According to Bill Briggs of SwitchYard Media, it has. He included the neighborhood in a list of 10 that have lost their identity.
Community makeovers sometimes occur organically as new immigrants pack old nooks or young entrepreneurs see potential in decaying city corners.
Often, fresh infusions of big money and innovative blueprints fuel these urban comeback tales...
The whole list:
- New York City: Williamsburg
- Seattle: Georgetown
- Louisville, KY: NuLu
- Chicago: University Village
- North Charleston, SC: Park Circle
- Philadelphia: Northern Liberties
- Oklahoma City: Asian District
- Vancouver, BC: Village at False Creek
- Oakland, CA: Uptown
- Jacksonville, FL: Riverside
10 neighborhoods that lost their identitiesFull article: http://realestate.msn.com/10-neighborhoods-that-lost-their-identities?gt1=35006#11
Riverside, Jacksonville, Fla.
Where: On the St. Johns River, just south of downtown Jacksonville
Was: Former plantation land developed after the Civil War. By the early 1900s, Riverside Avenue boasted tall oak trees and rows of mansions. Classic architecture dotted the area, including Colonial Revival, Georgian and Tudor homes. By the 1950s, the area had lapsed economically. Old mansions became boarding houses.
Now: A movement to protect the old homes and some of the cobblestone streets began in the 1970s, eventually guiding the area's recovery. Riverside Avondale Preservation has led the rebirth of the neighborhood, which CNNMoney.com has called "a funky arts haven." The median sale price was $127,850 in March, up 4.4% from March 2010, Trulia.com says.