South Beach is now San Francisco's newest upscale destination neighborhood and has a nack of always reinventing itself. Just south of the Financial District alongside the San Francisco Bay, South Beach enjoyed a major boom in the late .com boom, as high-tech startups set up shop and glittering residential condos rose to the sky. New developments along with thrilling nightlife and dining options give this neighborhood a heavily cosmopolitan air. Home buyers are easily enticed by the high rises and conversion lofts that pop up unexpectedly between designer furniture stores, art galleries and nightclubs. South Park is an unofficial hub for the neighborhood. This little park offers a playground, picnic areas and is surrounded by quaint cafes and restaurants. It was San Francisco's first gated community. In the midst of all the change in South Beach, walking the loop around South Park Avenue, one can easily go back in time to 1852.  Now the area is home to designers, photographers, restaurants and boutiques. Rapid development along with the presence of the new ball park, home of the San Francisco Giants, have greatly increased the level of public transit service throughout SOMA.