Rejuvenating Areas (originally gentrifying Clusters) - suggestions from BillHK
(received by email)
- Mantua (but prices are already too high, and the opportunity now is more for developers rather than rehabbers)
- Parkside (from W Girard then up Parkside Ave all the way to 52nd St)
- Cobbs Creek (Mainly along 60th Street from Spruce to Arch, and along Market from the 60th St Station to the 63rd St Station, and then a bit around the Station along 63rd St). Although all the areas around Parks tend to get a bit of a boost and are already more expensive anyways.
- I like all of South Philly, but XXX doesn't have anything down there (even the one Grey's Ferry is priced way too high. Only 9% and it's a small and ugly looking duplex!)
- I think that you may be on to something with Wayne Junction, but there're not enough good retail shops there to really benefit from Gentrification yet. Therefore in that area, I would prefer to be closer to LaSalle U, than the train station. (I should really have bought that place across from the JW's)
- I think that the Feltonville commercial hub area has potential, but I need to investigate this more. Across from it, there has been some news about the Logan Triangle, and houses around there seem to be a bit higher priced than one would expect considering the history and recent usage of the Logan Triangle.