Which phase is NOT part of the typical life cycle of a neighborhood?

The phase that is not part of the typical life cycle of a neighborhood is innovation. The standard life cycle includes phases like growth, stability, and decline, which represent the natural progression of a neighborhood's development over time.

The growth phase indicates increasing demand and development, with property values rising and new construction or improvement of existing properties. Following growth, stability reflects a period where the neighborhood has reached a balanced state, allowing for established property values and generally lower rates of change. Finally, decline suggests a decrease in desirability or demand, often resulting in lower property values, increased vacancy rates, and potentially a downward spiral in neighborhood conditions.

Innovation, while it can occur within a neighborhood, is not a phase in the life cycle itself; instead, it might describe specific occurrences or projects (like redevelopment or revitalization) that can happen at various points within other recognized phases. Therefore, it stands apart from the fundamental phases of a neighborhood's life cycle.