Denver is gentrifying — and this isn’t a recent trend, according to a new report. The metro area ranks in the top seven U.S. cities for gentrification over the past half-century.
“Displaced by Design” was published under the auspices of the Washington, D.C.-based National Community Reinvestment Coalition, a network representing more than 700 nonprofit community development and finance organizations. And while gentrification happens in many parts of the country, Bruce Mitchell, NCRC’s lead researcher and the author of the study, notes that Denver stands out among all of the areas he analyzed.
“Denver has been a consistent city that has appeared on the list since the 1970s,” Mitchell says. “When we look at Denver from the 1970s and 1980s, we find a downtown core area that’s undergone gentrification, and it’s spread outside that core since then. Gentrification has been particularly intensive in Denver over the long term.”…