Black Rock is benefiting from commercial, state, federal, and charitable development money pouring into our small area. The area south of Fairfield Avenue and west of Ellsworth Street has always been the highest value area of Black Rock, but much development is taking place north of Fairfield Avenue and east of Ellsworth Street.

THE TRAIN STATION EFFECT

Studies have shown that a new train station can boost prices between 14-18% within a mile radius of the station.

THE WHOLE FOODS EFFECT

A 2007 study in Portland, Oregon found that property values typically go up by about 17.5% percent if you live near a Whole Foods store. The impact of all the developments together is actually called the “Whole Foods Effect” according to urban planners. The process of gentrification of an area starts with one anchor store, such as Whole Foods, which attracts other high end stores.