Which Dallas areas ended up in the Top 100 'cool streets' list and why?Which Dallas areas ended up in the Top 100 'cool streets' list and why?https://www.recenter.tamu.edu/news/newstalk-texas/?Item=137922016-07-11T05:00:00Z2016-07-11T17:00:00Z

​​​​DALLAS - Bishop Arts District and Lower Greenville are among the Top 100 "Cool Streets" in the U.S. and Canada, according to a new report from commercial real estate service firm Cushman & Wakefield.

The phenomenon indicates that the next mega cycle of retail is in full swing, said Garrick Brown, vice president of retail research at Cushman & Wakefield.

Millennials are turning streets into cool districts faster than boring, homogeneous malls have sent shoppers online.

What makes a street cool?

The report is based on demographics and other characteristics including walkability, access to public transportation, and the number of locally owned or unique stores.

Other regional cool streets that made the list are East Austin, Houston's Lower Westheimer/Montrose, and San Antonio's Pearl Brewery District.

They are populated by midpriced apparel, accessories, and home stores that are tapping into the millennial consumers in a way that mainstream midprice retailers haven't, Brown said.

The rise of dozens of what the report calls edgy retail districts are almost all organic and are suddenly attracting a flood of interest from the traditional developer community, Brown said.​
Dallas Morning News
Dallas-Fort Worth-Arlington

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