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In the 1990s, the city began to experience a revival, much of it centered in Downtown, Midtown, and New Center. One Detroit Center (1993) arose on the city skyline. Newer downtown residents are predominantly young professionals.[26][27] The city has three casino resort hotels - MGM Grand Detroit, MotorCity Casino, and Greektown Casino - with one of the larger gaming industry markets in the U.S. New downtown stadiums Comerica Park and Ford Field were constructed for the Detroit Tigers and Detroit Lions in 2000 and 2002, respectively; this placed the Lions' stadium in the city proper for the first time since 1974. In 2008, the city witnessed major restorations of the historic Book Cadillac Hotel and the Fort Shelby Hotel.[28] The city has hosted major sporting events - the 2005 MLB All-Star Game, 2006 Super Bowl XL, 2006 World Series, WrestleMania 23 in 2007 and the NCAA Final Four in April 2009 - all of which prompted many improvements to the area.

The city's International Riverfront is a focus of much development which has complemented similar developments in Windsor, Ontario. In 2007, Detroit completed the first major portions of the River Walk, including miles of parks and fountains. The Renaissance Center received a major renovation in 2004. New developments and revitalizations are a mainstay in the city's plan to enhance its economy through tourism.[29] Along the river, upscale condominiums are rising, such as Watermark Detroit. Some city limit signs, particularly on the Dearborn border say "Welcome to Detroit, The Renaissance City Founded 1701".[28] [30]

In 2004, Compuware established its world headquarters in downtown Detroit followed by Quicken Loans in 2010. Significant landmarks such as the Fox Theatre, Orchestra Hall Detroit Opera House, and the Gem Theater have been restored and host concerts, musicals, and plays. The Detroit Institute of Arts completed a major renovation and expansion in 2007. Many downtown centers such as Greektown, Cobo Center and Campus Martius Park, as well as the Michigan State Fairgrounds on the northern border, draw patrons and host activities