Gentrification
3 articles
A Legacy Business Owner's Guide to Surviving Gentrification
Legacy businesses face existential threats from gentrification, including rising rents and displacement. This guide offers strategies like commercial preservation, tenant protections, and community ownership to help owners adapt and thrive.
The Squeeze on Main Street: How Gentrification Challenges Legacy Businesses
Gentrification creates economic and demographic pressures that threaten legacy small businesses, but documented strategies like preservation programs and façade improvements offer pathways for adaptation and survival.
What Is a Business Improvement District? A Look at the Benefits and Backlash
Business Improvement Districts (BIDs) are hybrid public-private entities funded by compulsory assessments to enhance local commercial areas with supplemental services. While they aim to boost economies and improve public spaces, BIDs also face criticism regarding mandatory fees and potential displacement of businesses.