Peter Karmanos Has Lofty Goals For "Live Downtown"

DETROIT (WWJ) - On "Michigan Matters" on WWJ-TV, Compuware founder and CEO Peter Karmanos discusses a new five-year program called "Live Downtown," designed to entice people to move to Detroit.

People will be offered incentives of up to $25,000 to purchase housing, or $2,500 to rent. Karmanos says "Live Downtown" has a lofty goal:

"It's very important if you want to revitalize the city, that we have, even as much as 100,000 people living between downtown and the new center area, and you'll be amazed at what can happen with that kind of momentum," said Karmanos.

Catch "Michigan Matters" at 11 o'clock Sunday mornings on WWJ-TV, CBS in Detroit.

On a related note...
Save the date October 27th for WWJ Newsradio 950 GLITR's Last Thursdays Unwired Coffee Series. Our next presentation, "Resurrecting Detroit," lets you learn from the leaders who are rebuilding Detroit today, brick by brick.

Panelists Include Peter Karmanos, Jr., chairman, Compuware Corp.; Deirdre Greene Groves, Executive Director, The Collaborative Group; and Kim Yost, CEO, Art Van Furniture.  Click here to pre-register or for more information about this FREE event!