Othello Station HALA rezone
You might ask yourself why is redevelopment a good thing for a neighborhoods. On it's own redevelopment doesn't always improve everything and others might argue it comes with disadvantages. However, in my view it really depends on what type of redevelopment, where the development is to take place, and how they plan to increase affordable housing to help minimize displacement. Holly Park and Othello Station as a whole are getting vast improvements on what is currently available in all those departments. Seattle has set out to create urban villages in most Seattle neighborhoods. This means rezoning with far more mixed use. This type of rezone offers more stores, restaurants, shops and helps to contribute to more housing which helps create affordable housing in Seattle. Also, with the HALA rezone affordable housing funds are part of the deal. These new retails spaces offer opportunity for local residence to open up their own shops in the neighborhood they love. Last, walkability changes a homes value more than any other single factor. As the urban village develops and fills in it improves the value of all the homes that surround the village. Othello is a light rail station, so the development here will be great for the community shops and should help create opportunity for those who live here.