▁The ▁project ▁will ▁have ▁a ▁value ▁of ▁$ 1 5 7 ▁million ▁over ▁the ▁next ▁de cade . ▁Our ▁budget ▁includes ▁$ 1 . 6 ▁million ▁to ▁help ▁integrate ▁that ▁new ▁development ▁into ▁the ▁surrounding ▁neighborhood . ▁That ▁will ▁not ▁only ▁make ▁the ▁area ▁a ▁better ▁place ▁to ▁live , ▁but ▁will ▁set ▁the ▁table ▁for ▁the ▁private ▁business es ▁that ▁sett le ▁into ▁any ▁health y ▁neighborhood . ▁ ▁On ▁July ▁ 1 2 , ▁ 2 0 1 2 , ▁Const ruction ▁of ▁nine ▁new ▁homes ▁has ▁recently ▁begun ▁near ▁the ▁site ▁of ▁the ▁former ▁She pp ard ▁Square ▁housing ▁development . ▁The ▁nine ▁homes ▁consist ▁of ▁eight ▁in ▁the ▁ 5 0 0 ▁block ▁of ▁East ▁Bre ck in ridge ▁and ▁one ▁on ▁South ▁Sh el by ▁Street . ▁ ▁On ▁December ▁ 1 0 , ▁ 2 0 1 2 , ▁construction ▁began ▁between ▁Han cock , ▁Jacob , ▁Fin zer ▁and ▁Jackson ▁Stre ets , ▁on ▁a ▁$ 1 0 0 ▁million ▁re development ▁of ▁a ▁new , ▁and ▁rev ital ized ▁mixed - in come ▁She pp ard ▁Square ▁housing ▁neighborhood , ▁with ▁a ▁completion ▁date ▁of ▁December ▁ 2 0 1 5 . ▁ ▁Dem ograph ics ▁As ▁of ▁ 2 0 0 0 , ▁the ▁population ▁of ▁Sm ok et own ▁was ▁ 2 , 2 3 2 , ▁of ▁which ▁ 1 3 . 1 % ▁is ▁white , ▁ 8 1 . 2 % ▁is ▁black , ▁ 1 . 8 % ▁is