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Originally Posted by Milksteak
Any theories on when/where the gentrification will stop or significantly slow down in Kensington/North Philly? Every CDR submission seems to have multiple proposals that are creeping further and further north and west, and further from the El....it seems like it's been steadily spreading for a decade. Great to see the revitalization, I'm wondering when it will eventually reach a breaking point as it seems like easy commuting into cc is becoming more difficult, and amenities aren't necessarily keeping up with the spread of new housing. Does it keep following the El or does it continue to fill in the gaps between the El and Broad Street line?
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Is Kensington technically considered true gentrification at this point? Unlike Point Breeze and North Philly, a majority of Kensington's development is happening on abandoned/empty land, and recent studies from (i believe it was) Pew Charitable Trust said displacement of locals in Kensington has been minimal compared to other areas, especially once factoring in the amount of mixed income housing the neighborhood has prioritized as revitalization occurs.
As for the development trends, it's definitely following the subway lines northward but also starting to spread east of Temple and north of NoLibs. Also, creeping down the riverwards into Port Richmond. But like you said, I think there's a breaking point on some of that development as Port Richmond and the area between Temple and Norris Square isn't accessible via subway. Same is true with Strawberry Mansion though. But to offset that, the development opportunity zones in combination with Trump tax cuts and 10 year tax abatements will continue to make those areas attractive for developers.