Fair Park Area (Dallas, Bryan, Groves: appointed, real estate, apartments)

[nomnomnomnom]

Wanted to hear everyone's ideas on the residential areas around and behind fair park. Does anyone else see the area getting nicer and more cleaned up in the next five years? With whats happening in East and West Dallas, is south Dallas going to be next to be gentrified? With how close it is to Downtown, and with as many homes that are in the area it's hard to imagine the area not being overtaken sooner or later. Any thoughts?

[numbersguy100]

If you have a 5 year horizon you are going to be disappointed.

[TurtleCreek80]

Originally Posted by nomnomnomnom

Wanted to hear everyone's ideas on the residential areas around and behind fair park. Does anyone else see the area getting nicer and more cleaned up in the next five years?

More cleaned up? Yes, a lot of non-profits are working in that area. Nicer to the point I'd buy property there, or have any reason to go other than the Fair or a musical? Nope.

Originally Posted by nomnomnomnom

With whats happening in East and West Dallas, is south Dallas going to be next to be gentrified? With how close it is to Downtown, and with as many homes that are in the area it's hard to imagine the area not being overtaken sooner or later. Any thoughts?

I think the gentrification will continue generally along the lines of where the better public schools are- ie, other schools in Woodrow Wilson feeder pattern like Sanger and Mount Auburn, maybe the Bryan Adams feeder pattern with the strength of Hexter and Lochwood real estate gwtting so expensive, maybe another elementary close to Rosemont inNorth Oak Cliff will "pop".

I also think for condos and apartments that the Design District will eventually run together with Trinity Groves and Sylvan 30- a second uptown west of 35.

North of downtown, it will be interesting to see what happens with the "Midtown" project (east of 75 near Meadow) and the redevelopment of what is currently Valley View into a mixed use project. Both projects are adjacent to areas that could gentrify if the projects are successful.

South Dallas? Possibly not in my lifetime and I'm not that old.

[ChristieP]

I agree with TC80. Fair Park didn't get the way it is overnight, and it's going to take just as long to clean it up.

[TheOverdog]

I also think 5 years is too short - towards Love Field and across the Trinity in the Trinity Groves area are the next areas to be redeveloped around downtown. Unless something dramatic happens in terms of Fair Park or the State Fair.

[nomnomnomnom]

Originally Posted by TheOverdog

I also think 5 years is too short - towards Love Field and across the Trinity in the Trinity Groves area are the next areas to be redeveloped around downtown. Unless something dramatic happens in terms of Fair Park or the State Fair.

Dallas' Time managing Fair Park May Be Drawing to a Close | Dallas Observer

There is this, not sure if it will help though.

[numbersguy100]

Originally Posted by TurtleCreek80

maybe another elementary close to Rosemont inNorth Oak Cliff will "pop".

If you're trying to "bet" on an area to gentrify (a very risky proposition), I'd probably look at the potential conversion of Hogg into a STEAM school of choice. If the interest in Bonham is any indication, I'd bet that Hogg as a STEAM school would be highly sought after (citywide and in Oak Cliff). The trick is that the attendance zone is small and already getting pricey due to proximity to Bishop Arts, and much of it has been re-zoned for apartments due to the street car project and desire for density. That pushes you into either Reagan or Bowie attendance zones to take advantage of the Hogg conversion, and even at that you'd just be hoping the Adamson feeder pattern gets preference at Hogg.

You can see why betting on gentrification to change an area and increase property values is a gamble. Meanwhile, there are still so many un-gentrified neighborhoods and properties in Dallas that are close to the urban core. Your assumption that they are in short supply and would therefore HAVE to happen in South Dallas is incorrect.

[nomnomnomnom]

So what i'm seeing is 5 years, probably not. What about 8-10 years. Is this area always just going to be a rough part of town?

[TurtleCreek80]

Originally Posted by nomnomnomnom

So what i'm seeing is 5 years, probably not. What about 8-10 years. Is this area always just going to be a rough part of town?

No one has a crystal ball. I'm curious as to the root of your questions- are you thinking about buying land down there? Or just curious?

Even if the neighborhoods adjacent to Fair Park gentrified, the entire area is surrounded by a cesspool of violence, drugs, gangs, poverty, and blight. It just has SO FAR to go. Not to say never- even parts of the South Bronx are gentrifying now, but that has been 25 years in the making.

[Danbo1957]

No. Just no.