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PonyRide.Org
What it is: A collective that leases out space to local artists and entrepreneurs
Why it's cool: With a plan to revitalize Detroit and fight against the foreclosure crisis that struck the city, a group of socially conscious artists and entrepreneurs purchased a 30,000-square-foot warehouse at 1401 Vermont Street in Detroit, Michigan.
They rent out the space for well-below market rates to local entrepreneurs and artists looking to start businesses and put together projects that can help breathe new life into the community.