Called “the cultural capital of the region,” the Midtown district of Detroit is a vibrant area despite the recession that heavily impacted the city. Midtown is a mixed-use community area where residential neighborhoods, small businesses, and cultural institutions have grown roots during successive waves of growth in the area.
Midtown is home to Wayne State University (WSU), the Detroit Medical Center, and the Henry Ford Health System, making it one of the most concentrated areas of higher learning and medical facilities in the Midwest. It is also home to the Cultural Center Historic District, which includes the Detroit Institute of Arts, the Cultural Center and the Detroit Public Library. A wealth of cultural events and community projects – from business development to community gardening efforts – have strengthened community life in Midtown.
Sources: Midtown Detroit, Inc. website, Wikipedia, Live Midtown website
In 2012, Urban Partnership Bank made a $3.4 million loan to GrandPaPa’s, a maker of popular snacks, thanks to a collaborative partnership forged by the bank with two nonprofits.
For Corey Britt, the founder and owner of Fresh Start Day Care Center in Chicago, a partnership with Urban Partnership Bank is literally opening new doors for his business.
Our goal is to provide the responsible financial products our customers and the under-banked need to create jobs, promote small businesses, support nonprofits and other opportunities that build better lives and vibrant neighborhoods.
- William Farrow
President and CEO, Urban Partnership Bank