Researcher Marcos Feldman presented his dissertation research at a breakfast sponsored by the Center for Corporate Social Responsibility. His talk “Gentrification Mitigation Strategies and the Impact of Private Investment” gave an overview of gentrification, the Miami context for understanding it, and addressed the challenges for “mitigating” gentrification and highlighted approaches for doing so. Much later than older cities like New York and Chicago, Miami’s inner city began experience gentrification since the 1980’s.
Mr. Feldman’s research finds that since gentrification and wholesale displacement of low-income residents does not create truly mixed-income communities but merely inverts the existing class structure of our metropolitan areas, it does not do enough to change our fiscally and ecologically unsustainable suburban sprawl model of urban development. In this way, gentrification is socially, ecologically and economically unsustainable.
