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Neighborhoods in Transition

Neighborhoods in Transition

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What czb does

Develops public and private sector strategies to grow confidence and grow the quality of neighborhood stocks that 'pull' investments IN

Context

  • Residents' behaviors are not fully confident or unconfident about the future
  • Residents and outsiders have a 'wait and see' attitude resulting in too little obvious signs of investment as a sign of confidence

 

Market | The Market is Uncertain
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What czb does

Develops public and private sector strategies to maintain demand, keep time on market competitive, and attract investing inmovers.

Context

  • Supply and Demand bounce back and forth; resulting in a kind of equilibrium that generates 'affordable housing' due to persistently marginal neighborhood conditions
  • Real estate prices rise slightly and fall slightly periodically
  • The market appears to 'urban pioneers' as a good 'buy low' opportunity
  • Racial and economic homogeneity are relatively mild to low; usually a good degree of 'fleeting' diversity
  • Under the right circumstances, gentrification is a potentiality

 

Self Management | Neighbors Tackle Threats Inconsistently
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What czb does

Develops strategies to increase capacity and willingness of residents to undertake 'more than their fair share' of problems, and to solve problems as they arise

Context

  • Neighbors win some and lose some with respect to warding off threats
  • Some problems that arise are solved quickly; others linger. Often this occurs in concentrations by blocks, too spotty to be neighborhood-wide
  • Public Institutions sometimes but unreliably accountable
  • Properties communicate a very mixed degree of care. Large unexploited infill opportunities

 

Physical Conditions | It Looks as if Only Some Care
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What czb does

Analyzes a community's physical assets and other stocks in their inventory, and develops a sequentially phased revitalization strategy to increase the quality of the built environment

Context

  • Properties are inconsistently invested in
  • Physical fabric has many missing teeth
  • Most properties do not generate enough equity to leverage reinvestment
  • Under-invested properties are beacons to 'buy low' opportunities

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