While Boston’s real-estate market is booming, one of the biggest threats to local businesses and community vitality remains urban blight or as the city of Boston calls it: “Problem Properties.” The hardest hit areas are found in Boston’s District 4 (Mattapan, Dorchester, Roslindale, Jamaica Plain areas) where many city-owned parcels, private lots, and business rentals / storefronts have been abandoned over the last 5 to 10 years. In this district alone, local businesses are experiencing a 25% revenue drop due to these vacant storefronts or derelict parcels. Seen as eyesores, public safety hazards, and crime magnets, abandoned houses and properties represent not only a real financial drain but contribute to fragmentation and community isolation.
Boston requires bold new solutions to fix these problem properties for local residents and businesses.