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.
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Famous quotes containing the words future and/or development:
“One merit in Carlyle, let the subject be what it may, is the freedom of prospect he allows, the entire absence of cant and dogma. He removes many cartloads of rubbish, and leaves open a broad highway. His writings are all unfenced on the side of the future and the possible. Though he does but inadvertently direct our eyes to the open heavens, nevertheless he lets us wander broadly underneath, and shows them to us reflected in innumerable pools and lakes.”
—Henry David Thoreau (1817–1862)
“Men are only as good as their technical development allows them to be.”
—George Orwell (1903–1950)