Cultural preservation and evolution is the right mix in addressing gentrification. However, when the people in the community aren’t participating in the economic opportunities, it’s almost impossible to expect outside investors to preserve the fabric of the community. In this episode of the Let Us Prosper series, I share how we need to reverse gentrification by moving back into the community and owning assets along the commercial corridor.
Gentrification requires a balance between evolution and cultural preservation. Our communities need reinvestment, but we need to capitalize on the opportunities and also ask for community benefits from big developers.