ital ization , ▁with ▁hundreds ▁of ▁new ▁lo ft ▁apart ments ▁created ▁through ▁adapt ive ▁reuse ▁of ▁historic ▁w are h ouses ▁and ▁mill s . ▁Since ▁ 2 0 0 0 , ▁dow nt own ▁has ▁attract ed ▁private ▁invest ments ▁of ▁more ▁than ▁$ 1 1 0   mill ion , ▁and ▁business ▁activity ▁increased ▁by ▁ 2 0 5 % ▁from ▁ 2 0 0 4 ▁to ▁ 2 0 1 4 . ▁In ▁ 2 0 1 4 , ▁ 7 5 ▁new ▁a partment ▁units ▁were ▁added ▁to ▁dow nt own , ▁with ▁ 1 5 5 ▁further ▁units ▁under ▁construction , ▁increasing ▁the ▁number ▁of ▁housing ▁units ▁dow nt own ▁by ▁ 4 8 % ▁from ▁ 2 0 1 0 ▁to ▁ 2 0 1 4 . ▁ ▁In ▁ 2 0 1 5 , ▁the ▁$ 5 . 8   mill ion ▁Lower ▁Bl uff walk ▁ped est rian ▁street ▁zone ▁opened . ▁Notable ▁projects ▁under way ▁in ▁dow nt own ▁by ▁the ▁end ▁of ▁ 2 0 1 5 ▁include ▁the ▁$ 2 5   mill ion ▁Virgin ian ▁Hotel ▁rest oration ▁project , ▁a ▁$ 1 6 . 6   mill ion ▁rest oration ▁of ▁the ▁Academy ▁Center ▁of ▁the ▁Arts , ▁and ▁$ 4 . 6   mill ion ▁expansion ▁of ▁Ama z ement ▁Square ▁Children ' s ▁Museum . ▁ ▁Tim eline ▁▁▁▁ 1 7 8 6 ▁– ▁Lyn ch burg ▁founded . ▁▁ 1 7 9 1 ▁– ▁Tob acco