Is the Heart being removed from Heartside?

[d8alterego]

I have always wondered this and I'm curious as to whether or not there are neighborhoods that have increased in property value (gentrified) and still had an element of lower income within the same neighborhood.

I'm lookin for some great opinions.

[Rhino6885]

I have always wondered this and I'm curious as to whether or not there are neighborhoods that have increased in property value (gentrified) and still had an element of lower income within the same neighborhood.

[tamias6]

There is an old 7 or 8 story building on Westen St. to the south of the vacant land on Fulton and Division. I believe that building was converted into lower income housing.

[Ted]

There is no gentrification without (unwilling) displacement. There is no gentrification in Heartside.

[d8alterego]

Interesting read on gentrification.

[Zhahn Doe]

Gentrification is not a bad thing.

[John E]

Dwelling Place has not sold any of their properties. They do have a market rate property downtown now but have no plans of decreasing the number of low income properties, that I know of.

Dwelling Place's Weston Apartment's are two six-story buildings with 190 units. They are located on the corners of Weston at Ionia and Commerce. The buildings have recently been remodeled but remain section 8 subsidized housing (30% of income). I believe they have a deal with HUD to keep them low income for 50 years. With the new refinancing, Dwelling Place will own the buildings in around 12 years.

The requirement for getting into Verne Barry Place is that you must be homeless for I think at least the last 3 months.

Both Missions are still here and have no plans of moving, that I know of.

Many people are very happy with seeing more market rate housing being built up while keeping the low income in tact. Heartside is a very diversified culture.