Transcript Belmont Heights Estates Economic Impact Analysis

Belmont Heights Estates
Economic Impact Analysis
University Partnership for Community & Economic
Development,
a joint initiative of:
Shimberg Center for Affordable Housing
University of Florida
Jim Walter Partnership Center
University of South Florida
College Hill & Ponce de Leon Prior to Demolition:
Belmont Heights Estates:
Belmont Heights Amenities:
Belmont Heights Streetscape & Community Park:
Today’s Presentation
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How we prepared this study
Economic impact
Crime reduction
Quality of life
Looking ahead
Study Approach
 Multi-disciplinary project teams from
University of Florida and University of
South Florida
 Pre-demolition analysis
 Pre-Belmont Heights
 Post-Belmont Heights
Economic Impact
 Belmont Heights median incomes 78%
higher than College Hill and Ponce de Leon
 Median home sale prices in Belmont
Heights Estates neighborhood rose by
123% between 1995 and 2003, as
compared with 84% in Tampa Bay area
during same period
 Occupational licenses issued in
neighborhood rose from 12 in 1996 to 199
in 2003, an increase of 1,558%
Economic Impact (continued)
 Large majority (90%) of community leaders
interviewed indicated Belmont Heights
Estates had an extremely positive or
positive economic impact on the area
 Large majority (77%) of community leaders
interviewed felt Belmont Heights Estates
had an extremely beneficial or somewhat
beneficial impact on the economic and
living conditions of residents
Crime Reduction
 Part I crime rates fell by 48%
between 1999 and 2005 in the crime
grids making up Belmont Heights
Estates and its surrounding
neighborhood
 This compares with a 30% decrease
in Part I crimes for the City of Tampa
as a whole during the same period
Change in Part 1 Crimes from 1999 to 2005
Part 1 Crimes include: murder, robbery, aggravated assault, burglary, auto
theft, and larceny
0.00%
Grid 97
Grid 98
Grid 108
-10.00%
-20.00%
Percent Change -30.00%
- 33.61%
-40.00%
-50.00%
-60.00%
- 46.84%
- 53.85%
Quality of Life
 All (100%) former College Hill and Ponce de
Leon residents who returned to live at
Belmont Heights Estates indicated that the
condition of their home was better than
before
 A majority of former College Hill and Ponce
de Leon residents stated that current living
conditions are better now—including those
who have not returned to live at Belmont
Heights Estates
Quality of Life (continued)
 A majority (61%) of survey respondents
perceived less crime in their current
neighborhood than when they lived in
College Hill or Ponce de Leon
 None of the former College Hill and Ponce
de Leon residents now living at Belmont
Heights Estates stated they were
dissatisfied with their current home
 Only 15% of former College Hill and Ponce
de Leon who did not return to Belmont
Heights indicated dissatisfaction with their
current home
“How satisfied are you with the
place you currently live?”
Former residents living at
Belmont Heights Estates
Former residents
who remained relocated
Neutral
Satisfied
Very
Dissatisfied
Dissatisfied 10%
5%
10%
10%
Very
Satisfied
40%
Neutral
21%
Very
Satisfied
80%
Satisfied
24%
Looking Ahead
 Measuring neighborhood change is
complex and best done over an
extended period of time
 Identifying specific impacts of a HOPE
VI community is challenging
 Substantial change has been achieved
Looking Ahead (continued)
 Quality and condition of a
neighborhood’s homes are primary
factors in overall neighborhood
quality
 Primary challenge to Tampa Housing
Authority and its community partners
is to keep the positive momentum
generated by Belmont Heights
Estates going
Looking Ahead (continued)
 Additional collaborative efforts are needed
to address local business need for more
support
 Neighborhood residents need added
motivation to participate in educational
opportunities and employment programs
 Success of Belmont Heights Estates can be
continued and replicated through strong
public-private partnerships
Belmont Heights Awards:
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National Association of Housing and Redevelopment Officials:
National Award of Excellence for the Elderly Village at Belmont
Heights Estates, 2006.
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American Association of Architects: National Award of
Excellence for Community Design, 2004.
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American Association of Public Administrators Suncoast
Chapter: Award of Excellence for Project Management and
Innovation, 2004.
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Hillsborough County City-County Planning Commission: Award
of Excellence for Community Design, 2003.
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Florida Association of Housing and Redevelopment Officials:
Best Newsletter (HOPE VI NEWS) in State of Florida for Large
Housing Authorities, 2003.