This is a well-written pattern with so many features I really love--the loose drapiness, the garter stitch, the contrast pocket. You'll recognize these features in many of my own designs if you are at all familiar with them. I do, however, have a slight quibble with the technique for doing I-cord along the lower borders.
Row 1 (WS): Sl3 pwise wyif, take yarn to back, knit to last 3 sts, p3.
Row 2 (RS): Sl3 pwise wyib, knit to end.
For me, this procedure leaves a bit of sloppiness on the edges, even if one does a little tightening up of the first stitch after the slipped stitches. It's not enough looseness that it's horribly noticeable, but it's enough looseness that it bothers me.
As often, it's a return to Elizabeth Zimmermann's basic I-cord technique, as presented in the practice swatch in her classic, "Knitting Around". (As an aside, you may be amused to know that this autobiography/knitting book is the ONLY knitting book my husband has found himself compelled to read.) Not only is the edge tidier, but it's more symmetrical on each side and consists of only one row.
Row 1: Knit to last 3 sts, yrn fwd, sl3 pwise.
Look how nice it is.
Now back to contemplating what colour to use for that contrast pocket lining in my Alanis. Teal? Blue/grey? Heliotrope?
P.S. If you are making Alanis and decide to use this version of I-cord edge, then I recommend that you also change the method by which the borders are joined up to a simple k3tog (last stitch from the RH needle + first two stitches from the LH one); this right-leaning double decrease will make a neater join with this form of I-cord.