Investing in Detroit

I am fairly certain I am going to end up buying a loft in downtown Detroit. I have always wanted to live in a big city and since a real big city would involve a total uprooting of my life I am going to buy in the D. The area I am looking in has all kinds of renovation going on. Nearly every building is undergoing a transformation to become some type of housing and I find that encouraging. The thing that makes me nervous, outside the clown show City Council and the gangsta mayor, is what happens once all these units are filled? Once the developers get their return I am concerned they are out the door. The downtown Detroit area is cool to visit but to sustain a population they will need to open things like grocery stores, dry cleaners, and such. I wonder if these things are in the works. Does anybody have any knowledge about situations like this? I wonder if I am setting myself up for a disaster. Well, I do have on thing going for me. No matter how bad the city gets or how low my property value drops I will not have to EVER cut my grass.