By developing partnerships with the development and real estate companies, and facilitating private sector interaction with government agencies and the community, a local development corporation can reinvigorate a neighborhood. Abandonment and blight can be the harbingers of opportunity.
How/why is this a success?
With an emphasis on lifestyle and a respect for its past, Franklin Square has become a model of successful urban revitalization. This model is now being applied to other development districts, including Armory Square, a thriving historic district now home to a dynamic mix of retail shops, office space, and entertainment venues, in a mix of both revitalized and new buildings.