How soon you forget
If it wasn’t for the
financial crisis of 5 years ago, there would be an upscale housing and retail
community built alongside PPL Park today on the river front. The average price
of homes were estimated to be in the mid-$200,000s. And they would have sold
out. (Go down to Highland Ave and Seaport Drive to see a sign on that corner
with an artist’s rendition of that proposed community).
Only because the banks
stopped lending money for big development did that community not get built.
Somehow, through creative financing, they did manage to get the stadium built.
There’s a good chance
that the upscale housing and retail shops will make its way to the riverfront
in the next 10 years provided the banks start acting right by then. (Another
reason why the Pileggi bill for KOZ extensions is good for Chester).
Chester’s $200,000
renters
Chester already has an
upscale neighborhood where 23 year olds
have paid nearly $200,000 to live in Chester for four years. Unfortunately, they are not permanent
residents or home owners and we can’t collect tax dollars from them.
These young people
live in the most beautiful area of Chester where there is 24/7 security, their
own police force, constant camera surveillance on nearly every inch of their ‘hood,
with plenty of retail and entertainment options to suit their needs.
The so called bad
people of Chester dare not venture into their space because they know the risk
is too great.
That place is called
Widener University.
Downtown
So why can’t downtown
Chester be converted into an upscale community?
The only reason we don’t
have more desirable residents with money living in Chester is because we haven’t
built them a desirable place to live.
You know they’re
coming with their own security force, cameras, and gates. Just like Widener’s
campus, ain’t nobody going to bother them when they build homes in their community.
They’re coming whether
you like it or not
If we don’t plan to
bring in a higher income, home owning, tax paying resident, they will come in
ways that may not be so pleasant.
Here’s a likely
scenario…
Imagine our broke
federal government being forced to cut more funding. As always, they cut funds from the poor first.
Let’s imagine that
they decide that they will no longer support public housing. The Chester Housing
Authority’s funds will be cut so much that they can’t afford to keep the spacious
land mass that the Bennett Homes sits on.
The housing authority
sells the land to a private developer for a nice price in order to keep the
other public housing projects alive.
Now, a high end gated
community is built for well-to-do folks and a bunch of poor people from the Bennett are kicked
to the curb.
That would not be a
pretty situation.
Fail to Plan or keep
the same failed plan
Chester has a lot of
space to start attracting high income residents. It will not affect the current
population at all. We can all live together in a mixed income city.
High income families
that would be attracted to Chester would be young professionals, single, or
married with young kids. They can afford private schools. They don’t mind
taking a small safety risk in order to live comfortably and affordably compared
to a center city Philadelphia.
At least in Chester,
we have the ability to gate a community. In Philly, young professionals
renovate neighborhoods and move right next to the crack house in hopes that the
rest of the neighborhood continues to thrive.
As Mayor Butler and
John Linder are always saying --- ‘There are some bad elements in Chester but
most of the people are good, hardworking, family people.’
Let’s attract some
more good people to Chester.
I'm sorry I just found you Stefan and I love this site. You"re doing a great job of keeping me informed of community news. I had started saving money anticipating those homes being built one day and I would be financially ready. I was wondering why I never heard anything else about it but I'll just keep hoping and saving or probably end my days somewhere in the south instead.
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