News

Durham, development and gentrification

Worth your time today: an interesting long-read in the News & Observer about Durham’s boom – and whether minority-owned businesses have benefited.

(Spoiler: It does not appear that they have.)

From the piece:

Pre-revitalization, in 2004, just 5 percent of downtown businesses were minority-owned. That’s 42 of 824 businesses at the time. As the city center was redeveloped, instead of increasing, that number dropped. Just 3.5 percent of downtown businesses were minority-owned a decade later. That’s 39 minority-owned businesses of 1,116. This year looked better, with a growing number of minority-owned businesses, including start-ups.

Thompson said that it’s harder to track minority business ownership demographics after a change in state law, but that there are many more in 2018, including dozens at American Underground, the start-up hub. Wanting to attract and retain diverse business ownership as it grows is not exclusive to Durham.

“This is not a concern just unique to Durham, not just unique to downtown. All communities that are growing are dealing with this,” she said. “We’re not unique, not behind, not doing a poor job — nor leading the band,”  [Head of Downtown Durham, Inc. Nicole] Thompson said.

As people continue to flock to the Triangle — and to Durham specifically as the “it” city — the piece gives an interesting overview of what that means for the character of the city, what sort of businesses and residential development are proliferating and how the city got to this point.

Make time to read the whole thing.

Check Also

To concede or not concede? Wade reaction to loss echoes history

When Michael Garrett upset State Senator Trudy Wade ...

Top Stories from NCPW

  • News
  • Commentary

As LGBTQ state employees and dependents struggle to restore State Health Plan coverage for transgend [...]

About a quarter-mile off NC 177 in Richmond County, just north of Hamlet, skeletons of buildings gou [...]

The North Carolina courts have a lot to celebrate after Tuesday night – voter turnout in statewide j [...]

While Congressional and General Assembly races got most of the election headlines this week, history [...]

The 2018 election may finally be in the rear view mirror, but for better or worse, the next battle o [...]

The first thing Gov. Roy Cooper did after he reported for work on Wednesday, Nov. 7, was to order up [...]

The post The GOP’s Supermajority appeared first on NC Policy Watch. [...]

Ever been to a funeral where no one had anything nice to say about the dearly departed? That’s the f [...]