Getting Creative with Blight

22 April 2009 - 7:00am

Encouraging the creative class to rent and eventually own in foreclosed neighborhoods revives blighted neighborhoods, but the strategy isn't without controversy or setbacks.

"Some urban planners warn against treating the arts as a cure-all for urban development, particularly since low-income residents are often forced out when artists move in. 'Artists have had the effect of gentrifying neighborhoods that were working for the existing communities,' says Dana Cuff, an architecture professor at UCLA and founder of cityLAB, an urban-design think tank.

Some artists are also wary of being branded as agents of development. 'I could never afford the neighborhoods that I've helped contribute to,' says Bridget Ginley, a 38-year-old painter, who says she was priced out of Cleveland's trendy Tremont and Ohio City neighborhoods once the galleries and restaurants arrived."

Full Story: Artists vs. Blight
Source: The Wall Street Journal, April 21, 2009
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Even if the report overestimates the costs by a factor of two and underestimates the tax-benefit by a similar amount, the conclusion would be pretty much the same: destination resorts cost local government and taxpayers money.