Growth In Humboldt Park Sparks Discussions Of Gentrification « CBS Chicago

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CHICAGO (CBS) — A decaying constructing could also be an eyesore for some. It’s about to be demolished.

However not everybody desires the neighborhood to alter.

CBS 2’s Vince Gerasole has the story.

It’s an growing old, one-time homeless shelter in Humboldt Park. On its inspection final yr, data indicated house owners “failed to keep up the outside partitions” and “unfastened or rotting boards.”

Builders now need to tear it down and substitute it with a 4 story, three-unit upscale rental, not not like the various others going up within the surrounding blocks.

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“I believe there must be extra compelling causes to supply housing in Chicago than merely making a revenue,” stated Christian Diaz of the Logan Sq. Neighborhood Affiliation.

“These neighborhoods are altering very quick,” added Diaz.

It’s one other instance, in keeping with housing advocates like Diaz, that larger costs and property taxes will pressure folks out.

“These are monuments to the displacement of working class households in Chicago and it’s a painful actuality for us,” stated Diaz.

Again in 2010, the typical worth for a house within the space was about $175,000. Eight years later it has climbed to $467,000.

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“It’s wonderful how issues go from one excessive to the opposite,” stated Tony Barajas sitting on the steps of his childhood residence. “The neighborhood has modified for one of the best,” stated Barajas.

He seems to be out on a blended panorama of development and expensive newer houses within the shadow of the favored 606 Path. He hopes to promote and stay right here.

“It was dangerous 20 years in the past with the gang infestation. Now it’s a quiet good neighborhood,” stated Barajas.

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Sarcastically artwork imitates life in City Theater’s unique work “Not for Sale” in regards to the fast adjustments across the nook. It debuts in Humboldt Park Friday with a name to motion.

“It’s been happening for years. What’s our accountability as residents of Humboldt Park or any neighborhood that’s being gentrified,” stated Ivan Andres Vega of the City Theater Firm.

Someway shining a lightweight on the various sides of a constructing slated for demolition.

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