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Whether you’re looking for a home, to start
a business, or to make improvements on your commercial property,
you’re in a neighborhood that is ripe for investment.
Both
the South Side Flats and Slopes are enjoying a residential renaissance:
the Flats for its historic housing stock and proximity to East Carson
Street; the Slopes for its views and affordable prices. New construction
is being built throughout the neighborhood, with homes selling almost
as fast as developers build them. And housing values on the South
Side have soared. Ten years ago, the average sales price was $37,000,
compared to an average of $112,000 today.
Business and property owners
on East Carson Street also have enjoyed the benefits of a revitalized
South Side. A local and national historic district, the vacancy
rate on Carson Street is less than 10 percent, compared to more
than 40 percent in 1982. More than 120 storefronts have been restored
and renovated. And the business district is expanding with the construction
of South Side Works extending to Hot Metal Street/29th Street to
the west.
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