As development comes to South Shore, gentrification is focus of group aiming to safeguard residents
“I’m more so excited to see the new businesses and how we can grow from the gentrification from the projects that are coming like the Obama library,” McDowell said as he flipped a sizzling filet of white fish.
“It will give local residents currently living in the community an opportunity to have a voice in local development,” said Tonya Trice, executive director of the South Shore Chamber of Commerce and a member of the We The People Steering Committee. How precisely community investors would share in any potential largesse remains to be determined as well as assurances that rents for residents and tenants will be affordable.
There also is a chance it is a fully philanthropic purchase where community members are not putting up money and instead any proceeds get reinvested into the community, which would raise questions about whether the CIV board would stay a for-profit entity. A Metra train travels along 71st Street in Chicago’s South Shore neighborhood on June 8, 2023. A string of anticipated developments have some residents optimistic and others fearing gentrification.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
South Shore center celebrates Father’s Day with free beard trimsA South Shore event center is celebrating Father’s Day by hosting a free beard trim in hopes of raising $20,000 for nonprofit No Matter What.
Leer más »
Blinken supports efforts toward 'mature' China-South Korea ties, South Korea's foreign ministry saysU.S. Secretary of State Antony Blinken said he supports South Korea's efforts to develop a 'healthy and mature' cooperative relationship with China, South Korea's foreign ministry said on Saturday.
Leer más »
Police chase on Lake Shore Drive, I-55 ends in 2 arrestsTwo people are in custody after leading Illinois State Police on a chase down DuSable Lake Shore Drive and I-55 on Friday morning.
Leer más »
Jersey Shore town hikes fee to store boats on beach by 400%Critics say the Monmouth County borough’s new fees for catamarans could unfairly limit public beach access.
Leer más »
Busy weekend at the Jersey shore expected to test new rulesWith schools out for summer and a long weekend for many, some will experience the new rules in some of these shore towns for the first time.
Leer más »