Draft:Penn-trification

Gentrification is a process where a low-income neighborhood in a city sees an influx of middle-class or affluent individuals who invest in renovating homes and businesses, often leading to higher property values and the displacement of long-time, typically less wealthy residents. Gentrification tends to be caused by a growing attraction to an area by people with high income, flowing over from nearby cities, towns, or neighborhoods.[1] Gentrified neighborhoods are centered north and south of Center City, Philadelphia. Though areas that have been gentrified were found throughout the city, the most heavily affected districts were closer to Center City and the Central business district.[2] Gentrifying neighborhoods in the city are economic growth generators, creating new high-quality positions at a faster rate than the city as a whole. This could provide an opportunity for workforce development programmes to educate and improve existing residents.[2] Penntrification is used to describe the gentrification performed by the University of Pennsylvania on the surrounding areas as a result of expansion and development on the university's campus. The university started off as a single building on Fourth and Arch Streets but expanded rapidly to include several hundreds of acres.[3] Penntrification allows Penn students to exist in a protected bubble, segregating university life from the rest of Philadelphia. The historical context of gentrification surrounding the University of Pennsylvania in West Philadelphia is rooted in a complex mix of urban decline, university expansion, and shifting demographic patterns. Penn's development initially concentrated on Locust Walk. By the 20th century, Penn had established itself as the most affluent institution in West Philadelphia, maintaining a strained connection with the community. Soon after, Penn moved west. This decision resulted in an incentive for real estate developers to construct housing for wealthier students.[4]

  1. ^ "Definition of GENTRIFICATION". www.merriam-webster.com. 21 September 2024.
  2. ^ a b Thomas, Dawn (27 May 2022). "Gentrification and Neighborhood Change in Philadelphia: Demographic and Labor Market Characteristics". Philadelphia Works.
  3. ^ "A Brief History of Penntrification". Penn Disorientation Guide. 26 August 2023.
  4. ^ "Penn's Complicated Relationship with Gentrification in West Philadelphia". www.34st.com.