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One of New Orleans' oldest neighborhoods downriver, and within walking distance from the French Quarter, the Bywater has emerged as a vibrant neighborhood with a funky feel. It is a mix of old-time New Orleans and hip bohemianism. It has a heavy arts influence, with many galleries and small theaters. It is also home to many eclectic restaurants, cafes, stores and homes. Some of its colorful architecture includes Creole cottages, shotguns, Victorian doubles, American townhomes and Italianate mansions. There are many theories about how the area got its name, the more obvious being, that it is sandwiched between the Mississippi River on the south, and the Industrial Canal on the east. Developed prior to 1852, some of the streets still have names derived from original land owners, such as, deLesseps, Montegut and deClouet. Although the Bywater has experienced urban renewal and commercial development since Hurricane Katrina, and a noticeable rise in property values, it still maintains a commitment to preservation and history.