Will Trump’s ‘Opportunity Zone’ tax break help residents along North Broad — or push them out?
Source: http://www.philly.com/real-estate/housing/opportunity-zones-trump-philadelphia-north-broad-investment-gentrification-20181214.html The stretch of Broad Street from Susquehanna to Allegheny Avenue is just one mile long — approximately a dozen blocks of North Philadelphia asphalt punctuated by gas stations, fast-food drive-thrus, and crumbling homes. It’s an expanse that Shalimar Thomas, executive director of the nonprofit The North Broad Renaissance, sees as one of the [...]
Renewed corridor: Economic opportunities developing along North Broad
Source: http://www.phillytrib.com/news/local_news/renewed-corridor-economic-opportunities-developing-along-north-broad/article_5c2fa363-5189-562f-9ee2-5f0c134f4f64.html Thirty-four developments are under construction, completed or proposed for the North Broad Street corridor between City Hall and Germantown Avenue. The projects include the $56 million renovation of The Met Philadelphia into the state of the art entertainment venue, the redevelopment of the historic Lorraine Divine Hotel, $25 million renovation of the former [...]