By Donald Sizemore College Town currently serves as the epicenter of Florida State University’s social life in Tallahassee. Yet, this vibrant mixed-use commercial and residential area--skirting the southern border of FSU, three blocks from Florida A&M University, and just a quarter mile from FSU’s football stadium--did not exist in 2010. Instead, the area was a … Continue reading Infrastructure critical to urban redevelopment
Gentrification in Frenchtown: A Nuanced Perspective
By Jordan Greer Gentrification has been contentious since British sociologist Ruth Rich coined the word in the 1960s. Rich used the term to describe the process of wealthy citizens, landlords, and developers moving into British working class neighborhoods and renovating the area. This process of redevelopment, she argued, drove up the costs of housing and … Continue reading Gentrification in Frenchtown: A Nuanced Perspective
New Study Examines Spillover Effects of Real Estate Owned Properties
Since the housing market collapse, banks have repossessed large numbers of homes. These REO or real estate owned properties are often vacant and rundown and can lower the values of nearby residences. While research confirms this spillover effect of REOs on other properties, few studies have evaluated its relative magnitude in different neighborhoods. DeVoe Moore … Continue reading New Study Examines Spillover Effects of Real Estate Owned Properties