Gas Plant Tidbits
The following information is based on figures from the 1970s
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One of the oldest areas in the city
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Estimated to be 86 acres in size
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Spans from Dr. MLK Street (9th Street South) to 16th Street an First Avenue South to Fifth Avenue
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In its prime was home to an estimated 800 people
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The majority were African-American
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Home to hundreds of structures that were in need of repairs
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69% of residents had an annual income of $4,000
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16% of residents were unemployed
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Renters were offered on average $4,000 to relocate
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Businesses were offered $2,500 - $10,000 in moving costs
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Homeowners were offered $15,000 over the assessed value of their property
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Rents in the area-averaged $67 a month
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Home to three of the city’s four oldest black churches
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Home of the first school for black children
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Home of the first public library
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Only 45 homes were occupied by the owner
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City acquired 185 parcels of property
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Demolished 262 Structures
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Relocated 27 businesses
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Relocated 45owner-occupants and 281 renters
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The original plan was for business and housing
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It later changed to bring baseball to the area
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The city did not include residents in planning because they thought it was what that wanted
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Improvements to the area included rerouting traffic ways
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The estimated cost to prepare for redevelopment was $9.5 million dollars
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The process was to be carried out in four phases
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The city anticipated an $11 million increase to the tax base
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Promised an increase of up to 688 new jobs
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Hoped to generate $90 million in sales
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Add $5.6 million annually into the local economy
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The initial cost to taxpayers was $110 million
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It took 20 years before the first pitch was thrown
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Twenty years later the team looks to relocate