How many of you have turned Magnolia Promenade into residential

I made MP in one save, like an industrial district with 2 industrial style lofts, very stylish and a restaurant, stylish and up and coming hot spot. I want my MP to be the trendy neighborhood, and restrictive...only spellcasters and vamps are allowed. :) Kind of the suburb of Forgotten Hollow. :D I ran out of room for my vampires, and I didn't want to move them into say, Willow Creek or Oasis Springs so this neighborhood is just small enough for it to be a special one.