Event details:
Every community has unique dynamics shaped by its current residents, businesses, and physical environment. Transportation improvements can unlock a wealth of opportunities for residents, granting them access to a broader range of job prospects, services, and amenities. However, new developments attracted by the improvements can disrupt the character of a community, both positively and negatively. The arrival of new residents can influence the social fabric. Rising property values lead to higher rents and taxes. Consequently, vulnerable neighborhoods may become susceptible to the displacement of existing residents and businesses.
This Chautauqua will delve into these complex issues by examining four communities in the Chicago region to understand how major transportation improvements impact their fundamental land economics, demographics, and commercial activity.
We will hear from community and city leaders to learn how they are tackling issues such as authenticity of place, displacement, and gentrification. We will discuss ways to preserve community character and safeguard local needs while fostering transportation enhancements and managing the impacts of new development. In this forum, we seek to hear not only the success stories but also understand the challenges. Our goal is to leverage our diverse professional perspectives to gain insights that participants will incorporate into their future work.