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
The Market is Uncertain,
an Opportunity to Some, Too Much a Risk for Others
What
czb does:
Develops public and private sector strategies to INCREASE demand,
make time on market more
competitive, and attract investing better grades of 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
Neighbors Tackle Threats
Inconsistently
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
It Looks as if Only
Some Care
Enough to Improve
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