Detroit's 'doom loop' was unlike any other American city. Its downtown is now a model for urban reinvention.

Business Insider

Lean Left

Mixed Factuality

Private Equity: Kohlberg Kravis Roberts

Detroit's 'doom loop' was unlike any other American city. Its downtown is now a model for urban reinvention.

The Guardian Building in downtown Detroit.Raymond Boyd/Getty ImagesFor decades, Detroit was seemingly caught in an economic time warp that hobbled its full potential.But the city's downtown has one of the most stunning urban reinvention stories in the United States.Downtown Detroit recently hosted the NFL Draft to rave reviews and even broke an attendance record.Last week, more than 775,000 football fans converged in downtown Detroit for three d…