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The Lacebark Elm makes a great ornamental shade tree because of it's spread that can reach an impressive 45' and grow to heights of 40'-50' at maturity. This tree grows at a medium/fast rate and does best in acidic, loamy, moist and clay setting. Lacebark Elms prefer full sun/partial shade which means it needs at least 4 hours of unfiltered sunlight per day.