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Poverty is moving out of the city center

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The number of high-poverty neighborhoods in Colorado Springs rose from six to 22 between 2000 and 2015, a study conducted by the U.S. Census and published by the Joint Center for Housing Studies of Harvard University has found. In the Springs, low-income neighborhoods used to occupy high- density urban areas , but, following a recent national trend , the study found that the city’s poor have increasingly dispersed into the city’s outer edges: fragmented neighborhoods with potentially limited access to public transportation or support programs. The study did not specify what outlying neighborhoods the growth has occurred in, but defined “high poverty” areas as those where 20 percent or more of the population lives below the federal poverty line . See image below . click to enlarge As more neighborhoods are becoming classified as high-poverty, individual families in Colorado Springs are experiencing noticeable financial struggles as well. According to a 2016 study by the Pew...

Meridian boom brings more retail, housing, people and challenges

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Bruce Chatterton moved to Meridian from Boise more than four years ago. The “room to grow” that is Meridian’s essence made him want to live and work there. Now the city’s community development director , Chatterton says it’s also been “fun seeing a small, somewhat quiet downtown become a place people want to hang out.” Meridian still has plenty of room to spread out, and that’s good, because its population is booming. It was the 13th-fastest-growing city in the U.S. last year. And it’s not just about Meridian. The growth is changing the whole Treasure Valley , affecting traffic, housing, health care, education and retail. The 2016 U.S. Census estimates put Meridian ’s population at nearly 96,000. The Community Planning Association of Southwest Idaho (Compass) estimates today ’s population at just more than 98,000. That’s a tenfold jump since 1990.   The growth seems unlikely to look to slow anytime soon, says Compass planner and demographics specialist Carl Miller , who lives in Meri...

The Howard Hughes' (HHC) CEO David Weinreb on Q2 2017 Results - Earnings Call Transcript

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The Howard Hughes Corporation (NYSE:HHC) Q2 2017 Earnings Conference Call August 8, 2017, 10:00 AM ET Executives David Striph - Executive Vice President , Investor Relations David Weinreb - Chief Executive Officer Grant Herlitz - President David O’Reilly - Chief Financial Officer Peter Riley - General Counsel Analysts Alexander Goldfarb - Sandler O’Neill Robert Majek - CJS Securities Will Randall - Citigroup Waheed Khorsand - BWS Financial Alex Barron - Housing Research Center Steve Shaw - Compass Point Operator Good morning. And welcome to The Howard Hughes Corporation Second Quarter 2017 Earnings Conference Call . All participants will be in a listen-only mode. [ Operator Instructions ] After today’s presentation, there will be an opportunity to ask questions. [ Operator Instructions ] Please note, this event is being recorded. I would now like to turn the conference over to David Striph, Executive Vice President , Investor Relations . Please go ahead. David Striph Good morning. A...