Tribeca is going through quite the growth spurt. The area is slated for a slew of developments, with newly constructed apartments and businesses set to spring up. The area’s popularity is a product of high demand existing in a small area with limited inventory. As an “it” neighborhood, Manhattan residents feel that Tribeca is currently the trendiest place to be, with large industrial spaces that are soaring in popularity, especially among celebrities. This incoming wave of development truly proves Tribeca’s nature as a still-evolving neighborhood, capable of supporting new construction while other areas in Manhattan have already become static and fixed.