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January 2023

ReBUILD A\
F::F◄F-F·F �\\
RADICAl\RESTORATIYE\REGENERATIYE

Prepared by czbLLC for ReBUILD Metro and BUILD

WHOLE BLOCKS,
WHOLE CITY
THE
AB ELL
F O U N D AT I O N

times new roman


Population INCREASE
1.4
Population
in 1950
1.2

New York
1

Milwaukee

Population DECREASE
0.8 Boston
Philadelphia
Chicago

0.6 Baltimore

Buffalo
0.4
Pittsburgh
Cleveland
Detroit
St. Louis
0.2

1950 1960 1970 1980 1990 2000 2010 2020

Population
at Peak
949,708

Households
585,708 at Peak

Persons per
Household 3.1 2.4

289,349
242,499

1950 2020 1970 2020

Change from Peak -364,000 -46,850


(-38%) (-16%)
14%

20%

17%
Vacancy rate

5%

7%

9%
16,172

21,045

27,222

42,481

58,223

51,437
300,000

Change
1970-2020

+35,265
Vacant
housing units +218%
250,000

-46,850
Households -16%

200,000 -11,585
Housing units -4%

150,000

100,000

50,000

0
1970

1980

1990

2000

2010

2020
$250,000

$200,000

Average Sale Price (2017-2021)


17,000 16,644 16,704 16,813
16,644 $150,000
16,000 16,450
15,061
15,000 14,850
$100,000
14,000

13,000
$50,000
12,000

11,000
$0
10,000
0% 5% 10% 15% 20% 25% 30% 35% 40% 45% 50%
2016

2017

2018

2019

2020

2021

2022

% of Parcels Tagged with VBNs


0 1 2+
+22%
1,999
-10%
1,638 1,585
1,427

-28%
716
513

2016 2022 2016 2022 2016 2022


Blocks with... % of Open VBNs

HIGHER Above average


market strength
489 3%
OPEN VBNs

VBNs in areas with


Probability of
positive VBN
resolution

Average 1,513 10% below average sales prices


market strength OPEN VBNs
VBNs in areas with
average sales prices

Below average 12,848 87% VBNs in areas with


LOWER market strength OPEN VBNs above average sales prices
2000 2020

25.5%
20.6%

Population

Households
earning 14.8% 14.6%
$75,000
or more
($50,000+
in 2000)
% Change in Population, Growth Rank Among 56
2010-2020 Metropolitan Areas with
Populations of 1 million+
42.3%
African

TOP
Ranking
Washington 13.0% American
households
earning 30.8%
$75,000
Boston 8.5% or more
($50,000+ in
2000)
New York 6.6% #18

Baltimore 4.9%

#31
Providence 4.7% 16.3% 17.4%
#37 Adults with
a Bachelor's
degree
Philadelphia 4.7% #43 or higher
#44
#45

Hartford 0.1%
BOTTOM
Ranking

#56
VBNs in areas
with below
average sales Strongest
prices
Strong
VBNs in areas Average
with average
sales prices Weak/Low Stability
Weak/High Stability
VBNs in areas
with above Weakest/Low Stability
average sales Weakest/High Stability
prices
QUINTILES QUINTILES
5 4 3 2 1 5 4 3 2 1

WEAKER STRONGER LOWER HIGHER


Control Control
MARKET Strongest Strong Average Weak Weakest
STRENGTH

Control of
HIGH LOW HIGH LOW Vacancy
1 2 3 14 25 36 4 5 6

83

MARKET Strongest Strong Average Weak Weakest


STRENGTH
80%
Higher %
Control of (a greater focus
HIGH LOW HIGH LOW Vacancy from the outset
on control and 63%
stabilization) 60%

47% 49% 48%


43% 44%
40% 38%
27% 26% 27%
Lower % 20% 21%
(higher
readiness for
rehab and infill
investments)
0%

A B C D E A B C D E F
Cluster 1 Cluster 2
3 4 1 5 2 6 3 4 5 1 6 2 3 4 1 5 2 6 3 4 5 6

80%
Higher %
(a greater focus
from the outset
on control and 62%
stabilization) 60%
54%
50%
46%
40% 43% 41%
40% 38%
27% 27%
Lower % 20%
(higher
readiness for 9%
rehab and infill
investments)
0%

A B C A B C A B A B C
Cluster 3 Cluster 4 Cluster 5 Cluster 6
83

MARKET STRENGTH

Strongest Strong Average Weak Weakest

HIGH LOW HIGH LOW

Control of Vacancy
80%
Higher %
(a greater focus
from the outset 69%
on control and 63%
stabilization) 60%

49%
40% 44%
40% 40%

28% 30% 28% 27% 26%


25%
Lower % 20%
(higher 17%
readiness for
rehab and infill 7% 9%
investments)
0%

A B C D E A B C A B C A B C D
Cluster 1 Cluster 2 Cluster 3 Cluster 4
80%
Higher %
(a greater focus
from the outset
on control and
stabilization) 60% 59%
55%
51% 50%
48%
40% 38% 39%
35% 37%
29%
23%
Lower % 20% 18% 19%
(higher
readiness for 13%
rehab and infill
investments)
0%

A B C D E F A B C A B A B C
Cluster 5 Cluster 6 Cluster 7 Cluster 8
80%
Higher %
(a greater focus
from the outset
on control and
stabilization) 60% 61%
58% 57%
55% 54%
50% 49% 51%
45% 44% 47%
44% 43%
40%

29% 32%
24%
21%
Lower % 20%
(higher 14%
readiness for 12%
rehab and infill
investments)
0%

A B C D E F G A B C D E A B C A B C D
Cluster 9 Cluster 10 Cluster 11 Cluster 12
80%
Higher %
(a greater focus
from the outset 69%
on control and 65%
stabilization) 60% 58% 57%
55%
52% 52%

40% 41%
32%

Lower % 20%
(higher
readiness for
rehab and infill
investments)
0%

A B A B A B C A B
Cluster 13 Cluster 14 Cluster 15 Cluster 16
23

23 24

24 25

25 26

26 27

27

80%
Higher %
(a greater focus
from the outset
on control and
stabilization) 60%
52%
43%
40% 38%
MARKET STRENGTH 36% 36%
33%

Strongest Strong Average Weak Weakest Lower % 20%


20%
(higher
readiness for
HIGH LOW HIGH LOW rehab and infill
investments)
0%
Control of Vacancy A B C D A B C
Cluster 1 Cluster 2
25
24

25 26

26 27

27

80%
Higher %
(a greater focus
from the outset
on control and
stabilization) 60%

44%
40% 37%
31%
27% 26%
Lower % 20% 20% 17% 18% 21% 19%
(higher 15% 17%
readiness for
rehab and infill
investments)
0%

A B C D A B A B A B C D
Cluster 3 Cluster 4 Cluster 5 Cluster 4
WHOLE BLOCKS,
WHOLE CITY
RECLAIMING
VACANT PROPERTY
THROUGHOUT
BALTIMORE

NOVEMBER 2022

Prepared by czbLLC for ReBUILD Metro and BUILD

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