Wait, Detroit is Cool?

The city that once reigned as the locus of brute American manufacturing strength has been in collapse for decades.  Yet now, in its deepest decline, Detroit is once again ripe for a new kind of development, as Urbanophile explains in an exceptional piece of internet journalism.  What kind of craft revival could emerge from the recession-wrought wreckage of Motown?
Hat tip to Galen Pierce-Gardner and Sistah Sarah.