Published: 5/26/2019 12:05:19 AM Where next for Concord’s downtown? Will it, after the success of the Main Street redesign and restoration project, develop willy-nilly or is there a plan to guide its future? It’s a question Concord resident and community activist Jayme Simões asked recently in a letter to the editor. Our answer? If there is one, we haven’t seen it.As has happened in thriving towns and cities across America, downtown Concord is gentrifying. Young professionals compete with downsizing baby boomers for housing within walking distance of shops, restaurants and other amenities. Older homes with good bones have been and still are being converted to condominiums with price tags starting at about $300,000. Older housing stock, like the eight homes on Warren Street Simões referred to in his letter, are being demolished to make way for new housing units with higher rents.The upscale redevelopment is a tribute to the success of the Main Street project and a good economy. It’s good for the tax base and puts people with money to spend downtown. We have been unable to find an accurate count but believe 200 to 300 affordable housing units have been replaced by market rate lodgings in recent years…. Read full this story
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