Gentrification: The Good, the Bad, and the Hipsters

Date/Time
Date(s) - 05/23/18
6:00 pm - 7:00 pm

Location
Chicago Council on Global Affairs

Hosted by
Chicago Council


 

Gentrification: The Good, the Bad, and the Hipsters

Chicago Council

Andrew Balster, Executive Director, ARCHEWORKS; Ghian Foreman , Executive Director, Greater Southwest Development Corporation; Marisa Novara, Vice President, Metropolitan Planning Council. Moderated by Taylor Marr, Senior Economist, Redfin.

Where do we stand on the now-familiar and paradoxical narrative surrounding gentrification? While high end development booms have pushed out locals and increased prices in neighborhoods like Pilsen, Brooklyn, and London’s Elephant and Castle, gentrification also provides new economic opportunities. And despite many pointing the finger at young creatives and professionals as drivers of gentrification—introducing a tsunami of overpriced coffee shops, condos, and corporate chains—new trends indicate that they are also being priced out. What are the long-term effects of gentrification on communities, and is urban revitalization possible without it? Are young people causing gentrification, or have they also been disproportionately affected by an unaffordable housing market, growing rent rates, and overpriced grocery stores?

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Andrew Balster

Executive Director, ARCHEWORKS

Andrew Balster is the executive director of ARCHEWORKS, operating in the fields of architecture, urbanism, public policy, sociology, and academia. Balster works closely with influential leaders in the public and private sector, and academia ranging from architects and planners to government officials and social activists. He has worked on projects that are broad in typology and scale, ranging from small civic centers to super-tall towers, and entire urban districts. Balster was a senior designer at Skidmore, Owings & Merrill (SOM) in Chicago on several award-winning projects located all over the globe. He received an MScAAD and an MArch from the University of Edinburgh in the UK.

 

Taylor Marr

 

Taylor Marr

Senior Economist, Redfin

Taylor Marr is a senior economist, data scientist, and visualization expert at Redfin, the tech-powered real estate brokerage. Marr analyzes and reports on trends in housing affordability, urban planning, and migration patterns in the United States. He also pays special attention to millennials and their living trends with a constant pulse on census data. Marr’s key research includes a compilation and analysis of national data on evictions, highlighting the scale of the issue and possible solutions. He also produces a quarterly analyses of US migration patterns based on an algorithm he built using Redfin.com user search data. Marr holds an MA in international and development economics from the University of Applied Sciences in Berlin, Germany and a BS from the University of South Dakota.

 

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