The New York Times reports, “To revive a languishing neighborhood, one theory goes, cities should encourage new restaurants, locally owned shops and quality market-rate housing, and the money will follow. In the Old Town/Chinatown district here, however, that model is being turned upside down.
The Resource Access Center, a $47 million complex that will provide affordable housing and a shelter and services for homeless people, is the focal point of a 10-year plan to end homelessness here. The eight-story, 106,000-square-foot center, which will open next year, is expected to help catalyze development in the north end of Old Town/Chinatown, a neglected area that supporters say is poised for significant growth.”
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