1. Revitalization without Gentrification
Presented by: Derek Avery of COIR Holdings, LLC

2. What does revitalization without gentrification look like?
What is gentrification?
What does gentrification look like to me?
There is hope! Revitalization

3. What is gentrification?
the process of repairing and rebuilding homes and businesses in a deteriorating area (such as an urban neighborhood) accompanied by an influx of middle-class or affluent people and that often results in the displacement of earlier, usually poorer residents 
How did we get here?
History
inner city industrial structure shifting to a service oriented structure
individual demand
movement of capital
Process of gentrification
Disinvestment
Devaluation
Pioneering risk taker
Small Scale
Media attention
Large scale

4. How did we get here? Redlining: “residential security maps”
Zoning: Safety and NIMBY’s

5. Suburbanization
the general trend of city dwellers to move from the city into residential areas in ever-growing concentric circles away from the city's core. Suburbs developed their own shopping and service districts and bred their own distinct lifestyles.

6. Gentrification and Suburbanization

7. Gentrification and Suburbanization

8. Gentrification and Suburbanization
How different could the outcomes have been for my neighbors had development patterns been focused on people?

9. There is Hope! Revitalization
We have to do it ourselves locally
Make affordable housing legal
Take care of property taxes
Be a hero in your own town!

10. Southern Dallas Compared
South Dallas/Fair Park
1.8 miles from The Texas state fairgrounds
2.1 miles from Downtown Dallas
2.3 miles from the Dallas farmers market
Zip code: 75215
8.61 square miles = acres
Population= 14,648
Black Population = 84%
Housing units=7,539
Owner occupied= 2078 – 27%
Vacant= 1632
Black owned= 1, %
Median income=$16,043
Zip Code: 75210
2.41 square miles = 1,542.4 acres
Population= 7,482
Black population = 81.3%
Housing units=3,344
Owner occupied= 778 – 23%
Vacant= 664
Black owned= 686 – 20%
Median income= $15,058
Knox- Henderson
3.9 Miles to downtown
Zip code: 75205
4.35 square miles = 2,784 acres
Population= 23,061
Black Population = 1.5%
Housing units= 9,985
Owner occupied= 5,512 – 55%
Vacant= 969
Black owned= %
Median income= $73,153
Bishop Arts District
3.0 Miles to downtown
Zip code: 75208
5.94 square miles = 3,801.6 acres
Population= 35,800
Black population = 4%
Housing units= 10,853
Owner occupied= 5,503 – 50%
Vacant= 1,046
Black owned= %
Median income= $35,135
*Source data from zipwho.com and usboundary.com

11. COIR Development Theory
Definition: The process of meeting a community’s needs through real estate development and collective action.
Maslow’s hierarchy of needs
Physiological needs
Safety needs
Love and belonging needs
Self-Esteem
Self-actualization
**Include a reference for Maslow’s Hierarchy as well as the graphic

12. COIR Holdings, LLC
Mission: To deliver net-zero energy capable residential and commercial products to aid in community and economic development by providing sustainable housing at a value while training and employing a local work force to build our product in communities we serve.
COIR Values
1. Financial profitability
2. Environmental responsibility
3. Positive social impact
4. Inter-generational influence
5. Spiritual alignment

13. Revitalization Without Gentrification

14. Commit to one action to engage your town!