Please, visit Istanbul sometime. It follows those rules pretty closely. But don't just visit the historical districts -- visit the neighborhoods where there's a random skyscraper in the middle of otherwise low-rise residential. Nearly everyone gave up on building attractive buildings.
There is a character to a city, and it is easy to destroy the things that make them worth living in.
There is a character to a city, and it is easy to destroy the things that make them worth living in.