Full Citation
Title: Downtown Displacement Report
Citation Type: Miscellaneous
Publication Year: 2019
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Abstract: The City of Fresno has recently completed a series of planning efforts that are geared toward the revitalization of the Downtown core and the neighborhoods surrounding Downtown. Since these plans were adopted several projects, including the reopening of Fulton Street and the awarding of state Transformative Climate Communities funds for Downtown Fresno neighborhoods, have occurred. The City has heard and responded to numerous concerns that increased development in Downtown may result in the displacement of existing low income households and small businesses. Although property owners often experience a benefit of increased investment and development in the form of increased property values, renters (both residential and commercial) can experience a negative impact in the form of increased rents. This report, using an expansive definition of Downtown (i.e. the downtown core and surrounding neighborhoods together), examines indicators of potential displacement in Downtown and Fresno outside of Downtown. This report will inform the Anti- Displacement Task Force and interested members of the public. This report looks at the potential for displacement within Downtown. Although early scholarly work presented downtown decline as a natural or inevitable process, drivers of neighborhood decline are now known to not be “natural” but instead a complicated mix of government policy and investment, changes in the economy, demographic and migration shifts and the lingering effects of past discriminatory actions. This report looks at mid-century decline of Fresno’s greater Downtown within this framework. From there the report examines known indicators of displacement including rental rates, vacancy rates, and rent burden for residential displacement and lease rates and retail vacancy for commercial displacement and contrasts Downtown with Fresno outside of Downtown. Quantitative sources include U.S. decennial census data, American Community Survey data, and private commercial real estate data
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Data Collections: IPUMS NHGIS
Topics: Housing and Segregation
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