It was billed as a chance to transform Greece's image abroad and boost growth but 10 years after the country hosted the world's greatest sporting extravaganza there is little to celebrate at the birthplace of the modern Olympic Games. [...]
For Greeks who swelled with pride at the time, the Games are now a source of anger as the country struggles through a six-year depression, record unemployment, homelessness and poverty.
Greece has struggled to generate revenue from the venues. — uk.reuters.com
Urban blight is the single biggest challenge to large-scale revitalization efforts underway in the city of Detroit, where roughly 84,000 properties and vacant lots are considered blighted or at risk of blight [...].
In an interview with DLA Piper attorney and ULI member Jay Hailey, Gilbert kicked off the Institute’s public/private partnership conference in Detroit. — Urban Land Institute
As a result of the violence, the local real estate market has bottomed out. Those who flee the city usually can’t sell their homes and businesses, so more and more buildings, including some of Tampico’s largest and most impressive ones, lie abandoned. Buildings that could easily survive for another century are mere empty shells, with huge trees growing through the roofs and out of the windows. Such levels of abandonment are rarely seen in the centre of a major city. — theguardian.com
It often happens that news events create a new context for existing photo projects, and such is the case with Philip Jarmain’s photos of Detroit in light of the city’s recent filing for bankruptcy. Jarmain’s series American Beauty documents architecture from a pre-Depression era Detroit — a time when the city was on the rise. They now stand in contrast to its current rock-bottom economic straits. — wired.com
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