 The area gradually declined as the affluent moved to newer streetcar suburbs, such as Cherokee Triangle, or built estates in areas east of Louisville recently connected by railroad, such as Anchorage and Glenview. Accelerated by the Great Depression, many of the large homes in Old Louisville were converted to boarding houses during the 1930s. The Ohio River flood of 1937 caused a great number of the remaining wealthy households to move above the flood plain.
