The Deep Ellum district in downtown Dallas is home to a vibrant arts and entertainment scene. (Photo: Steve Rainwater via Creative Commons)

The January release of “The WalkUP Wake-Up Call: Dallas-Fort Worth” happened quietly, though the implications for investment are huge.

This is the largest study done on D-FW on the most profitable type of real estate in the nation. Walkable Urban Places (WalkUPs) are seeing higher property values, lower vacancy, and commanding higher rental rates. Even through the last recession, WalkUPs saw lower vacancy and quicker leasing rates than places designed in a primarily drivable sub-urban orientation.

Walkable Urban Places are also proving to be the most economically, socially, environmentally, and even psychologically beneficial type of real estate.

The report, assembled by a team of researchers from George Washington University’s Center for Real Estate and Urban Analysis, identifies the places in DFW that exemplify this national trend. The study delves into the key indicators for successful Established WalkUPs and the Emerging WalkUP markets ripe for investment.

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Photo by Simon Luna photography

Corsicana invites you into their booming downtown and onto the porches of their historic Carriage District this weekend with their Inaugural Porchfest and Crafternoon. You may have heard of the Porchfest craze sweeping the nation musicians playing on grand porches of neighborhood homes for a family-friendly afternoon of socializing and entertainment. (more…)

Valton and Jennifer Morgan with their son at Klyde Warren Park.

When you hear of someone moving to Uptown you probably assume, like me, it’s not because it will save them money. And not because it’s a great place to raise kids. For Jennifer Morgan and her family, though, both of those proved to be true. She and her husband and son are are saving money, are happier than ever, and are even finally planning a long-anticipated family vacation.

It all started with a spreadsheet of family expenses — and the recognition that life was not as satisfying as they’d planned. Jennifer had worked in Uptown for 13 years and her husband, Valton, had begun working in Uptown about 2.5 years ago. Which meant they both commuted almost an hour and a half, each way, to their home near Frisco. Even though they worked in the same area, their son’s school schedule made it impossible to carpool.

By the time they got home, their 8-year-old son had been at school or daycare all day and was over sitting still, over doing homework, and was a rowdy, moody handful. And they had just enough time for dinner, bath, and bed. They missed spending quality time with their son. And each other.

But it was this spreadsheet (after the jump) that convinced them to seriously consider making a move — then every other question mark fell into place one by one, better than they could’ve imagined.

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Logo Sign - PRINT 16x16

If you like the idea of having a home on the range but can’t imagine living in the middle of nowhere, you might take a look at Corsicana. The first oil boom town in Texas, it was founded in 1848 and by the early 1900s it was one of the top 10 cities in the nation with the most millionaires. It’s stuck to its small-town roots ever since.

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Under the Houston St Viaduct. Taken by Amanda Popken

Kayaking Under the Houston St Viaduct, 2013. (Photo: Amanda Popken)

This Wednesday you’re invited to join a discussion about the Trinity.
A river that has defined our city for over a century.
Yet its place in our lives still remains little more than afterthought.

Millions of taxpayer dollars funded a very extensive plan:
To build, beautify, and manage this park — has anyone actually read it?
Years have passed applying for approvals, securing bonds, political wars, a design contest, expert opinions and decades later we have:
A few more trails, fewer trees, stunning bridges, and a death-defying rapid.

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IdeaBoard

By Amanda Popken
Special Contributor

It’s been 4 years since the Downtown360 plan was created, and so much has changed! It’s time for an update. This week, Downtown Dallas Inc. held the kickoff meeting to begin soliciting input. The input phase will last through October, then the technical studies, microplans, and implementation plans phase will continue through May of 2016. We should have an updated plan by next summer.

If you’d like to give your two cents, keep checking the calendar (be patient – the project website just launched so it’s not fully updated and bug-free yet), or just join DDI’s email newsletter list.

You might already know that Downtown Dallas Inc. manages the Public Improvement District for downtown Dallas. That gives them funding to support the district with things like marketing, security, events, and even bigger substantial changes (like purchasing city rights-of-way.) But they really see their role as more than just a leader in downtown, but the connecting force between all the neighborhoods surrounding downtown. These nine neighborhoods, plus the seven in downtown proper, make up the 16 ‘hoods in the 360 plan. So if you live in, work in, or care about any of these places, you’re invited to participate.
Map-website

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Buzz Unit 409 Buzz Lofts

Is the Cedars — a neighborhood of once-industrial properties just south of downtown — the next big thing in Dallas?

If you’re to answer that question with the number of new and upcoming projects in the neighborhood, which include a new Alamo Drafthouse and a redeveloped Plaza Hotel using TIF funds, as well as the number of businesses attracted to the area, then yes, it’s the “next big thing.” But for those who live in any of the myriad cool loft developments in the area, it’s always been a great place to be.

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