 The Newport/Pavonia, Harborside Financial Center and Exchange Place neighborhoods on the waterfront are experiencing significant construction of high-rise towers and with the addition of the Light Rail and more ferry service the area has become a growing destination for businesses, residents and tourists.WALDO (work and live district overlay) is an area that is being redeveloped from its days as a warehouse center to an artist community.It is already home to several galleries and restaurants and development of artist housing, more galleries, a museum and stores are being planned.