Frank P. Crivello of Phoenix Investors discusses crime reduction in Racine & Kenosha through blight elimination
As reported in Kenosha News and The Journal Times Racine, Wisconsin – Urban and rural blight refers to buildings that have been abandoned and left to decay. Studies dating as far back as the 1920s have in various ways linked blighted properties to marked increases in neighborhood crime and reduced economic activity. Most studies focus on abandoned residential properties, but nationwide real estate investor Phoenix Investors noticed a pattern between its large-scale industrial redevelopments and crime reduction. Phoenix Investors’ core business is the revitalization of former manufacturing facilities ... Read More
