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Parcel-Level Redevelopment Strategies For Distressed Neighborhoods, Michael P. Johnson Jr., Justin Hollander
Parcel-Level Redevelopment Strategies For Distressed Neighborhoods, Michael P. Johnson Jr., Justin Hollander
Michael P. Johnson
Certain distressed neighborhoods cannot support traditional residential-focused development. For these communities, we develop decision models for acquisition and redevelopment of chronically vacant lands and structures for primarily non-residential and greening uses. We address social benefits and costs of redevelopment strategies, parcel clustering to exploit economies of scale, and conflicting values among stakeholders. We illustrate our models using data from Baltimore, MD.