Oak Cliff Part 1

Ok, I have a confession to make. I have an infatuation with oak cliff. The architecture , the style and the lifestyle of this area make this area a hot area. It is an upcoming area that draws the yuppie and alternate lifestyle crowd.

If anybody pays attention to real estate trends or investing trends or just has plain common sense this is a good thing. It's a great thing...

Many people have said this area is coming back but a lot of people don't know about it. I always said this area was going to come back as much as 5 years ago when i discovered it for myself.

I'm not a dallas native but I have learned most of the surrounding areas from driving around the past 10 years. One thing I can say about this area is that it's close to downtown which should be a big indicator of a turn around.

Most people know that the new suburbia is near downtown. It's a national trend that's been happening everywhere. It's alive and strong in the dallas and fort worth metroplexes. It's even happening in the smaller suburbs that surround the major cities. Look at downtown plano, grapevine, plano, frisco, flower mound, denton, mckinney and many more...

Those downtowns are actually having good growth with renewed interests towards mixed used projects to make these areas more lively.

Oak cliff currently has a lot of investment being poured into the area. There are several commercial projects underway, some that have been complete and many that have been planned.

But what you need to realize... Is that there is lots of room for the individual investor to make money in this area.

This area use to be the nicer part of dallas way back then...

It may have been over 50 years ago but it was one of the nicer parts. Over time they've taken mansions and turned them into 4 plexes, 8 plexes and duplexes and investors are coming back turning them into nice single family homes or super nice duplexes and 4 plexes. This area is on the rise. Take notice and look around.

You can't miss it!!!

Let's take a look at some of the developments in this area:

www.KesslerWodds.com - This is a very unique development that adds to the uniquenous of Oak Cliff. It places the ultra modern design in the middle of the classic style of oak cliff. These home range from $700,000 to over $2 Million.
www.LakeCliffTower.com - This is great development at the corner of zang and colorado. This used to be a hotel that was constructed back in the 1930's and has been abandon for years. It was recently converted into condominiums that sell in the $200k to $300k range.

David Weekly Homes built town homes at the corner of bishop and Colorado.

Bishop Arts plaza - Mixed used develop at the corner of Bishop and Colorado across from methodist hostpital

Check out the bishop arts district website which is different from the bishop arts plaza
www.BishopArtsDistrict

These are just a sampling of some of the projects underway or on the rise.

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Eric Love
VIP Realty
Your DFW Investment Source

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