Curbed takes a look at six piping hot real estate markets in the U.S. to gauge how retail, restaurants, residential, and redevelopment are curated and intertwined by real estate developers. The cities profiled include Detroit, Austin, San Francisco, Los Angeles, and New York. The questions seeking answers include what does it all that development and progress mean for the people living on the ground in the neighborhoods?
When a major residential project rises, who suffers? When a tax incentive is granted, who benefits? When occupied land is redeveloped, how do city dwellers reconcile the pressure for economic growth with the need to safeguard vulnerable communities?
As a regular reader of Eater or Curbed, you may be wondering who gets to decide the target audience for these real estate megaplexes: Which retail and restaurant tenants get in? How much do they pay? What kind of economic incentives do they benefit from? And what’s the special sauce that actually makes a viable, dynamic, livable neighborhood?Read More