How few cities are planning to revive neighborhood

Real Estate

The crumbling neighborhoods of English Avenue and Vine City stand in stark contrast to the bustling downtown area less than two miles away that has become a tourist magnet with such attractions as CNN Center and World of Coca-Cola.

But the neighborhoods — longtime home to a stable population of mostly minority, low-income residents — soon may get a piece of the prosperity nearby. A national downtown revival trend is bringing interest from more affluent groups, including investors, to intown Atlanta.

It’s a mostly welcome change but brings with it all the anxiety associated with gentrification.

“We’re seeing new people become interested in the community, and even though there has been a high rate of vacancy in the area, what you don’t want to see is displacement,” said Eloisa Klementich, president and CEO of Invest Atlanta. “We are doing all we can to keep our valued residents in the community. They should not be displaced, not on our watch.”

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