High Hopes For $38 Million Project In Pleasantville

Map of New Jersey highlighting Atlantic County (Photo credit: Wikipedia)

PLEASANTVILLE, N.J. – This down-on-its-luck stepsister town to neighboring Atlantic City has struggled economically for decades, languishing without a redevelopment plan or the ability to attract private investment.

But a $38 million project that includes two apartment buildings and retail space on a vacant Main Street block is expected to set the cornerstone for economic growth and expanded development in the Atlantic County city, according to Jacqueline Amado-Belton, economic development director for the City of Pleasantville.

“We feel like we have borne the brunt of a lot of issues that have spilled over from Atlantic City over the years,” Amado-Belton said. “In terms of perception and other factors, it’s been a struggle and a challenge to get to this point.”

The Pleasantville City Center, expected to be completed by next summer, will add 135 apartments and 18,000 square feet of retail space and will be bordered by Main Street, Washington Avenue, Milan Avenue, and South Second Street.

Read more at http://www.philly.com/philly/news/new_jersey/20141006_High_hopes_for__38_million_project_in_Pleasantville.html#ZlSiLKCqFZQAdj9H.99

Pittsburgh Suburbs Suffering Poverty At High Rate

Locator map of the Greater Pittsburgh metro area in the western part of the of . Red denotes the Pittsburgh Metropolitan Statistical Area, and yellow denotes the New Castle Micropolitan Statistical Area, which is included in the Pittsburgh-New Castle CSA. (Photo credit: Wikipedia)

Poverty is growing at a faster rate in the suburbs than in the cities, and the Pittsburgh area is ahead of the curve — but not in a good way.

Nationally, about 55 percent of the population living in poverty is outside of cities, but in Allegheny County, 61 percent of people living in poverty are in the suburbs, and the number rises to 79 percent when the Pittsburgh metropolitan statistical area is measured. That area includes Allegheny and its six surrounding counties.

Those numbers come from Elizabeth Kneebone, a fellow at the Brookings Institution in Washington, D.C., and co-author of “Confronting Suburban Poverty in America.”

Ms. Kneebone said suburban poverty has been growing since 2000 and became more significant than urban poverty even before the economic meltdown of 2008 and 2009. The recession exacerbated it.

Read more: http://www.post-gazette.com/local/region/2013/11/18/Suburbs-suffering-at-high-rate/stories/201311180136#ixzz2l1MynVBs

Study Confirms Poverty Hits The Suburbs, Too

Say poverty in the Philadelphia area, and it conjures images of North Philadelphia or Kensington, not the suburbs.

But the suburbs on both sides of the Delaware River are becoming steadily poorer, part of a national trend that confounds long-held beliefs that life is always better in greener pastures beyond urban limits.

“People have this cliched notion of poverty being based in the inner city,” said Adele LaTourette, director of the New Jersey Anti-Hunger Coalition, which has offices in Trenton and North Jersey.  “But it’s been moving into suburbia for some time.

“No one wants to think that their neighbors are becoming poor.”

Read more at http://www.philly.com/philly/news/local/20130520_Study_confirms_poverty_hits_the_suburbs__too.html#jtGAhiCISV3muuo1.99

Suburban Areas Becoming More Convenient, City-Like

English: Text that accompanies the ULI logo. (Photo credit: Wikipedia)

For the past two decades, suburban areas have been making a slow transition from car-dependent to people-oriented design, with more options for walking, cycling or public transportation, according to Urban Land Institute, a nonprofit research and education organization.

ULI recently published a report, “Shifting Suburbs: Reinventing Infrastructure for Compact Development,” detailing how this change is mostly driven by generation Y, who favor the convenience of urban-style living in more densely populated areas.

The U.S. population is expected to increase by 95 million in the next 30 years, and most of the growth will occur in suburban towns, which makes smart suburban land use essential to growth. But redeveloping these areas is harder in practice than in theory, according to the report.

Read more:   http://www.philly.com/philly/classifieds/real_estate/Suburban_areas_becoming_more_convenient_urban-like.html