Emerging market city

Abstract

The increasing orientation of urban governance toward managing territory as a collection of real estate markets is an internalization of neoliberal reason, particularly its entrepreneurial logics, which results in an emerging market city, a city restructured in the service of markets and governed as a series of micro-market geographies. This reconfiguration of urban governance in US cities is a transition to the management for markets rather than population. This paper offers a case in which the rendering of the city as a series of markets underpins a multi-million dollar foundation-led planning project in Detroit that reimagines and restructures the role of urban governance in seeking a spatial fix for investment.