Cumberland Redevelopment Project Nears Completion in Greensboro
North Carolina's first urban renewal project, Cumberland in Greensboro, faces completion late this year seven years after its start and amid a condemnation suit that reached the State Supreme Court. The project, also a test of the state's redevelopment law, spawned Cumberland Courts Inc., a pioneering private low rent housing venture displaced by redevelopment.
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Washington No. 1
Cumberland redevelopment project drives relocation and growth
The Cumberland plan includes 242 families relocated and 68 businesses moved since 1960 with a mix of housing and commercial sites. The project costs reached 4.63 million with 3.59 million after property sales. 70 percent of improved property reassessed at 3.2 million. Right of way created for loop street and east west couplet in the central district.
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