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A Wealth of Opportunity But For Whom?
Bloomberg Businessweek
|September 28, 2020
Over seven decades, Norfolk leveraged federal tax breaks to remake itself. Now the Virginia city is using them to demolish its historically Black neighborhoods
The contours of inequality in Norfolk, Va., a city of 240,000-plus people at the mouth of Chesapeake Bay, are clearly visible from atop the 26-story Dominion Tower. The tallest building in townhouses its economic development office, a choice spot for officials to show off their city and to encourage visitors to envision its future.
Look west, and you see a 300-room Hilton, a hockey arena, corporate offices for PNC Financial and payment processor ADP, restaurants and bars, a light rail station, and a 1 million-square-foot mall. To the east is St. Paul’s, a 200-acre area that’s home to three public housing developments dating from the 1950s. The pitch-roofed, two-story, cinder-block houses are arrayed in neat rows, like barracks. The two sides of the city are divided by a highway offramp that shoots suburban shoppers right into the parking garage of the MacArthur Center shopping mall and a six-lane boulevard that keeps St. Paul’s residents, mostly Black and mostly poor, a world apart from the downtown.
Jared Chalk, the director of economic development, admits the detrimental effects. “We’re working with the landlord to open up the mall a bit,” he says, surveying the view on a dreary February morning. Chalk and other city officials say they’ve tried to correct for decades of inequity with jobs and education programs. Critics, seeing a dearth of local businesses and jobs, plus streets that frequently flood, say they haven’t tried hard enough.
This story is from the September 28, 2020 edition of Bloomberg Businessweek.
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