Américas 1:34:32
Resumen de video:

The Fayetteville Street Corridor is a spine through the middle of Durham, NC’s Hayti neighborhood, the historical location of many of Durham’s Black businesses and the hub of economic activity. Yet, the 1958 authorization of the creation of Route 147, effectively dismantled the once thriving Hayti community—while creating a freeway to connect the newly planned Research Triangle Park to downtown. 

Today, Hayti is still home to many small businesses, historical landmarks and community organizations of importance to the Black community. The Fayetteville Street Corridor is a gateway that remains vital to the economic development of Durham and preservation of Black history and culture.  In the current moment, there is unprecedented market demand for property in Durham, NC. The Fayetteville Street Corridor is feeling development pressure as the demand for property is outpaces supply.  Homes are rapidly selling and/or renting at record levels. Impending change to the historic neighborhood is palpable.    

The Hayti Heritage Center asked ULI to explore opportunities for the redevelopment of the Fayetteville Street Corridor with a community-centered mindset, ensuring the community is involved in both planning and economic participation.  Among the panel’s recommendations:

  • Launch community-led engagement to create a shared vision for the future of Hayti and the Fayetteville Street Corridor
  • Improve Fayetteville Street with streetscape improvements and protection of historic structures
  • Maintain cultural identity through creative placemaking
  • Maintain affordability in both rental and ownership housing, especially for legacy residents
  • Strengthen North Carolina Central University and nurture NCCU’s entrepreneurial activities
  • Invest in the Hayti Heritage Center
  • Launch a capital fund targeted for Black entrepreneurship and Black-led real estate development and ownership.
  • Capture new employment opportunities for Hayti residents
  • Leverage strategic partners and communicate goals 

The report page for this Advisory Services Panel is available to view here.

Resumen de video: The Fayetteville Street Corridor is a spine through the middle of Durham, NC’s Hayti neighborhood, the historical location of many of Durham’s Black businesses and the hub of economic activity. Yet, the 1958 authorization of the creation of Route 147, effectively dismantled the once thriving Hayti community—while creating a freeway to connect the newly planned Research Triangle Park to downtown. 

Today, Hayti is still home to many small businesses, historical landmarks and community organizations of importance to the Black community. The Fayetteville Street Corridor is a gateway that remains vital to the economic development of Durham and preservation of Black history and culture.  In the current moment, there is unprecedented market demand for property in Durham, NC. The Fayetteville Street Corridor is feeling development pressure as the demand for property is outpaces supply.  Homes are rapidly selling and/or renting at record levels. Impending change to the historic neighborhood is palpable.    

The Hayti Heritage Center asked ULI to explore opportunities for the redevelopment of the Fayetteville Street Corridor with a community-centered mindset, ensuring the community is involved in both planning and economic participation.  Among the panel’s recommendations:

  • Launch community-led engagement to create a shared vision for the future of Hayti and the Fayetteville Street Corridor
  • Improve Fayetteville Street with streetscape improvements and protection of historic structures
  • Maintain cultural identity through creative placemaking
  • Maintain affordability in both rental and ownership housing, especially for legacy residents
  • Strengthen North Carolina Central University and nurture NCCU’s entrepreneurial activities
  • Invest in the Hayti Heritage Center
  • Launch a capital fund targeted for Black entrepreneurship and Black-led real estate development and ownership.
  • Capture new employment opportunities for Hayti residents
  • Leverage strategic partners and communicate goals 

The report page for this Advisory Services Panel is available to view here.

RELACIONADOS
Informe

Partnering for Just, Green, and Ready Communities

As ULI District Councils consider how to deepen their impact in cities across the United States, many are exploring partnerships with community-based organizations (CBOs). Work of this nature is often facilitated through new partnerships and may requ...
Informe

El auge de las residencias privadas de lujo en la República Dominicana

La República Dominicana (RD), famosa por sus playas vírgenes, paisajes exuberantes y una cultura vibrante, se ha convertido en un punto de acceso para los bienes raíces de lujo. Entre las diversas ofertas en este mercado, las residencias privadas de ...
Informe

Informe Anual de Personas sin Hogar a Vivienda

El Informe Anual 2023-2024 ULI Homeless to Housed: Exploring Real Estate Solutions destaca el trabajo completado en la primera fase de la iniciativa Homeless to Housed (H2H) de ULI. Este Informe explora las lecciones clave aprendidas que guiarán los ...
Temas