

|
|
By geography, North East Central Durham should have greater value, which suggests that image and reputation currently limit the neighborhood’s opportunities. To be successful, however, the Revitalization Plan must become self-sustaining. It must create enough value so that market forces will maintain the current investment, attract new investment and draw people with other choices into the community. Higher quality housing and amenities will begin to alter local perceptions and create this necessary value. New construction must enhance the value of the surrounding area so that current owners will be motivated to upgrade their properties. Necessary amenities include accessible, well-maintained parks and economically sustainable neighborhood retail.
The revitalization effort must also ensure that current residents benefit from the improvement in the neighborhood. When combined with skill training and a supportive services program, the physical development efforts can provide both job opportunities and new homeownership opportunities for current residents. Finally, the enhanced living environment resulting from the development of quality housing and amenities in a secure environment will benefit homeowners and renters alike.
|
|
|