Southlake Town Center has been named the #1 most walkable neighborhood in the Dallas-Fort Worth Metroplex by D Magazine. In their recent article The Walkability Premium, D Magazine explores the value of Walkable Urban Places (or “WalkUPs”), which exist in both cities and suburbs. While this structural shift is sweeping metropolitan areas throughout the US, DFW has yet to embrace a return to walkable urbanism – with the exception of Southlake.
Walkable communities are not a recent phenomenon, nor are they a trend that’s likely to pass any time soon. With the US shifting toward a “knowledge economy” driven by tech companies like Google, Twitter, and Amazon, the demand for Walkable Urban Places is increasing. D Magazine’s research showed WalkUPs are gaining market share in every metropolitan region, and people are willing to pay more to live in these WalkUPs. On the other hand, they are seeing a huge decline in market share of drivable sub-urban built environments. With companies like Toyota and JP Morgan relocating their headquarters to North Texas last year, talent have flocked to areas like Southlake Town Square that provide the sought-after walkable lifestyle just a short commute from offices in and around Dallas-Fort Worth.
What makes walkability so valuable? From an economic perspective, Walkable Urban Places generate wealth by offering a higher quality of life that attracts talent and stimulates productivity, which in turn drives up home values. Studies show a significant correlation between WalkUPs and both higher education and metropolitan GDP.
From a human perspective, of course, this higher quality of life is paramount. As residents of The Garden District can attest, proximity to the shops and restaurants of Southlake Town Square provides an unmatched lifestyle that is as convenient as it is luxurious. High end retailers, elegant cafés, five star dining, and the best schools in Texas are all moments from your doorstep when you choose to live in The Parkview Residences. Southlake’s first – and only – luxury condominiums, The Parkview Residences offer handsomely appointed interiors, unparalleled amenities, and the ease and convenience of lock-and-leave living in the heart of Southlake Town Square.
Interested in learning more about luxury living in a walkable community? Contact our sales team today to find out more about The Parkview Residences at Southlake Town Square. Our experienced team will be able to answer any of your questions, and are happy to discuss the countless advantages to life within Southlake Town Square.