Goals for the Neighborhood

Encourage Investment / Reinvestment and Discourage Disinvestment

A broad goal for owners and tenants of residential, retail, and office properties in Arrowhead is to encourage investment in the neighborhood through new construction and through better occupancy of existing buildings and to encourage reinvestment through improvements that are made to existing real estate.

 

Disinvestment leads to declining rents and property values, which, over time, concentrate poverty, increase vacancies, and marginalize retail while curtailing other tax- and employment-generating business activity.

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Idea No. 11