Transnational kinship and community dynamics influence the nature of global capital mobility
•
Global investments in ethnic neighborhoods can precipitate divisive community politics
•
Japanese investors utilized Nikkei communities in their post-war economic resurgence
Abstract
Diasporas often play an underappreciated role in the movement of transnational capital in processes of urban place-making. In this case study, we tell a story of the ways in which Japanese international investment in the redevelopment of Los Angeles's historic Little Tokyo was negotiated by Japanese American community members. Archival research and a rare analysis of both Japanese and Japanese American redevelopment histories reveals a complex spatial politics characterized by both acceptance and refusal of Japanese corporations moving to develop the community as a symbol of Japan's post-war resurgence. This analysis brings to light the ways in which contentious micro-politics, driven by renewed transnational ethnic ties, can mediate immense urban economic transitions in neighborhoods facing crisis. Our conclusions reflect back upon planning and research concerning internationally financed development efforts in minority neighborhoods, calling for rigorous analysis of cultural identity and its spatial implications.