Detroit Developer Spurs Tangible 'SimCity' Land Rush

According to NPR, Detroit real estate developer Jerry Paffendorf recently purchased a vacant lot for $500 at a property auction, and then divided the land into 10,000 purchasable square-inch plots. The plots, which each cost $1, have all been sold to a total of almost 600 mini-landowners, or "inchvestors." Of his plan to introduce a virtual yet palpable online "Sim" community to a struggling Detroit, Paffendorf said he wants to "build this wild social network of people that's literally built out of the dirt and the ground." As befits a real estate sale, plot owners can do what they will with their square-inch estates. (One has considered installing a mailbox.)
While some locals contend that Paffendorf is merely trying to capitalize on the sympathy of outsiders with his 'Loveland' project, 9-year-old Ricki Collins is relishing the arrival of hundreds of new neighbors -- even if they don't actually live there. As a member of the last remaining family on the languishing neighborhood block, Ricki said, "I want people to come over so we can get to know each other, learn new things about each other" -- a sentiment that city leaders around the nation would be wise to adopt. [From: Loveland and NPR]





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