Years ago I lived in that area and even had rent houses with a partner in the surrounding neighborhood.
The reality is the area has been severely crime-ridden for a very long time - burglaries, prostitution, drug crimes, gangs, etc.
Will it revive at some point - probably. But I honestly don't see the area south of 16th getting noticeably better for a very long time (10+ years at least). We looked there again before buying and decided it just wasn't worth it.
The Plaza area is nice to walk, shop, and patronize, but I doubt you'd find yourself walking the dog, jogging, riding a bike, etc. on any of the surrounding streets (especially to the south, or making friends with too many of your neighbors).
When I did live in the area some renters I had were broken into, but I never was. I had two attempts, but both times they fled as soon as the alarm went off. My only renters that suffered from theft were those who did not have alarms that they used or left things outside or cars not in the garage.
What I hated though was both times the would-be burglars with my home kicked in the back door prior to the alarm going off. While they stole nothing, I had to totally replace the back door and door jams both times.
That's when I moved to a bit more deterrence that I use to this day.
I know you didn't ask specifically about burglary deterrence, but here are the things we do and have used over the years.
Some will say this entire effort is overkill, but we find it unobtrusive and its prevented a single break-in from happening (or even attempts) and we continued to live in a crime ridden area until this year.
1.) Motion sensors around our property (we have 8 of these covering the entire property). You get an audible tone whenever someone comes onto your property. Not only does it alert you to someone's presence, but often when someone walks up to your door they too hear the buzz and know you've been alerted. When we go out of town we leave the receiver with our neighbor and just turn a couple of sensors on.
Amazon.com: Chamberlain CWA2000 Wireless Motion Alert: Camera & Photo
2.) Motion activated flood lights with built-in camera and audio alert. We have these over our driveway and back porch. Ours is a different brand and also utilizes 'the cloud' to backup video footage and streams live to my smartphone and has battery backup. I really like these! Someone walks up to driveway at night and it announces, "You're trespassing!" Plus lights them up and takes video of them and alerts me via a text message. Also great to keep your cars or yard decoration safe(er). Ours has a remote to turn them off and on (less annoying when coming and going at night).
Amazon.com: SmartGuard 120W 4-in-1 security system: motion activated light+camera+SD card memory+audio warning: Electronics
3.) Wireless motion activated lights. We have several of these attached to trees, side of the house, pool house, fence, etc. Battery operated and run off LED's (very bright). They activate when they sense motion. Helps to startle trespassers, alert you and neighbors and provides the needed light to our security video cameras pointed towards those directions. Also just good for lighting up your path while walking around your property at night.
Amazon.com: Mr. Beams MB363 Wireless LED Spotlight with Motion Sensor and Photocell, Black, 3-Pack: Home Improvement
4.) A good security camera system. We started with this brand below and then moved to a different higher resolution brand that didn't require proprietary cameras and cable and had cloud ability, battery backup and a DVD burner. The key features to look for are resolution (600 lines+), night capability, an ease to use DVR and smartphone notification. A dedicated monitor is nice, but ours can be viewed by any TV in the house on a specific channel. Also critical to either hide the DVR well or put it in a DVR lock box mounted to the wall or foundation.
*$999.00 after $100 Instant Savings* Revo 16 Channel Surveillance System with 8 High-Resolution 600TVL Cameras & 2 TB Hard drive. - Sam's Club
5.) Keypad locks. Love these, specially when the kid was living at home (as he was terrible at losing his keys). No key to lose or have stolen. Plus, we can assign a temporary code for a one-time use on the door coming into the garage or pool house if someone needs to leave something for us and we don't want it on the porch.
Amazon.com: Schlage FE575 PLY 626 ELA Plymouth Keypad Entry with Auto-Lock and Elan Levers, Brushed Chrome: Home Improvement
6.) Locking mailbox. We had some neighbors suffer from mail theft (Netflix DVD's, birthday cards, etc) so we got a locking mail box. Also great when you go out of town because nobody can see your mail piling up and realize you're gone.
Amazon.com: Solar Group MSK00000 Extra Large Lockable Security Wall Mount Mailbox, Black: Home Improvement
7.) A good alarm system is key - but you've gotta use it for it to be useful. We turn ours on even if we are just going to 7-11. We also got two wireless panic remotes. These are great to keep on you, but don't leave one in your car for obvious reasons. A system that sends you a text or phone call is good too.
8.) We also have an inside dog that will bark if anyone comes onto the property and has learned when the motion sensors go off that that means someone is around and he goes on alert.
If nothing else its good piece of mind and when added over time it really doesn't cost that much and it all pretty much blends into the background and isn't noticed. Honestly, I don't fear a burglary that much (that's what insurance is for), I just don't want the inside of the house vandalized or my wife to be in danger of physical attack from an intruder.
I really wish a group of 4-8 home buyers (or a developer) could go in and buy a stretch of homes and rehab them (starting on 15th street). If you could get pockets of rehabbed homes then I think more buyers would consider this a real option.
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