No doubt. When I was at Tulane, the great wave of gentrification that rehabilitated the Garden District and Uptown was still in the early stages. Mercifully, for us callow Tulane students, the immediate environs of the campus were mostly safe, at least in daytime. Similarly, in the daylight hours, even the Fret Jet (the Freret Street bus) from the campus to Canal Street was safe even though it traversed dismal Black slums.
Freret Street is all nice bars and upscale restaurants.
And the neighborhood around there is gentrified.
Back in the 1970-80’s Magazine Street was blighted, now it is all fancy.