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Originally Posted by chrissayer
Interestingly enough, Gamble's Universal Development has announced that they will cut back development in SW Philadelphia because house values are begining to take off - instead, they will let market forces work.
Even better, they are going to set up workshops, etc. to help neighborhood residents take advantage of the boomlet.
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It's great to hear communities actually getting to be part of the revitalization efforts. As Brooke alluded to, some of these developers/realtors/visionaries are looking to pump-n-dump as much property as they can to ride fence-jumpers all the way to the bank. Well I think that was her point...if not, it's mine
It's got to be one of the greatest challenges for those who want to bring the neighborhoods along for the ride: how to improve a neighborhood without kicking out the neighbors. Easier to kick them out. Shame.
In any case, a couple of big cheers for North Philly!
-D