Portland Economic Trends

3. In the 1990’s the central business and residential districts of cities in the United States became the focus of a revitalization process. Discuss how each has contributed to this revitalization process.

In response to the lack of effort on the part of businesses to renovate the downtown area, city council members to take action. What are some ways that the city government could promote this kind of revival?

Along with a thorough enough discussion of anything comes the inevitable unearthing of its strengths and weaknesses. The Portland Plan has a number of strengths: it is comprehensive, well thought out, inclusive, and should ultimately lead to a well-planned and sustainable city. How in-depth the Portland Plan is, is a testament to its preparedness to face any challenges to lead the Portland of today into becoming the Portland of tomorrow, as any potential question that may arise is likely addressed within the text of the plan. The mercurial nature of the plan is to its advantage, as anything not addressed within the text of the plan does not render the plan obsolete, but rather may be simply found by finding the popular opinion of the

The loss of industries was one of the reasons for the decline of the city. Therefore, the city in conjunction with the federal government must work on serious strategies and tactics to bring back industries that were lost in the 1970s. This of course would mean giving out incentives to the corporations and certain tax reliefs and so forth. That initiative alone would solve the city’s major economic issues because it would provide jobs to low-skilled workers as well as the blue collar workers because that those are the groups that are

Based on my understanding of gentrification, the practice seems pretty negative to societies. Low-income families are often not given the resources that are needed for them to survive. While new, renovated facilities may benefit the well established newcomers, the longtime residents are suffering. When the class visited Braddock, PA, we saw that there were new building, but they were all very expensive. Rent is also going up as businessmen buy out

Gentrification if the city of Portland has become a huge problem. A problem that is directed towards low income residents, and people of color. Gentrification can be seen mainly to put into disadvantage these people and to technically get rid or get them out of the cities that are being gentrified. This is exactly what is happening in the city of Portland. Housing has increased drastically in Portland in the past 10 years causing low income residents to lose their homes and move out of their city. For other people their struggle is not being able to purchase a house because of the high prices or not being able to pay it off during a decent time. The gentrification in Portland is basically helping part of the city to become wealthier by bringing in the rich people and get out low income residents into areas that in bad conditions. But the city planners instead of helping the areas that need the money and the time decide to instead better areas for the people who are already in good conditions and leave the poor areas unseen.

2 . The Philadelphia Coalition for Affordable Communities calls North Philly a “housing cost-burdened,” because 50% of its renters are paying more than they can afford.

Making sure that there are enough jobs in the region to sustain the needs of urban growth in a growing population.

As the leasing amount and house rent goes up while there is stagnation in wages and salaries, affording the monthly rent becomes difficult leading to gentrification in the city.

City area can no longer rest on its reputation as a diversified economy with a well-educated population. The region has fallen behind in growth and competitiveness compared to its peer cities and it needs concerted focus to improve.

However, it wasn’t always this way, in its past, Portland used to have a thriving black community, so why has that changed now? These are the consequences of gentrification. According to the Merriam Webster dictionary, gentrification is the process of renewal and rebuilding accompanying the influx of middle-class or affluent people into deteriorating

Woodlawn and Washington Park lack commercial vitality likely due to the low and declining residential density and the lack of disposable income needed to support retail development. Businesses in Woodlawn and Washington Park largely cluster along the neighborhoods’ commercial corridor with prime access to the CTA’s Green line Stations and are characterized by low sales volume and not much diversity. With large concentrations of vacant land and a lack of neighborhood amenities both neighborhoods will have an uphill struggle to start growing the residential base if done in isolation from UChicago and other non-profit and public partners.

During the past few years, gentrification has been on an uprise.“Nearly 20 percent of neighborhoods with lower incomes and home values have experienced gentrification since 2000, compared to only 9 percent during the 1990s.” Gentrification is happening in areas that supposedly need a change, such as the low-income neighborhoods in New York City, Minneapolis, Seattle and Washington, D.C.Factors such as uniqueness, accessibility, the energy of the neighborhood and reasonably priced homes attract gentrifiers. It has altered many cities in the country. Gentrification can be defined as the procedure of reestablishment and remaking due to the flood of prosperous individuals into falling apart and low-income areas that frequently displaces poorer

According to Enrico Moretti 's ground breaking book, “The New Geography of Jobs,” manufacturing sector companies have been superseded in the knowledge economy by innovation sector companies. While they were once the holy grail of community planners, manufacturing sector companies are no longer the ideal economic model.

Our cities offer close proximity to services, entertainment and employment. Building high density housing within reach of the main sectors of the hub