Chris Donovan is a television director and producer who is recognized as the long-time director of the televised Golden Globe Awards, and other television gala specials... (wikipedia)
People have increasingly been attracted to the cleaner, simpler living space that a loft can provide. People are more accustomed to or hungry for the urban lifestyle.
Back when my grandfather was here, we were the only shop in what was an industrial neighborhood. Now, aside from the auto-body shop around the corner, this has become more commercial and residential.
The impact on the neighborhood would be devastating,