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Planning a Gay Enclave

Posted by: Erin Clark
Thanks to: Erin Clark
28 March 2004 - 7:00am

The City of Oakland, CA seeks to promote economic development through establishment of gay and lesbian district.

"Oakland has launched an official effort to cultivate a gay and lesbian neighborhood, an attempt to capture local dollars now flowing into San Francisco. The idea is to create a gathering place for Oakland's large but widely distributed gay and lesbian population. Such an enclave, city officials hope, will improve blighted storefronts and make Oakland more attractive to prospective residents and businesses."

Full Story: Oakland makes gay play
Source: San Francisco Business Times, March 19, 2004
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The decision to abandon a property is a symptom of the loss of confidence. And while abandonment certainly affects confidence among surrounding homeowners, the most important question to answer is not "how do we deal with abandoned properties?" but "what is the most cost-effective way to restore market confidence, and how do abandoned properties fit into that picture?"
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