Year: 2022
Type: book-chapter
Abstract: Gentrifcation 1 is the intensifcation of urban change, through which the physical and social character of a neighborhood visibly alters, it becomes inhabited by higher social classes, and prices go up.This process, however, is not linear or inevitable, and its timing and duration are crucial.Even though it follows the cyclical rhythms of capitalism and is partly determined by their dynamics, we cannot directly predict from this connection when, how or even where specifc changes will take place, and whether a neighborhood's changes will be enduring or ephemeral.The new order, which ultimately unsettles and displaces old residents, emerges from contestations of political and architectural visions across various levels of the state, banks, investors, developers as well as residents.This chapter examines how the history of a large-scale redevelopment project intersects with the cyclical temporality of capitalism.On a more general level, it explores the role of time in what is arguably a paradigmatic case of state-led gentrifcation: the dramatic conversion of a once infamous area of social housing into a fashionable mixed-income neighborhood in Chicago.
Source: Routledge eBooks
Author: Judit Bodnar
Language: English
Subfield: Urban Studies
Field: Social Sciences
Domain: Social Sciences
Open Access status: hybrid
OpenAlex ID: W4306411876