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Gentrification, the process of altering the demographic and socioeconomic composition of a neighborhood usually by decreasing the percentage of low-income minority residents and increasing the percentage higher-income residents, [1] has been an issue between the residents of minority neighborhoods in Chicago who believe the influx of new residents destabilizes their communities, and the ...
As early as 1985, Pilsen's proximity to the downtown area and its low-value property became an ideal neighborhood for gentrification. [2] Pilsen residents and community institutions mobilized against two major redevelopments Chicago 21 Plan (the mid-1970s) and Chicago 1992 World's Fair (early to mid-1980s). [ 2 ]
Gentrification is more likely when there is an undersupply of housing and rising home values in a metropolitan area. [5] The gentrification process is typically the result of increasing attraction to an area by people with higher incomes spilling over from neighboring cities, towns, or neighborhoods.
This led the area to be nicknamed "The Cabbage Patch", [9] [10] a name which stuck until the early 1900s. [9] During World War II, the triangle formed by North Avenue, Clark Street, and Ogden Avenue (since removed) were designated a 'neighborhood defense unit' by Chicago's Civil Defense Agency. [11]
In 1997 Chicago unveiled Near North Redevelopment Initiative, a master plan for development in the area. It recommends demolishing Green Homes and most of Cabrini Extension. [ 7 ] In 1999 Chicago Housing Authority announced Plan for Transformation, [ 7 ] a plan to spend $1.5 billion over ten years to demolish 18,000 apartments and build and/or ...
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Tyrone Muhammad, 53, a former enforcer for the Gangster Disciples who did 20 years in state prison, now runs a violence prevention program in Chicago’s inner city.
Gentrification has no mercy and knows no bounds. Enter Four Kings, a soulful and vital Cantonese restaurant from chefs Franky Ho and Michael Long. ... and downright fun. In this Bay Area spin on ...