Detroit's rebound shows model for urban revitalization

"Detroit has rebounded to a degree that few would have thought possible," Fortune says, "reflecting the work of dozens upon dozens of community leaders, businesses, and nonprofit institutions, not to mention a maniacally focused city government."

• "But one particularly impactful and innovative part of the effort has been a major investment of time and capital by JPMorgan Chase, America's biggest commercial bank."

What's next: The bank has published a playbook of lessons learned from the Detroit efforts, arguing that it's good for business to invest in everything from affordable housing to skills training.

• JPMorgan Chase vice chairman Peter Scher told us: "When neighborhoods grow, our business is stronger. Detroit was a great lesson in this — and an example of what happens when government and business work together to focus on the real needs of a community."
• The playbook — which will be distributed to clients, elected officials and community organizations — will be used to guide the bank's future investments in other communities in the U.S. and around the world.

Go deeper: Read the Fortune article ... Read the 28-page playbook