Wynwood is home to over 70 Art Galleries, Retail Stores, Antique Shops, Eclectic Bars, and one of the largest street-art installations in the world. From what was once the fashion and manufacturing district of Miami, developers and businesses have converted neglected warehouses and shuttered factories and transformed them into art galleries, performing art spaces, restaurants, cafes, and chic shoppes. Residential properties i.e., boutique condos are in pre-construction. Cool hotels are in the works. With the success of Art Basel Miami Beach since 2002 and the Second Saturday Art Walk, Wynwood has experienced unprecedented growth in the last decade as it becomes Miami's go-to place for alternative cultural nightlife.