This handsome, graceful tree has a rounded crown adorned with lustrous dark green leaves that change to yellow and reddish purple in fall. A landscape standout, the lacebark elm has distinctive bark, which is mottled and often creates colorful patterns in its trunk. Â Medium to fast growing, this elm adapts to many soil conditions and is relatively free from the diseases ravaging other elm species, making it a tough and durable tree for any situation. Â This tree is considered both a shade tree and an ornamental tree. It features a spreading canopy capable of blocking sunlight and adds visual interest and beauty to landscaping. It features distinctively exfoliating bark with a mottled pattern, often with shades of brown, gray, green and orange.