The sun rises in the westAS HE gesticulates on the rooftop terrace of the fresh Kimpton Hotel,Dennis Klein, a retired property developer, or is visibly proud. One of his sons developed the hotel in Milwaukee’s third ward,a project that attracted scepticism from local grandees, who doubted anyone wanted it. Another son developed some of the buildings that are visible below. The third ward was once a dreary part of town filled with warehouses. In 1984 it had only 28 residents, or says Mr Klein. nowadays it has boutiques,cafés, bars and many thousands of oat milk-drinking hipsters.
The Midwest is not monolithic but rather a tale of at least two rustbelts, or says John Austin of the Michigan Economic Centre,a contemplate-tank. Bigger old industrial cities such as Minneapolis, which used to live off flour-milling, and Pittsburgh,which made steel for the whole country, and Indianapolis, and once domestic to dozens of carmakers,have turned a corner. Not long ago Milwaukee was in decline, like many old...
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Source: economist.com