ipl-logo

Regent Park Employment Plan Essay

429 Words2 Pages

The Toronto Regent Park area is known for being a culturally diverse, yet highly impoverished and socio-economically divided are. The Regent Park revitalization project is a large opportunity for Toronto Community Housing to recreate the area to become a vibrant, mixed income community.

The project will be support the infrastructure/economy as well. The addition of commercial areas will increase employment rates and possibly remove a percentage of the citizens from the poverty line. The Regent Park Employment Plan and TCHC provide connections to jobs available through Regent Park revitalization, city-wide initiatives, and wider labour market opportunities. Revitalized Regent Park creates a wider job market, furthermore being more economically …show more content…

Revitalization promotes it by decreasing the socio-economic gap between communities because of housing and employment possibilities, encouraging less isolation and motivating more socialization. The large community and housing is also more encouraging to immigrants looking for a …show more content…

As previously stated, the project is vital to creating a mixed income community/providing for the lower income. With 65% of the population in old Regent Park living below the poverty line, the revitalization helps by offering over 200 affordable rentals and over 2000 RGI units. It also creates a range of housing opportunities, building a mix of condos, townhouses and low and high rise buildings. In addition to housing, more employment opportunities are offered as well as a part of adding more commercial/retail space to the area. Larger commercial space makes for easier access to basic needs, thus enhancing quality of life and encouraging more citizens to move to the area. As a result, the Regent Park area becomes a more livable, mixed income community as it provides the shopping, employment and other services for everyone in the area.

An argument against revitalization may be that the cost of approximately $1 billion is far too high, however for a twelve year project, it proves to be more economically stable. The addition of commercial areas creates more production of goods and services, and is furthermore beneficial to Toronto’s economy as well as being financially beneficial for the residents . To conclude, the Regent Park revitalization is a great opportunity to create a large cultural, social, mixed income society and enhance

Show More
Related
210 Words | 1 Pages

And the revenue gained from the center can be used to fund things that the city actually needs to help it finally

Read More
615 Words | 3 Pages

However, what is happening now in Yonkers is the reverse effect. This decrease in value can be attributed to the current state of Getty Square and the homeless. Yet, this statistic will not last forever. In fact, the fervor the Mayor has for this project will ultimately force him to make a critical decision: continue to rebuild Yonkers while still maintaining a place for the homeless, or get rid of them in order to increase rent

Read More
1321 Words | 6 Pages

Figure 3 showcases this diverse change. During Pyrmont’s establishment this harbor was bustling with ships filled with cargo, smoke and men bustling around with workloads in trucks and carriages. Yet, it is now a trendy suburb where people with money live, 15 million apartments, leisure and corporate businesses, all making up a perfect city landscape as seen in figure 5. Large-scale infrastructure and property redevelopment has transformed Pyrmont into a desirable inner city residential suburb. It is expected to result in the residential population reaching 20,000 by

Read More
679 Words | 3 Pages

Public housing becomes more boldly designed and integrated into communities, mixing subsidized and non-subsidized units. Increased partnership with non-profit agencies also started around this time. The 1970s: Focus on Social

Read More
685 Words | 3 Pages

This means that the plan for redevelopment is to construct new stores and offices, so the surrounding neighborhood can have a good benefit.

Read More
1841 Words | 8 Pages

There has to be a realistic solution that can be put into motion to benefit everyone involved. Referring again to his article “Is Gentrification All Bad?” Davidson argues that urban renewal, if done right, is not a monstrous custom that it is painted to be; nevertheless, he reasons that gentrification depends on who does it, how they do it, and why they do it. As a resident in New York, a city where gentrification is as widespread as the common cold in winter, Davidson speculates that those who go into a neighborhood with the intention to renovate houses, or abandoned buildings ought to have a good reason for it. The author points out that “Gentrification does not have to be something that one group inflicts on another…” (Davidson 349), rather, he suggests that everyone, the gentrifiers and the locals, be on the same page when it comes to developing their

Read More
692 Words | 3 Pages

In order for this to happen, leaders and citizens must collaborate and design a sustainable kickstarter gentrification project. The project should involve funding from local community residents, and anyone who wishes to see a new and improved Detroit. Once funding goals are met, the creator and team behind the project can hire top architects, developers and city planners to design a state of art business district that includes vibrant restaurants, entertainment and extensive public transportation. With these facilities in place, residential opportunities will become a hot commodity. Modern homes will be built and reform will occur in schools.

Read More
232 Words | 1 Pages

They claim these initiatives stimulate economic growth and create new jobs. Ultimately, it is argued, the costs to the taxpayers are outweighed by the benefits. Cities that buy into these claims tend to make these initiatives the main focus of downtown revitalisation

Read More
563 Words | 3 Pages

I always had high hopes for my community and my people but never did it cross my mind that the area I came to know and love would be stolen right out of my hands. I want people to understand that gentrification won’t unite our city, it will only divide us more. As a small business owner, I take pride in helping my community, but as time goes on I notice the community I have known and loved began to change. I have seen my neighbors moving out and throwing away their dreams of being able to expand their businesses.

Read More
451 Words | 2 Pages

From this, it makes those who wish to develop these urban areas make their investments worthwhile, for an ever increasing generation of capital. Other than the economic sphere of the downsides

Read More
1517 Words | 7 Pages

Maintain status quo. According to a survey of mayors, most of them expressed desire for higher housing values. For them, the ideal neighborhood is “older areas that have maintained housing values.” In light with economic imperatives and logic, mayors need to prioritize economic growth.

Read More
1145 Words | 5 Pages

In this speech, I will begin by explaining what gentrification is along with a short background on the Lincoln Park gentrification, then I will proceed to explain how the families in these areas fought for their homes, and finally I will be discussing the gentrification that is affecting citizens of Chicago today. Body I. Gentrification is the process of renovating an area to meet the standards of a different social class, typically the upper middle class. Throughout this process the price of renting and owning a home increases while family owned businesses become bankrupt. Low-income families are left homeless and without the support of a

Read More
1679 Words | 7 Pages

Despite the attractiveness and propitious of Toronto, it has also exacerbated social polarization as a result of globalization; reflected by containing the largest financial hub in Canada, the grossly spanning condo scene, and gentrifying

Read More
502 Words | 3 Pages

Gentrification is the process of renovating and improving a house or district so that it conforms to middle-class taste. Real Estate investors usually take low-income places that they feel have a chance to prosper economically, and turn them into areas that attract the middle and upper class workers. In doing so they feel like the low-income areas will be safer and more appealing, attracting more people to visit and live there. An improvement to a poor district sounds beautiful, but is gentrification as great as it’s sought out to be? Many residents have their doubts about gentrification due to the idea that the costs of their living will go up and they will be driven out of their neighborhoods.

Read More
1285 Words | 6 Pages

In terms of the advantages of the development of country park as housing purpose, a large group of Hong Kong people can be benefited from the development (i.e. wide coverage) as developing country parks can increase the housing supply in Hong Kong. According to the Hong Kong Housing Authority, as at December 2016, there are around 148000 general applicants for Public Rental Housing and the average waiting time is 4.7 years. This shows that a large amount of people are suffering from the housing problem and the high land rent. According to Charles Chan, the managing director of Savills Valuation and Professional Services stated that using just a few percent of the country park land is enough for 10 years of housing supply. This shows that developing country parks can significantly increase the housing supply of Hong Kong in the long run, shortened the waiting time and can alleviate the housing problem in

Read More

More about Regent Park Employment Plan Essay

Related Topics

Open Document