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Tour The Pony Ride With Phil Cooley As Your Guide

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Ponyride: Episode 1 "A Creative Incubator Community" from Charlie Kelly on Vimeo.

What does a study to see if the foreclosure crisis can have a positive impact look like? It would seem the answer is a building in Corktown Detroit owned by Phil Cooley, a partner at Slow's BBQ. He purchased a 30,000 square-foot warehouse for $100,000 and now rents the space out at $0.10-$0.20 per square foot, which includes the cost of utilities. The idea is to keep it out of the hands of speculators and give it back to the community as a creative business incubator. Most importantly, they are tearing out the late 80s additions to the building to return it to its (more attractive) industrial roots. Good call because we all look better when we throw out what was acquired in the 80s.

· Pony Ride [Official]

Ponyride

5203 Loraine Street, , MI 48208 Visit Website

1401 Vermont St. Detroit, MI