Seems like Michigan is ripe for companies to move in and start hiring. One of the odd things I have yet to figure out is why businesses "cluster" together in certain cities. Washington DC, New york, etc, while other cities languish. It seems odd that one would want to locate a business to an already highly competitive area, where one has to pay premium saleries to the workers, and have transit problems moving materials and product in and out. Basically every element of operating a business in one of these "up and coming" type cities is much more expensive.
Now, OTOH, the neighborhoods were those beautiful homes are located to me seem to be ripe for business. Obviously, the real estate is cheap, but You also have loads of cheap labor avaliable as the most obvious benefit, but also, due to the fact that this was a big automobile town means that there's plenty of transit options avaliable to move product and material in and out easily and cheaply.