Which grocery store has the "Starbucks Effect": Trader Joe's or Whole Food?

Which grocery store has the “Starbucks Effect”: Trader Joe’s or Whole Food? (Photo: t2RealEstate)

Which upscale grocery has the “Starbucks Effect”: Whole Foods or Trader Joes? That’s what RealtyTrac recently analyzed.

If you haven’t heard of the “Starbucks Effect” here’s a little primer:

“Homes in the Dallas-Fort Worth metro appreciated 49.7 percent between January 1997 and December 2013,” Humphries said. “But if you look just at homes in the Dallas-Fort Worth metro and within a quarter mile of a Starbucks, you see the Starbucks effect: Those homes appreciated 56.9 percent.”

Humphries said they were surprised by how decisive the results were.

“Over the past 17 years, we found that homes within a quarter mile of a Starbucks doubled in value, whereas the average home in the U.S. appreciated 65 percent over the same time,” he said.

Well, Dallas has Whole Foods locations in the Park Cities and Preston Hollow, two of the priciest neighborhoods in Dallas. But you can find Trader Joe’s on Lower Greenville, in Lake Highlands, and in Inwood Village — all up-and-coming areas with great character and rising home values …

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Anteks Curated not only has a gorgeous selection of gifts, but it will host the Friends of Wednesday's Child luncheon kickoff Jan. 27.

Anteks Curated not only has a gorgeous selection of gifts, but it will host the Friends of Wednesday’s Child luncheon kickoff Jan. 27.

Surely you’ve heard of the amazing nonprofit Friends of Wednesday’s Child. This group does such important work for children who are lost in the shuffle of foster families, looking for a permanent home where they can thrive. They work to improve the lives of these children through education, enrichment, and support, and they do such a wonderful job!

If you’re considering supporting an area nonprofit that is proven to change the lives of children who need it most then you’ll want to support Friends of Wednesday’s Child at their luncheon kickoff Jan. 27. Anteks Curated inside the Plaza at Preston Center will host the reception, which will have wine and hors d’oeuvres, along with the opportunity to shop the beautiful accessories and gifts inside Jason Lenox’s Park Cities outpost of his well-known store in the Design District.

So go, shop, celebrate the great work Friends of Wednesday’s Child does the with luncheon chair Cachet Weinberg and honorary luncheon chairs Amanda and Brint Ryan at Anteks Curated. All you have to do is RSVP to rsvp (at) wedchild (dot) org.

belkdayfinal-web

It’s Monday afternoon, and wine awaits me at a hip pocket about to go on the market. So I must decide which wonderful southern-style phrase folks sent in response to our charity ticket give-away wins the gin for this Thursday evening.

You have heard by now of Belk, the new, hip, but oh so southern department store coming into the old Marshall Fields/Saks Fifth Avenue store at the Dallas Galleria. You recall how we interviewed the store’s (hot) manager, Salem Boohaker, found him finer than frog hair split four ways. We helped him find a place to roost in Uptown. Then he gave me a gift of Juicy Couture cosmetics last Friday. I mean, how does it get any better? (more…)