Future Development
In March 2005, Kiplinger's Personal Finance named Bellingham one of the top retirement cities in the nation. Purchase price of homes has risen and rents have stably risen for the last decade. Many of the condominiums recently built as a result of the demand for affordable housing have subsequently become rental units.
Bellingham has seen a resurgence of real-estate development as house prices climb, caused in part by new residents moving into the community. In order to accommodate this growth, new properties have sprung up all over the city, including the Downtown, Fairhaven, Happy Valley, Cordata, and Barkley neighborhoods. The city has reiterated their commitment to developing a wide range of housing options for all income categories, while retaining the integrity of existing communities. Annexation of surrounding rural lands has been kept to a minimum due to public concern for environmental preservation, but several controversies have risen over the city's decisions to counteract the loss of land by allowing taller buildings in the city core, major new development on previously undeveloped land, and a lack of parks and open spaces in some of the more recently developed areas.
Read more about this topic: Bellingham
Famous quotes containing the words future and/or development:
“It is the future that creates his present.
All is an interminable chain of longing.”
—Robert Frost (1874–1963)
“On fields all drenched with blood he made his record in war, abstained from lawless violence when left on the plantation, and received his freedom in peace with moderation. But he holds in this Republic the position of an alien race among a people impatient of a rival. And in the eyes of some it seems that no valor redeems him, no social advancement nor individual development wipes off the ban which clings to him.”
—Frances Ellen Watkins Harper (1825–1911)