Next neighborhoods to gentrify? (Long Beach, Pasadena: middle-class, real estate, lease)

[King0fthehill]

And why?

[bhcompy]

hawaiian gardens is in the middle of it right now.

The new Bingo club is going in where the old Home Base used to be. The lot has been unoccupied for 5-10 years. The current location next to the casino will probably be converted into restaurants I would imagine.

Because of the location, the southern portion of town will see even more attention from the city(which is already bursting its coffers from the casino revenue), from real estate investors(who have already done some stuff buying up the deep lots and neighboring lots and building houses and condos), and from homeowners happy from the increase in property value.

Many of the homes there are 40-50yr+ and remodelling has been going on for years. Increased police presence will help with the already cleaned up city. The city has been increasing community services as the money comes in from the Casino and existing Bingo club. Property values didn't really get hit that much in the crash and are actually fairly respectable when compared to east Lakewood, Artesia, and Norwalk which have some similar housing stock and demographics.

[Mike121]

LA/El Sereno 90032

It is the best compromise on price, homicide rate, and proximity to Downtown and Hollywood.

[the one]

ummm, im not sure about HG. when i think of gentrification i think of an urban hip place to live. where little cafes and boutiques sprout up. HG does not really fit that bill. dont know if it has that "charming" appeal.

i think it would be better characterized as a city rebuilding itself from within. it will develop itself into a thriving community, but i dont think that there will be much of a demographic shift culturally or racially. i think it will continue to be brown with some asian and black.

when i think of gentrification, it is characterized by an influx of white people. an influx of people earning higher incomes. an influx of gays. dont know if this has happened in HG yet. an influx of young people.

an area that has experienced this and will continue to experience this is eagle rock. colorado blvd is bustling with activity. more shops have opened. more people have rehabbed the area homes. its a more vibrant place now.

highland park was supposed to be the next hot spot. but the difference between these two adjoining communities is VIOLENCE. while a good amount of people moved into Hilnd Prk, the gangs and crime kept people more people away. old homes were refurbished, fig and the york area saw some new commerce, but the market did not take off like it should have and the neighborhood still has a bit of the same feeling as before.

i think this next go around in the real estate game might help both Hiland park and Eagle rock, but hiland park needs it more since Eagle rock has pretty much almost go there.

as for other areas or cities. i think huntington park will try to improve its image, but it will be similar to Hawaiin Gardens. it will be redevelopment from within, with a very similar demographic make up.

boyle heights has seen some development and an increase in non latino people, but folks are still weary about crossing the bridge into the east side. the changes in BH have been from people that moved away to school or for whatever reasons, and are now back to revitalize the area. the gold line will defintely push the revitalization (with a pinch of gentirification) along

i think most areas will see revitalization, and few will see actual gentrification...

[NaplesRes]

I guess you could argue it has already gentrified but downtown Long Beach would be my vote.

[King0fthehill]

If I were to go out on a limb and guess what neighborhoods are next are line to receive a new lease on life, or be destroyed at the hands of gentrification (depending on who you ask), it'd be:

The rest of the Koreatown/Hollywood/Downtown nexus-These areas naturally will continue gentrifying, seeing how they've been gentrified to a certain degree already. They also posses a rich and varied housing stock, offer good density and proximity to centers of interest (Hollywood & Highland, jobs in Downtown, etc). Lastly these areas are serviced rather well by Metro, with several Rapid Bus and Metro Rail lines crisscrossing the area (780, 757, 720, 714; Purple and Red Lines).

Areas such as MidCity and Boyle Heights/East LA which straddle new transit developments (The Expo Line and Gold Line extensions, respectively). As of late, the trend has shifted towards new, modern Transit oriented developments (TOD), as evident in Old Town Pasadena and NoHo/Studio City.

I'm guessing with the Expo Line, the city's interior would receive new investment as new locales (Arlington Park, Mid City, etc) are opened up and made more accessible, also USC students may begin to push Westward.....

On the Gold Line Extension 'hoods, we will probably see a few new condos/loft conversions centered around TOD's and most likely a spill over of hipsters/artists as DTLA rent soars in the years to come.

Hopefully we will see new dense,trendy,urban andwalkable locales emerge from these currently blighted neighborhoods.

[bhcompy]

Originally Posted by the one

ummm, im not sure about HG. when i think of gentrification i think of an urban hip place to live. where little cafes and boutiques sprout up. HG does not really fit that bill. dont know if it has that "charming" appeal.
.

gentrify
verb
renovate so as to make it conform to middle-class aspirations; "gentrify a row of old houses"; "gentrify the old center of town"

fits for me. for the past 5 years or so they've been getting rid of the bad/old and bringing in the new/good in HG, raising property values and lowering crime.

[the one]

we all know that a part of town isnt really gentrified till the gays move in.



i guess we all got different definitions.

per miriam web
Main Entry: gen·tri·fi·ca·tion
Pronunciation: \ˌjen-trə-fə-ˈkā-shən\
Function: noun
Date: 1964
: the process of renewal and rebuilding accompanying the influx of middle-class or affluent people into deteriorating areas that often displaces poorer residents

and from wikipedia (which provides a more organic and detailed description)

Gentrification, or urban gentrification, is the change in an urban area associated with the movement of more affluent individuals into a lower-class area.[2] The area experiences demographic shifts including an increase in the median income, a decline in proportion of racial minorities, and a reduction in household size.[3] More households with higher incomes result in increased real estate values with higher associated rent, home prices and property taxes. Industrial land use can decline with redevelopment bringing more commercial and residential use. Such changes often result in transformation of the neighborhood's character and culture.[4]

i doubt the racial makeup or other characteristics regarding the quality of life in HG will change much.

silver lake is a prime example of how a neighborhood can do a complete turn around.

i would still consider HG a revitalization project. i dont think the cultural makeup of the city will change much. it will be more economically stable, but the boutiques and shops and people that normally characterize gentrification might not be there. i could be wrong tho. time will tell.

[bhcompy]

well if you don't think HG fits that definition I don't know what to tell you.. fits it pretty spot on.

[Sorcerer68]

Gentrification almost came to a halt with the housing slump.

Echo Park started something great, it now needs to continue. There's an area up Echo Park Ave with some cool storefronts and cute houses that will do it soon.

Long Beach's East Arts District started and will gentrify more in the next few years. It's walkable, plenty of shops and galleries, gorgeous buildings and lots of gays who always start the gentrification. Artists always colonize it first.

Highland Park will be the next big one. It's just been declared (a huge chunk of town) an HPOZ (Historic Preservation Overlay Zone) which means no more stucco, aluminum windows, etc for contributing structures. They can't undo what's already been done but they can prevent it from being done in the future. This protected status will bring more people in. The location is also too good and there are some AWESOME houses and storefronts there awaiting love.

El Sereno will get it but not right away. It's already partially started. Homes are still really cheap there. They'll have a nice thing going.

East Hollywood has started...but it's RIPE for more. There are plenty of great homes, it's waiting to wake up. It's a large area and so far it's been slowly gentrifying in pockets like Thaitown.

Anywhere close to and south of Sunset and Vine will take off very soon. Bajillions of dollars are being poured into the area. I can't believe the transformation already.

Northwest Pasadena will clean up more. It was happening like Wildfire. Garfield Heights will go from kinda ratty to spotless in 10 years. The homes are too spectacular for it not to happen.