New Condos in Norwalk Proposed
Norwalk has recently been considering building condos in the old swap meet space on Alondra and Excelsior.
The proposal for these apartments would be a modern, mixed residential and commercial space, according to Brian Hews at the La Mirada Lamplighter. The owners are currently seeking approval of eleven buildings to be erected in the area. This seems to follow a trend in our city of luxury condos being constructed in rundown or abandoned places. However, these apartments are not in the price range for our residents, instead designated to attract residents with higher tax-brackets, gentrifying our neighborhoods (gentrification is defined as the process of wealthy people moving into lower-income neighborhoods and seen as a problem by many because of the effects it has on the city or community as a whole.)
The issue is not rich people coming to live in our city; in fact, it would be welcomed. The issue lies in the likely fact that they would not be supporting our community, only living in it. Instead of creating passive income and supporting our local businesses, the new condos will attract major corporations or businesses that would not be for the generally lower-class population of that area of Norwalk, but only existing for the convenience of the new upper-middle class tenants.
Essentially, the mixed residential and commercial property in mind would serve as a private community, complete with everything they would need at that location, so they wouldn’t have to venture outside of their fences to support smaller local businesses in Norwalk entirely.
Even though most Norwalk residents welcome clean, new buildings and businesses like this proposal and the new Sprouts Farmers Market just down the street, it is important that the developers hear every community voice, and not just the voices of the wealthy investors and big businesses which would benefit the most from this move.