toronto647
Active Member
Gentrification is inevitable when a new transit infrastructure comes into play... Just look at Eglinton LRT. Also Ontario Line which will gentrify Flemo and Thorncliffe Park slowly but surely. These folks living there will unfortunately need to pack up and move further away just cause land cost and rental cost will balloon up once the line is ready and investment comes pouring in.
A new LRT line is bringing redevelopment — and gentrification fears — to Jane and Finch
Jane Finch Mall is one of many sites up for redevelopment that will likely bring new housing. But local residents also fear they and mall tenants could be displaced.
www.thestar.com