related manufacturing and consumer staple items manufacturing.
I love Detroit. Detroit is important to the American History, Motown and Cars and so many other things. I believe that by 2026 Detroit will be thriving again...it is going to take time. Don't count Detroit out just yet!