Almost all of us can look at the neighborhood in which we were raised with sadness. In most cases they have deteriorated badly. Many housing areas begin slipping after 25 years or so.
I have no idea why the "Developer" is acquiring and building in the "Historic Area". It may be purely a capitalistic urge, or pride in what the organization has produced over many years. I am not worried about the prices as the market (demand) will set the apppropriate level- unless the "Developer" decides to give them away.
The remaining property owners should be very happy about the activity. In my opinion the value of dwellings will begin to show significant increases and the activity will spark individuals to upgrade and modernize.
In MHO the "Developer" has made another very wise business decision that will help to protect and enhance values in and around TV, notwithstanding the conspiracy theorists.
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"All that is necessary for the triumph of evil is that good men do nothing" Edmund Burke 1729-1797
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