Since we're talking about "South Looped"

I found this post over at the Sloop blog discussing gentrification. That's certainly what "South Looped" has become a synonym for here. From there I lift a definition of gentrification from Webster's Dictionary:

the process of renewal and rebuilding accompanying the influx of middle-class or affluent people into deteriorating areas that often displaces poorer residents

The South Loop blog has to come to grips with gentrification. The Sixth Ward blog is certainly in a different situation. Well in talking about issues of gentrification and development.

I suppose the difference between Chatham and the South Loop (or Sloop) is that at least there aren't vacant warehouses, industrial buildings or railyards here. There is already a vibrant community here with decent housing stock in addition to many longtime businesses that are already here.

Of course the debate during this past week may revolve around the perception that the community is going down. I hope not by much, but there certainly are some challenges at this present time. The question is how can we meet these challenges.

Is it done thru "gentrification"? Either way if there is to be a discussion of this issue of revitalization what is certainly needed is to come up with a plan that is best for Chatham.

BTW, I did say I was going to get away from that G-word didn't I?