PLAN233 Lecture Notes - Lecture 10: Externality, Gentrification, Freshco
Document Summary
Externalities: by-products of production or consumption of good/service (positive or negative, produced and experienced by individuals and populations. Externalities and value: positive, clean and unpolluted public space, safe community, green space, access to amenities, quality housing, new exciting aesthetically pleasing design. Gentrification: renewal/redevelopment/revitalization in low-income neighborhoods that make the area no longer affordable to original low-income residents, multi-factorial process, affordable land for development, socially excluded populations, lack of affordable housing, desire for externalities of mixed-use communities, branding of neighborhoods. Increasing social polarization: no longer segregating disadvantaged population in the city through housing projects, current planning practices, complete communities, mixed residential density. Increase social diversity (race/ethnicity, income, other identities) vs. homogeneous communities. Justifying social mix: era i (1960s-70s, reduced social polarization. Increased safety and eyes on the street": support for social change/justice, era 2 (1990s-onwards, anti-sprawl and suburbs, sustainability and smart growth, depicting livable cities.