Decline of Center City Charlotte? Single Demograhic Development Doom City?
#1
Posted 05 March 2005 - 07:30 AM
On the news this morning they were discussing the new Epicenter and other similiar developments. Charlotte's Center city partners spokesperson Moria Quinn said the CBD appeals to a "Completely new kind of urban dweller, young urban types, who are... the knowledge class, the creative class, and there are alot of empty nesters coming into the city". (I love people who only speak with buzz words)
What his zeal misses however is what happens when these creative knowledite yuppies decide to have families and the childless couples decide to move to retirement communities? Since we are building housing to acommidate only one or two demographics do we risk a big decline in the center city when the current generation of both types decides to move on?
This quick answer to this is the next generation would move in, but experience shows that succeeding generations almost never follow the same trends of the prior generation. (to the shock of the present generation). Then there is the San Francisco effect where this trend has been going on much longer and now the city is experiencing a significant population loss.
So the question is: Will the CBD's limited choices of expensive housing cause its decline in 20 years?
#2
Posted 05 March 2005 - 09:53 AM
Why it could decline/these will be detracting factors even if it does not decline:
- Baby boomers are still at an age where they are working, even though they are empty nesters. Right now they are choosing to live in business cities like charlotte in order to keep their jobs or continue to make the money to fund their retirement. Most, i believe, will not ultimately stay here during retirement. The minority that do stay will stay for its airport to travel, mild but 4 season weather, equidistance to mountains and beach destinations. All are very good reason to retire here, but will not be good enough to keep most baby boomers away from florida or the outerbanks or asheville or the like.
- The young urban professional won't be young in 20 years, and will likely move to suburban locations to raise their kids. I know of multiple first ward residents that are moving to the suburbs because they are preggers. I personally would have a hard time staying in first ward if/when we have kids. But i would likely try to get a place that is still what many consider center city in Elizabeth/Dilworth/Myers Park/PlazaMidwood because they have 20s charm and are as good/better places to raise kids than way out neighborhoods with no trees.
Why i don't think it will eventually decline
- Racial tension that caused the initial death of urban life throughout the country is constantly declining, and taking major positive steps with each generation. Boomers are better than WWIIer, but Echo/X/Gulfers are better than boomers about racism/comfort with integrated neighborhoods. At the same time, minorities, who tend to prefer urban living, are gaining wealth and economic status, making center city living less of a poor-black thing, and more an integrated-middle class thing.
- Charlotte/Charlotte businesses are doing a good job of creating interesting, well-designed projects in the center city that are good for business, and support interesting, non-eye-rolling environment for newcomers from more urbanized areas. Furman's architecture, for example, helps to create an interesting and UNIQUE identity for charlotte that will lead this place to national respect over the next twenty years. Most urban architectural of the 90s/00s, when charlotte grew the most, is more timeless than most urban architure of the 60s-80s... Center City Charlotte will benefit from that design, which supports longer-term aesthetics as well as urban liveability. These factors will create a larger market for people moving here for people that would otherwise choose to move to atlanta. (This also includes drawing young people from NC that otherwise move away).
- Drug culture seems to have moved beyond the types of drugs that seriously hurt downtowns in the 80s (like heroin/crack, etc.) The kinds of drugs that lead people to lose control and commit random murder for 15$ has faded away. People who were kids during reagan/clinton/bushes eras seems to have either not let drugs play a role in their lives, or stuck to drugs like pot or extacy. This a very broad-brushstroke, but i think that the people in the world now who may do drugs (including older people who may have done serious drugs in the 70s/80s) are learning how to not let those drugs ruin their lives, and follows the lives of urban communities across the country.
- Environmental laws will only get more strict, and gas prices will only get more expensive over the next twenty years. These factors will direct higher percentages of people to urban living. As long as it is only an economic factor, I think many people will chose urban living... but when it becomes a social (people thinking that crime, black riots, drugs, homelessness are major factors to downtown living), then the equation shifts to favor suburban life for middle class people.
- Urban amenities that will like be built in the next few years will go a long way to attracting people to live downtown versus exurbs over the next 20+ years: 2 urban parks, street retail, movie theater, bowling alley, target, lowes/home depot, other major retail, street cars, trolleys, museums, theatres, greeways. Whatever macro trends exist, when all these are within 2 miles of eachother, there will easily be 20-30k people willing/wanting to live near them.
I definitely think some of the macro generational factors that started the trend to urban living will dissipate, but i think that the infrastructure that is being created now, is being built in a way that will compete well with the suburban lifestyle, and urban lifestyles in other cities. As a result, i think that there will be sufficient in-migration from other parts of NC, nationally, and internationally, that charlotte's downtown will thrive. The one exception this will be if a serious social issue arrise (such as destructive drugs, racial tension, or terrorism) that causes the middle class to flee as in the past. I think those will not occur, so Charlotte's CBD will be thriving in 2025. (although, the bobcats will be asking for a new arena then).
#3
Posted 05 March 2005 - 10:09 AM
Doom? No.
Almost every DT and urban core goes through a series of cycles. Charlotte will see a time when DT development stops and many leave for greener pastures. Or at least a green front yard.
#4
Posted 05 March 2005 - 10:15 AM
#6
Posted 05 March 2005 - 01:31 PM
#7
Posted 05 March 2005 - 03:48 PM
#8
Posted 05 March 2005 - 04:11 PM
The fact that most of the residential growth uptown is being led by the single, professional, no kids demographic means that when these people get older and settle down, there's always a possibility that they'll want to move to have more space for the kids. Center cities are not great places for kids to have outdoor playspaces.
That's not to say that they'll abandon the center cities entirely. Manhattan and Brooklyn, New York, for example, are filled with healthy famailies living in urban envirenments. And the children of these young professionals as well as the in-between generations could find a lot to love uptown, thereby possibly staving decline.
But it's a fact that areas decline over time only to be gentrified again. Even with all the great things happening in center-city Charlottte, it can't be assumed the momentum will last forever. One incident or a new idea elsewhere can doom any area.
#9
Posted 05 March 2005 - 04:41 PM
This post has been edited by appatone: 05 March 2005 - 05:25 PM
#10
Posted 05 March 2005 - 04:50 PM
It's starting to become this way, and I think it's a very positive trend.......all neighborhood services could be accessed by walking, biking, or very short car trip, but the character and appeal of the single-family neighborhoods would be largely left intact.
#11
Posted 05 March 2005 - 05:07 PM
#12
Posted 05 March 2005 - 06:11 PM
This post has been edited by Skyybutter: 05 March 2005 - 06:12 PM
#13
Posted 05 March 2005 - 06:48 PM
Maybe its not the same in housing.
This post has been edited by moonshield: 05 March 2005 - 06:49 PM
#15
Posted 05 March 2005 - 08:32 PM
moonshield, on Mar 5 2005, 06:48 PM, said:
Maybe its not the same in housing.
<{POST_SNAPBACK}>
Although it is not through rent control mechanisms... first ward has this type of rent variation/income diversity you guys are speaking of (in positive and negative terms).
This same hope vi program is expected to transform belmont/optimist park in the next 5 years, and some aspects of the program are being baked into the business model of CHA overall. Instead of building big all-poverty complexes, creates a ghetto effect that strains neighborhood socially. By weaving a subsidized unit here and there in otherwise middle-class neighborhoods, poor kids make friends with middle class kids and learn behaviors that are more likely to lead to future success than those behaviors learned in ghetto neighborhoods.
I pay handsomely for my condo in first ward, but it doesn't bother me that some families fallen on hard times pay almost nothing a block away... that is, as long as they don't rob or assult me... And given the low crime in first ward, the notion that mixed-income neighborhoods can be successful.
#16
Posted 06 March 2005 - 02:06 AM
#17
Posted 07 March 2005 - 04:10 PM
#18
Posted 08 March 2005 - 10:27 PM
Sorry. Got to waxing philosophical there.
#19
Posted 09 March 2005 - 01:19 AM
Dale, on Mar 8 2005, 11:27 PM, said:
I see that too.
#20
Posted 09 March 2005 - 06:51 AM
Quote
How cheap do you want it go? $160k is not too much for uptown living in any city, I am amazed at how affordable some of it is. Granted though that is for a one bedroom 800 sq feet condo.

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