I saw this happen as Remington gentrified. I lived there for a number of years and there were a lot families that couldn’t afford the rising property taxes as their home values increased. Often times they had to sell houses they didn’t want to sell and leave a neighborhood they didn’t want to leave. It was even worse if you were a longtime renter. Landlords sold a lot of the homes for development or redevelopment.

You can’t argue with the result though, as Remington did a 180. Whether or not it was worth it probably depends on whether you lost your house or benefited from the new development. Definitely pros and cons for each side of it.