Residential Investment in Centers
Phase I and II Final Report

Residential Investment in Centers

Product No.: 04011
Date Published: 01/2004

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This report offers a comprehensive overview of the region's patterns of residential investment since 1990. Several data sources are documented and mapped including building permit trends, HMDA (Home Mortgage Disclosure Act) data, and several cost of housing variables. Phase I goes on to analyze these data findings, compare other similar regions' residential statistics and then covers barriers to developing and redeveloping housing in core communities, older boroughs and cities. Developer interviews and County Questionnaire results provide insight into these implementation barriers, providing a foundation for Phase II of the report. The second phase dissects these perceived and real barriers through a closer look, including six case studies of successful residential products in such communities and how the developers overcame the barriers introduced in Phase I. The report concludes with several policy recommendations to encourage future development successes in older boroughs and core cities of the Region.

Geographic Area Covered: Pennsylvania Counties: Bucks, Delaware, Montgomery, Chester & Philadelphia New Jersey Counties: Burlington Camden, Mercer, Gloucester

Key Words: Residential Development, Housing, Housing Trends, Building Permits, HMDA Data, First Generation Suburbs, Older Boroughs, Urban Revitalization

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