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I grew up in Minneapolis and went to high school in downtown right off St. Anthony. I haven't lived there since 2006, but have been peripherally aware of the "r
by remarkEon 12y ago
I grew up in Minneapolis and went to high school in downtown right off St. Anthony. I haven't lived there since 2006, but have been peripherally aware of the "revival" going on in Minneapolis and how it's been just a little bit different than other types of urban gentrification you see in other cities (like Seattle, where I'm living now). Minneapolis has always been a "friendly" city, so to me it's no surprise that something like this has popped up. This seems to be an investment instance where incentives are aligned in the right ways - community buy-in is necessary for this to work.
The homeowners who are members know that the healthier the commercial corridor is, the more their homes are worth.
Indeed, and I hope this continues. I spent a lot of my childhood driving to rural Minnesota, Iowa, and South Dakota and doing those drives now can be depressing. The failure of community banking has left the towns dotting the 212 between Minneapolis and Watertown destitute. Curious if there's any way to adapt this model to rural areas that are faced with things like the forced-consolidation of school districts, among other issues.