Next City: Buying a Share of Detroit’s Revitalization

Andrew Colom and David Alade believe that longtime Detroiters should profit from the revitalization of their city. And they don’t mean that as a metaphor.

These two men are old friends who moved to Detroit in 2015 to launch Century Partners, an unusually holistic housing development company. Colom came from Mississippi, where he pursued writing and film while running a real estate company in his hometown. Alade came from New York City, where he worked as an investment banker at Barclays Capital and Credit Suisse. They met when they were students at Columbia University, and while it took years of “what if” conversations, they finally found themselves in Detroit, going all-in with a new model of getting things done.

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