Yaletown has risen from the ashes of its rough-and-tumble industrial past into one of Vancouver's new chicest neighbourhoods. The place responsible for originating of the phrase 'skid row' might not call to mind independently-owned boutiques and terraced cafes, but having swallowed the waterfront lines of False Creek North, the resulting amalgamation transformed the area into an elegant, stylish hotspot with a view. Its youthful vibe owes to the many young families and young professionals who live there, bolstering nightlife and restaurant variety along its cobbled streets. It is the flagship neighbourhood for modern revitalization, and the It-Spot for boutique hotels and modish eats.