Area Needs
Housing Need
Households of varying sizes need different kinds of housing. A disconnect between the supply of large housing units (3+ bedrooms) compared to the demand by small households (1 - 3 people) may place unnecessary cost burdens on small households particularly in terms of utilities and upkeep charges. With a majority of households living in the project area being 3 people or fewer, the area could benefit from additional smaller housing units.
Population Decline
Morgan Park, West Pullman, and Roseland have seen more than a 20 percent decline in population from 2000 to 2020. The decline in population has caused a major shift in resources, including an Aldermanic Ward remap, a reduction in area school attendance, business closures, increased residential vacancies, and a reduction in area tax revenues to fund local construction and maintain public amenities.
Retail Gaps
Approximately 20% ($106 million) of retail demand leaves the area. These retail gaps help explain the success of Marshfield Plaza but with sales taxes and the cost of real estate lower in surrounding suburban areas, it may not be possible to eliminate this gap. Promising types of stores that show larger gaps include electronics, sporting goods, and full-service restaurants.
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