Monday, December 22, 2014

Curbed Chicago: Will These New Developments Gentrify Black Neighborhoods?

Rendering of the new 95th Street CTA Terminal
Bouncing off an article courtesy of Chicago Public Radio, Curbed Chicago takes a look at new real estate developments in Black neighborhoods around the city that could benefit.

For example, we here at the Sixth have our eye on the Whole Foods Market coming to 63rd/Halsted in 2016. Certainly people are concerned about the "dreaded G word" in like of the upscale grocer moving in.

Another nearby development that Curbed Chi has listed to provide a benefit to the surrounding community is the new 95th CTA terminal that's currently under construction. As a matter of fact in our year in review post coming New Year's Eve we noted one side effect of the new terminal - the loss of a long time hot dog stand. Curbed notes that we shouldn't "discount the effect that new transit hubs can have on a surrounding area".

Which reminds me speaking of transit, what effect could the future CTA Red Line extension south of 95th  have on the surrounding communities when it's finally built? If Curbed Chi revisits these issues in the future perhaps they would revisit the extension.

For addition reading I would like to refer you to our post from back in August 2014 that explores the fact that neighborhoods that are "too Black" don't gentrify. The aforementioned public radio piece seems to consider that same point.

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