GENTRIFICATION AND TRANSIT IN NORTHWEST CHICAGO
This paper attempts to confirm a previously proposed theory that the presence of transit results in the gentrification of inner-city, transit-served neighborhoods. The study uses data from northwest Chicago between 1975 and 1991. Changes in residential property values are used as indicators of gentrification. Findings show that properties closest to transit stations increased in value significantly more than those farther away, particularly in the period 1985-1991. Properties adjacent to transit stations had a 20% higher increase in value compared with those located a half-mile away, supporting the hypothesis that transit access was a spur to gentrification. Gentrification is also shown to have spread like a wave over time, moving away from Lake Michigan and downtown Chicago. Further analysis is needed to explore the interruption of the trend in property value growth during the period 1980-1985 and to extend the analysis into the 1990s when further growth took place.
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Availability:
- Find a library where document is available. Order URL: http://worldcat.org/issn/10461469
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Corporate Authors:
Transportation Research Forum
One Farragut Square South, Suite 500
Washington, DC United States 20006-4003 -
Authors:
- Lin, Jane
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0000-0001-9861-1974
- Publication Date: 2002
Language
- English
Media Info
- Features: Figures; References; Tables;
- Pagination: p. 175-191
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Serial:
- Journal of the Transportation Research Forum
- Volume: 56
- Issue Number: 4
- Publisher: Transportation Research Forum
- ISSN: 1046-1469
- Serial URL: https://trforum.org/journal-of-the-trf/
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Publication flags:
Open Access (libre)
Subject/Index Terms
- TRT Terms: Case studies; Hypothesis testing; Neighborhoods; Property values; Public transit; Rail transit stations; Residential areas
- Uncontrolled Terms: Gentrification
- Geographic Terms: Chicago (Illinois)
- Subject Areas: Data and Information Technology; Planning and Forecasting; Public Transportation;
Filing Info
- Accession Number: 00933998
- Record Type: Publication
- Report/Paper Numbers: HS-043 476
- Files: TRIS
- Created Date: Nov 14 2002 12:00AM