Lably
Skip to content

Environmental gentrification

Type of urban transformation

  • 15 min read
  • 5 chapters

Related on Lably

Through Park, Garden and Urban area

Definition

Environmental gentrification is the process by which efforts to improve urban environments, such as enhancing green spaces or reducing pollution, increase property values and living costs, often displacing lower-income residents and attracting wealthier populations. The introduction of green spaces in urban areas has historically led to increases in property values, which can displace long-term residents. This process, referred to as environmental gentrification, occurs when low-income residents are priced out of their neighborhoods as a result of urban green space developments and the lack of housing development for additional people who wish to live in the area. Environmental gentrification is commonly understood as the process in which urban green space improvements lead to the displacement of lower-income communities, although the exact definition remains a topic of debate. Green gentrification is closely related to urban planning and climate mitigation efforts. Strategies such as installing shade structures, green walls, green roofs, and water features are often implemented to combat the urban heat island effect. However, these improvements can lead to higher property values and subsequent displacement. Studies have shown a correlation between the creation of urban green spaces and increases in housing prices when there is inadequate housing supply to meet local or regional demand. For instance, property prices around the High Line in New York City increased by 35% with the current renovations, while prices near Chicago's Bloomingdale Trail rose by 13.8% to 48.2% with the implementation of the newly constructed greenery.

Sign in to keep reading

4 more chapters are free with a Lably account.

More in Environment