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Neighborhood Gentrification

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Extended Essay

Geography

“To What Extent is Gentrification Present in the Liberty Village Neighborhood of Toronto?”

Gabrielle Lachman: Candidate Number
Supervisor: Ms. Hebdon
Session:
Word Count: 3,707
Citation Style: MLA

Abstract
This investigation explores gentrification within the Trinity-Spadina Ward of Toronto. The research question of ‘To what extent is gentrification present in the Liberty Village neighborhood of Toronto?’ largely focuses on redevelopment, land use and population demographics. Based on the comparison of four indicators between Ward 20 and the City of Toronto, it was hypothesised that gentrification is a prominent agent of change in the Liberty Village neighborhood.
Property value, overall wealth, education …show more content…

The large, inexpensive buildings were transformed into creative spaces and studios for the artists and the revitalization of Liberty Village began. The low rent attracted artists who wanted to spend more time on art and less time earning money. Toronto business owners noticed the development in the area and purchased property- confident that in the near future the value would dramatically increase- therefore yielding a profit. In the early 2000s, large scale development began and residents of the warehouses were evicted in order to renovate the warehouses and generate condos. This marked the transition of the land use of the Liberty Village area from industrial to residential.
The Liberty Village neighborhood of Toronto has undoubtedly experienced dramatic transformation over the past century, as it shifted from a lively industrial quarter, to a deserted district, to an energetic residential area. This diversification is indisputably worthy of study as it not only effected Ward 20, but also the entirety of the City of Toronto. The area of focus was narrowed to the Trinity-Spadina ward because it was necessary to taper the scope in order to compare the zone with Toronto as a …show more content…

Gentrification has a positive effect on a community in the sense that it ameliorates the local economy. In lower income neighborhoods, the expansion of businesses and creation of jobs is limited by the deficiency of monetary flow. However, as wealthier residents relocate to the area and invest money in the community, businesses develop. Overtime, this trend continues and results in economic development as well as more jobs, which benefits the community. Secondly, the process of gentrification typically results in a lower crime rate. This is because gentrification involves the attainment of vacant properties in order to build new developments. Therefore there will be a decrease in vacant properties which typically attract crime. Additionally, an increase in population results in an increase in local government revenue from taxes which can be spent on law

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