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Social Studies, 03.05.2021 04:00 babylibra

Lincoln Park is an area in Chicago that is being targeted for redevelopment. In the past it was considered a poor and dangerous area. Lincoln Park is within 6 city blocks
of one of Chicago's largest hospitals. Also nearby are several buildings that provide
office space to roughly 60 companies. Many local employees and government
officials have been asking for the area of Lincoln Park to be cleaned up. An
interested investor has recently taken ownership of a large portion of the run-down
homes in Lincoln Park and has gotten permission to build condominiums and put a
small mall in. His plans are to entice doctors, nurses, and nearby businessmen to live
in these condos as the area will be much nicer than before. What is the term that
best describes what is happening to Lincoln Park?

Demographics
Gentrification
Segregation
Urbanization

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