I know this dress might not look like much at first glance but I think it could be quite special with the right fabric and lace. I like the idea of two shoulder straps that you tie on top to make a cute bow that sits on your shoulder. The above picture just illustrates the idea of the two straps. The front bodice has stretchy shirring behind the ribbon corseting.
I see this being a winter/fall dress with nice think fabric. Perhaps a fabric with a texture to it like a light wool. I think a print would be a good idea as well. The lace that is along the hem and on the bodice would be nice if it was a woven or knit lace. I see this dress having an antique feel to it.