If you haven’t been to the Bishop Arts District lately, it’s probably because you couldn’t find a place to park, but here’s some good news if you’re not afraid to hop on a 10-speed.

You can buy the cutest little house, move in, and ride on over to the Bish, la Arts, the BAD, or whatever other nicknames you want to call arguably one of the hottest spots in all of Dallas.

Listing agent Jenni Stolarski of Compass lives in Oak Cliff herself. She knows the area and always seems to snag the best houses.

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The street-level experience provided by the Novel Bishop Arts building is unlike anything else that developers are creating, with fancy brick patterns and quirky-yet-functional bike racks.

With all the new development around the Bishop Arts District, there’s some steep competition coming online in the apartment market.

From the get-go, Crescent Communities has worked hard to set themselves apart. I remember sitting in Rob Shearer’s living room probably two years ago with a handful of other neighborhood residents, to meet with Michael Blackwell, Managing Director at Crescent Communities, and discuss their proposed project.

Unlike some developers in the North Oak Cliff area, Crescent Communities came out of the gate with more community support than expected. They brought in longtime Oak Cliff resident Andrew Howard of Team Better Block to consult on design and look into creative tenanting, then he built them the coolest Christmas Tree you’ve ever seen in a real estate development.

The Grinch Who Stole Christmas-inspired Christmas tree at Novel Bishop Arts. (Installation and photo by Andrew Howard)

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When looking at townhomes, one of the big pluses over a condo unit is outdoor space. However, those staircases in two- and three-story townhomes often mean sacrificing storage space. However, that’s not so with our Inwood Home of the Week, a Turtle Creek brownstone with tons of thoughtful built-ins and plenty of spots to stash your stuff.

Plus, the location can’t be beat, says Compass listing agent Mohammed Jaber of 3701 Routh St. Unit A.

“Location, location, location!” he gushed. “This unit has proximity to the Katy Trail, Turtle Creek, restaurants, shopping, and nightlife.”

Of course, for a lot of people, moving into a townhome often means a smaller footprint. Where do you store all of your things once you’ve downsized? In this listing’s case, wherever you want. That’s the exceptional value you can find in our Inwood Home of the Week presented by Inwood National Bank.

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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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Adding more single-family housing in downtown Dallas has definitely increased the vibrancy of our urban core, as the once desolate city center now has more full-time families and businesses. The days of downtown turning into a ghost town at 5 p.m. could be over. 

If you want an urban lifestyle but don’t want to live in a high-rise, a townhome is the perfect compromise. Lucky for you, the Farmers Market area on the southeast side of downtown Dallas has a great inventory of relatively new builds, including this stunning unit listed by Sam Sawyer of The Collective Residential.

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SamsCityplace

Despite the decision from the Fifth District Court of Appeals, it won’t slow construction of the Sam’s Club at Cityplace.

A new decision on the proposed Sam’s Club at Cityplace is giving the East Village Association reason to celebrate. Robert Wilonsky has the news on the Fifth District Court of Appeals’ memorandum, ordering the case back to trial court. It’s a blow to city staff, which argued that the neighborhood association has no standing to sue.

According to Justice David Schenk’s opinion, Wilonsky says, “the court disagrees with the city’s assertion that the East Village Association — which was formed in opposition to the Sam’s Club — doesn’t even have standing to bring this suit in the first place. If nothing else, says the justice, at least one of its members lives close enough to the property to justify the lawsuit even without the association’s help.”

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Photos: Shoot2Sell

As Amanda Popken noted in one of her most recent columns here on CandysDirt.com, “67 percent of residents in Dallas-Fort Worth want to live in a walkable community at some point in their lives” and yet only 4 percent and 1.5 percent of the entire region can be classified as walkable. That’s why there’s such great demand for properties in Uptown, Deep Ellum, and urban neighborhoods where you can easily traipse from your front door to restaurants, shopping, and nightlife.

That’s one of the things this gorgeous townhome on State Street has going for it, but there’s much more to this beautiful home than its accessiblity. It’s truly a high-caliber home in an excellent location. As soon as you see it, you’re sure to fall in love, so don’t take any chances with financing. Call Lisa Peters at Caliber Home Loans today so you can put your highest and best offer in on this beautiful, walkable, enviable home.

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Blue-Walkable Places Ad-CNU-smallest

The Congress for the New Urbanism’s 23rd annual Congress (CNU 23), is in Dallas-Fort Worth this week, today through Saturday. CNU is the nation’s leading organization promoting walkable, mixed-use neighborhood development; sustainable communities; and healthier living conditions.



This year’s theme, “Meeting the Demand for Walkability,” was coined after learning that 68 percent of D/FW residents of all ages want to live in a walkable neighborhood at some point in their life, yet only 4 percent of the Dallas market and 1.5 percent of the greater D/FW market offer a home in a walkable area. The idea isn’t that Uptown is for everyone, but that the demand for Uptown is so high because the supply is so low. (You see the opportunity here — great walkable neighborhoods all over DFW.)

If this piques your interest, there are a few ways you can join the conversation for free. Jump to find out more

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