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===Recent history=== Fargo has continued to expand rapidly but steadily. Since the mid-1980s, the bulk of new residential growth has occurred in the south and southwest zones of the area (for example in [[West Fargo, North Dakota|West Fargo]]) due to geographic constraints on the north side.<ref>{{Cite web |title=The City of Fargo - Find Your Neighborhood |url=https://fargond.gov/live/know-your-neighborhood/find-your-neighborhood |archive-url=https://web.archive.org/web/20230202021553/https://www.fargond.gov/live/know-your-neighborhood/find-your-neighborhood |archive-date=February 2, 2023 |access-date=August 13, 2023 |website=fargond.gov}}</ref> The city's major retail districts on the southwest side have likewise seen rapid development. Downtown Fargo has been [[Gentrification|gentrified]] due in part to investments by the city and private developers in the Renaissance Zone.<ref>{{Cite web |title=Downtown gentrification: the good, the bad, and the unaffordable |url=https://hpr1.com/index.php/arts-entertainment/arts/downtown-gentrification-the-good-the-bad-and-the-unaffordable |access-date=August 11, 2023 |website=High Plains Reader, Fargo ND |language=en}}</ref> Most older neighborhoods, such as Horace Mann, have either avoided decline or been revitalized through housing rehabilitation promoted by planning agencies to strengthen the city's core. [[North Dakota State University|NDSU]] has grown rapidly into a major research university and forms a major component of the city's identity and economy.<ref>{{Cite web |title=Study: NDSU has major impact on region's economy {{!}} North Dakota State University |url=https://www.ndsu.edu/news/view/detail/29367 |access-date=August 13, 2023 |website=www.ndsu.edu}}</ref> Most students live off-campus in the surrounding Roosevelt neighborhood. The university has established a presence downtown through both academic buildings and apartment housing. In addition, [[North Dakota State Bison football|NDSU Bison Football]] has gained a significant following among many area residents. In recent years, Fargo has also become a regional technology and healthcare hub, as a result of [[Microsoft]] and [[Sanford Health]] both building regional campuses in the city center.<ref>{{Cite web |date=July 9, 2019 |title=What's behind Fargo-Moorhead's boom? |url=https://www.minnpost.com/economy/2019/07/whats-behind-fargo-moorheads-boom/ |access-date=August 13, 2023 |publisher=[[MinnPost]] |language=en-US}}</ref> Since the late 1990s, the Fargo-Moorhead [[United States metropolitan area|Metropolitan Statistical Area]] has consistently had one of the lowest unemployment rates among MSAs in the United States.<ref>{{Cite web |title=Fargo, ND-MN Economy at a Glance |url=https://www.bls.gov/eag/eag.nd_fargo_msa.htm |access-date=August 19, 2023 |website=[[Bureau of Labor Statistics]] |language=en}}</ref> On July 14, 2023, 37-year-old Mohamad Barakat [[2023 shooting of Fargo police officers|opened fire on a group of police officers]] in the city who were responding to an unrelated traffic accident. One officer was killed and two others were injured before Barakat was killed by one of the officers at the scene.<ref>{{Cite web |last= |first= |title=Dramatic video footage shows shooting ambush in Fargo that killed an officer last month |url=https://abcnews.go.com/US/wireStory/officials-discuss-video-evidence-fargo-shooting-ambush-102342098 |access-date=August 26, 2023 |website=ABC News |language=en}}</ref>
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