>  on May 20, Shawn Christenson wrote :  >>  ... I, too, live near the lock
and dam and, with yet another condo building going up outside my window, I
have unfortunately come to the conclusion that it isn't appreciation for the
river as a "wonderful natural amenity" but an appreciation for the property
taxes these high priced condos will bring to the City that the river serves
these days. ...  >> (
http://www.mnforum.org/pipermail/mpls/2004-May/032839.html )

.          [ds]  I doubt that the installation, or non-installation, of
Crown Hydro would have any impact on the downtown riverfront real estate
market. Likewise, I doubt if the removal, or non-removal, of the locks and
dams in Mpls would have much of an impact on the market. However, higher
real estate prices are paid for views of water, and removal of the dams
would probably reduce condo views of the river water. Removing the dams
would restore the river ecology to a much more natural state, but would
cause a lower and narrower river. Local condo owners and real estate
investers may be against the removal of the locks and dams for this reason.

I have no financial investment in riverfront real estate, and am disturbed
that some people would decide to be against the restoration of the river
just because it may raise nearby property values. My interest is in
improving an aesthetic and natural treasure for the sake of ecological
restoration and also for the enjoyment of all people rich and poor. I can
not afford to live on Lake Harriet, Lake Calhoun or Minnehaha Creek, but I
sure see a lot of low income people enjoying the public park lands on these
bodies of water.

I can appreciate Shawn's concerns that low and moderate income people may be
displaced by the current high priced downtown riverfront condo/loft market.
Different neighborhoods around the urban area go through real estate market
ups and downs for various reasons. Previous middle income areas have
transformed into low income areas, and conversely, other areas have changed
from low income into middle or upper income. Changes happen and take on a
life of their own, but we should still be concerned as to what extent public
policy has an effect on the process.

Many get concerned when a middle income area is changing into a low income
area, and there are calls for revitalization and redirection. Many get
concerned when a low income area is changing into a middle or upper income
area, and there are calls to stop gentrification and displacement of the
poor. I would sure like to think that there are ways to have livable,
friendly, sustainable mixed income neighborhoods. The twin cities is
reported to be one of the most, if not the most, segregated large urban
areas in the nation. Income segregation is closely related to racial
segregation. Is there public policy that can help to mix more low income
people into middle and upper income neighborhoods? And are there ways to mix
more middle income people into low income neighborhoods?

Dave Stack
Harrison

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