0 the process by which a place, especially part of a city, changes from being a poor area to a richer one, where people from a higher social class live: --
1 the process by which a poor neighborhood in a city is changed by people who have money, including esp. the improvement or replacement of buildings --
2 the process by which an area is changed by people who have more money moving to live there and making improvements to the buildings: --
Grnerlkka is a traditional working class district, but from the late 20th century a gentrification process has taken place in the area.
As gentrification began to take hold in the 1990s, the buildings made way for new development.
Prior to gentrification, the neighborhood was mainly composed of low-density commercial businesses and single-family detached homes.
In some areas, gentrification projects have caused displacement of poverty-stricken residents.
In addition to these potential benefits, gentrification can lead to population migration, which involves poorer residents being displaced by wealthier newcomers.
The rent gap is fundamental to explaining gentrification as an economic process.
Political action is often the community's response, either to promote the gentrification or oppose economic eviction.
However, the better part of the gentrification process has happened without much government aid.
