I'll agree with everything except this last part. Corktown currently has one of the highest price/sqft sales in all the city. It's possible the WSI area would raised supply in this area diminishing demand, but some pretty cool houses were demolished down there. The Corktown that stands today wasn't anymore special, looking at history it appears to just be "what was left over" when they were done demolishing.
Here are some of the more impressive buildings from the WDI. Many masory structures that are bigger/more beautiful than the clapboard houses that remain.
A good writeup on the WID by my buddy, http://corktownhistory.blogspot.com/...ndustrial.html
Ironically I was born and raised in Canton and now own a house in Corktown
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