What happened to Little Burgundy?

Can you tell me, what exactly transpired with Little Burgundy? I've heard whispers about its decline, but I'm eager to get a clear picture of the situation. Did market forces play a role? Was it a strategic misstep? Or perhaps, were there unforeseen circumstances that led to its downfall? I'm particularly interested in understanding the timeline of events and the factors that contributed to this outcome. Could you elaborate on the matter in detail?