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| | The Village at Delray HOPE VI Revitalization initiative features a comprehensive Community and Supportive Services Program, designed to equip and support former Carver Estates residents to realize maximum growth and to become active consumers of the new community by becoming homeowners, renters, potential business owners, and responsible, technologically connected civic contributors. |
Economic Impact of Revitalization Activities:
- A Total Investment of over $200 Million in the Southwest Area Neighborhood of Delray Beach
- Over 800 construction and permanent jobs created
- To lessen the concentration of poverty, 35% of the 590 new housing units constructed will provide housing for families above the neighborhood existing median income of $53,125.
- Mixed Use at Southeast Gateway will bring new retail and professional services to the neighborhood
- Site demolition is scheduled to begin in December of 2007 to make way for the construction to start in the Spring of 2008.
- Real Estate values have appreciated 34 % over the last four (4) years in Delray Beach and are anticipated to remain strong.
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