Check out live music schedules, calendars and events at The Balcony Club Dallas. Perched above the Lakewood Theater in a beautiful art deco setting halfway between White Rock Lake and Highland Park, the club celebrates its 25th anniversary this year. With as many as three bands each night, The Balcony Club is the hippest room in Dallas for jazz, roots music and down home blues. Full bar. Friendly bartenders. Congenial crowd. Smoking allowed on balcony.