Revitalization and Gentrification in Oakland

9 December 2004 - 12:00pm

A largely African-American neighborhood in Oakland, CA, is attracting businesses and commercial property values have increased.

"...in recent years, more and more Korean merchants have opened businesses in this largely African-American neighborhood. Commercial property values have gone up, raising some concerns about whether gentrification will drive out residents and create racial tension...About 64,000 Koreans live in Alameda, Contra Costa, San Francisco and Santa Clara counties, according to 2000 census figures. It's a diverse group of professionals and low-income residents and recent immigrants"

Source: The Oakland Tribune, December 6, 2004