Probably. Have you ever considered that some big money has their eyes on that part of PC? They'll let it go completely seedy and in 5-10 years when all those that are there now throw in the towel, they'll swoop in , buy cheap, and renovate the entire stretch. I've seen it happen in many places. South Beach is a good example.
Some of us been saying that for a long while .
IF, IF there are investors with Deep Pockets, with long term Plans , they will run the town into the ground first , before they make their move .
Swoop in as you say and buy out that whole section of PC.
The only problem is its been about 10 years since we speculated on t hat , so these " Investors" must have a LOT of time on their hands .
Maybe its for their Grand children . cuz its not happening in our Lifetimes .