The UDistrict is a great neighborhood. Lots of smaller shops and the University of Washington. On May 21st and 22nd from 10-6pm, the neiborhood and vendors are getting together for the 42nd Annual Street Fair. With a total of 364 booths, of which 52 are for food, there will be plenty to see and do! http://udistrictchamber.org/StreetFair/2011VendorsCat.html
Parking is limited in this area, and be prepared to walk a lot. But, you can also get there by bus. See http://udistrictchamber.org/StreetFair/GettingHere.html for where to park and how to get there.