Traditionally, downtown was for business; not many people lived there. However, here, as with many other aspects of Dallas, old rules no longer apply. Dallas has attracted numerous corporate headquarters relocations, for lots of reasons It's in the middle of the country, it's got a world-class airport, housing is very affordable, it's got great weather for most of the year and…..on and on.
Old and new form an energetic blend downtown. Downtown is the home of one of the most famous stores in the world, Neiman Marcus. Its flagship 1920's store and corporate headquarters are still on Main Street. The Arts District is nearing completion. A six-acre deck park over Woodall Rodgers Freeway, the highway that separates downtown from Uptown, will also be complete in 2012.
On the south side of downtown, the Cedars neighborhood has emerged as a cool place for trendsetters to live, in developments such as the Buzz and The Beat.
The housing stock downtown has been primarily rental, but there are several conversions of old buildings that offer condominium residences. These include Soco Lofts and 1505 Elm. These conversions either tend to be loft-like or redos of streamlined mid-century structures. On the east side of town, Deep Ellum has a wide range of condominium lofts, often created out of early 20th century warehouses. With luxurious One Arts Plaza and Museum Tower, downtown’s profile as a residential neighborhood has been raised still further.