Wednesday, March 21, 2007
Taking Out the Trash
Fortunately, we don't witness scenes like the one in the picture above in St. Louis. But we have enough of our own decay to keep redevelopers busy. When things hit rock bottom, whether in terms of abandoned buildings or vacant land, we need tools to repair the damage.
Assemblying sites for redevelopment in blighted areas is a key first step in the redevelopment process. Sometimes, eminent domain is the only option. The next time you hear someone critical of the use of eminent domain, think of vacant land or buildings in the middle of an abandoned neighborhood.