Emerging Urban Development Markets
Once, these neighborhoods weren't so nice after dark. But things change when districts gentrify.
The gentrification wave started -- or perhaps re-started -- in the 1970s, when places like Manhattan's Soho district began attracting residents to formerly decrepit industrial zones. Many years later, the trend continues, not just in New York, but across the country. "Urban gentrification makes sense because [it is] taking areas close to the city center and making them better," said Paul F. Purcell, a partner in Braddock + Purcell, a real estate consulting firm.
Thanks to Jim Barrows
Full Story:
Published on Wednesday, September 8, 2004 in
Topics
- Report: No City or State in the U.S. Has Enough Housing for Low-Income Residents
- Review: The Hudson Yards Mega-Development, Open to the Public Today
- Proposed Mega-Development Would Expand Chicago's Skyline
- 3D Printing Affordable Housing at Scale
- Home Builders Aren't Building the Smaller Homes the Market Wants
- It Takes a Fatality to Remove On-Street Parking
- Study: Density Can Impede Growth
- 'Urban Luxury' Housing Skyrockets in Texas and Beyond
- Many Norms, Few Plans: Urban Rubble Clearance in the Cities of the Global South
- Concrete’s Contribution to the Rise and Decline of Civilization
- 2018 Survey: Housing Production is Up Around the U.S.
- Transit Ridership Up in San Diego
- Dallas DOT Brings New Mobility Vision to the Region
- More States Look to Expand Tenant Protections
- Santa Monica Pedestrian Mall Wants People to Hang Out
- The Case for Fourplexes in Portland
- Survey Reveals the Market Footprint of Online Grocery Services
- New Approach for the Housing Authority of New Orleans Apparent in 600 New Units
- Scrutiny of HUD Secretary Ben Carson's Schedule
- Zoning Reform Gets Another Try as Massachusetts Wrestles With Housing Crunch
