Quote:
Originally Posted by GreenbyDesign
Are we noticing a trend now where _______ are been plucked out once the neighborhood they helped to revive, becomes a happening scene?
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Fixed that for you. And the answer is, of course, yes... but in this case, the food carts aren't what made this particular spot so appealing for development. The Pearl is pushing west. Northwest is pushing north and east. All of the land in between is becoming more valuable for developers.
Look at the bigger picture. What we're seeing with food carts isn't that different from what we're seeing with anything else in our neighborhoods.
Land becomes more valuable. Food carts get pushed out.
Retail spaces become more valuable. Neighborhood businesses get priced out.
Apartments become more valuable. Neighborhood residents get priced out.
...but what's the alternative? Keep our neighborhoods crappy to deter development? I really wish I had an answer for the rapidly escalating cost of everything related to land, retail and housing in Portland, but I don't.