Ritz-Carlton

The views are spectacular from the balcony of unit 1504 in tower II of the Ritz-Carlton.

I’ve found a real gem in Uptown, a 15th-story condo at The Tower Residences at Ritz-Carlton. It offers incredible views, a gorgeous contemporary interior, and access to the world-class, five-star hotel amenities and concierge services offered at the Ritz-Carlton.

Unit 1504 at 2555 N. Pearl St. is one of only two properties on the market for under a million dollars in either Ritz-Carlton tower, and the only one bedroom at this price point. That’s notable because the penthouse in this second tower just sold for one of the highest prices ever paid for a high-rise residential unit in Dallas. Additionally, the unit overlooks the landmark Crescent property and the upcoming Crescent Park, a $65- million renovation that will feature an expanded shopping and dining arcade across the street. This is the place to live!

I love how walkable this area is: a block to Klyde Warren Park and the Dallas Arts District; great restaurants
and entertainment on every corner; the American Airlines Center down the street. Because this condo is on the
15th floor, street noise isn’t an issue. Plus, the balcony is not west-facing, so it stays cooler in the unit than
those that face the blazing Texas sun in the afternoon.

This property is listed by Jennifer Cloud Esq with Private Label Realty, who worked closely with the owner to update the space. For example, the once-purple walls are now a nice, neutral tone and contemporary lighting
that takes it up a notch was added in the dining and master areas. It stays the perfect temperature with a Nest thermostat.

They hired Staged by Stapp to ready the unit for sale, and almost everything you see is available for purchase with the condo, which has one bedroom, one full bathroom, one half bath, and 1,375 square feet, with access to the awesome balcony from both the living room and master. I’d love to give you a tour.

(more…)

Farmers Market Loft

Lofts tend to feel big because of high ceilings, tall windows, and few interior walls dividing up the space. But today’s Thursday Three Hundred really IS a big space—2,296 square feet with polished concrete floors, exposed ductwork, and huge iron windows that hinge open.

Unit 208 at 2220 Canton St. is located near the downtown Dallas Farmers Market in the historic Olive & Myers Furniture Company Building, constructed in 1925. Now called 2220 Canton, the building was renovated for residential living in 1996 by Corgan & Associates (same folks who did the Adam Hats Lofts nearby in Deep Ellum).

Their beautiful work won a Building Design award from the Dallas chapter of the American Institute of Architects. It is one of the few remaining examples of factory architecture in downtown Dallas and the property is now listed as a City of Dallas Landmark.

Farmers Market Loft

Not only does 2220 Canton offer an incredible location in the southwest part of downtown, check out that view from the rooftop pool deck above. Wow. Residents have access to a concierge during normal business hours, as well as a fitness center in the building and 1/3-mile walking track on the roof.

This unusual loft is newly listed by Holly Bock at Briggs Freeman Sotheby’s International for $390,350.

(more…)

The Park District is a new development planned for a 3-acre tract just north of Klyde Warren Park between Pearl and Olive streets.

The Park District is a new development planned for a 3-acre tract just north of Klyde Warren Park between Pearl and Olive streets.

Trammell Crow Company announced plans today for two separate towers on the land occupied by a Chase motor bank next to Klyde Warren Park. The development, a joint venture with MetLife, will form the self-described Park District, with structures designed by Dallas’ own HKS Architects. The Park District will include 916,000 square feet of space, including a Class A office tower, a luxury residential tower, ground-floor retail, below-grade parking, and a plaza designed by the same landscape architect that dreamed up Klyde Warren Park. All of this will sit on three acres between Pearl and Olive Streets just north of the park, and construction should start this year.

It’s a development that’s been in the works for a few years, according to MetLife’s Dallas real estate director Kurt Day.

“This project began almost ten years ago when we bought a small well-located parcel of land in Uptown,” Day said. “Uptown’s evolution and the effects of Klyde Warren Park over the last few years have been exciting, and we think Park District will raise the bar to the benefit of Uptown residents and workers.”

(more…)

1999 McKinney 1006 View

A friend of mine has a nickname or code word for his house. He calls it the “sexy dojo.” I know, it’s silly, but I also know he’s not the only one who has a nickname for their home.

I do, too. My husband and I call our little domicile the “House of England,” which is both literal and fanciful, and makes our modest 1,300-square-foot home seem a lot more grand. But for our Lease of the Week, I’ve already nicknamed it for the lucky tenant: “A Love Affair Pied a Terre.”

(more…)

9806 InwoodHave you noticed how the homes in Dallas are getting pricier? Maybe it has something to do with all the VIPs in town today, but a million dollar home now seems to be almost, well, commonplace. We know it takes almost a million to gain entry to Park Cities. But yowsers, now we are seeing a flurry of serious double digit listings, and I am not just talking about Tom Hick’s triple digit Crespi Estate. Dallas real estate seems to be on a roll as hot as the city itself. Talking to Phillip Day, vice president of residential sales at BahaMar, in Nassau, The Bahamas the other day at a SecondShelters event. By the way, Dallas was Phillip’s first stop in the United States for U.S. sales of this $3.5 billion dollar development. Phillip has been away from Dallas for a bit, having sold off luxury second home residences at The Residences Viceroy Anguilla. He drove around Dallas a bit before our soiree, and told me this: “You know how it is with your kiddos, when you see them every day and don’t realize how big they are getting? Then one day you measure them and see how they have just shot up. Well, that’s what has happened to Dallas.”

We now have The Bush Presidential Center. Our downtown is taking off with housing and Klyde Warren Park, Bishops Arts is flourishing with new commerce and home sales, Lakewood so hot that buyers are clamouring over each other for Hip Pockets, home prices in the Park Cities are climbing, even a West Dallas industrial ghetto is taking shape down in Trinity Groves. As DallasSouthNews reported last month, real estate developer and restauranteur Phil Romano is “going against the grain” south of the Calatrava, but it’s working:

“Most places build apartments first or housing, but we’re doing the opposite, bringing the entertainment and amenities to the area first,” said (Butch) McGregor, the partner that first assembled the land parcels for the development.

I guess it’s the energy sector fueling growth across Texas and the nation, or at least that’s what Bud Weinstein, associate director of the Maguire Energy Institute at Southern Methodist University told the Fort Worth Star Telegram recently:

“There’s no question we are in the midst of an energy boom unlike anything we’ve seen since the 1970s, and the difference this time is not just in Texas, Oklahoma and the Southwest. It’s all over the country. Wherever there is drilling and production of oil and gas from shale plays, you are seeing significant population and job growth,” he said.

Case in point: 6601 Hunters Glen, the $19 million dollar home of Tracy and Richard Cheatham listed for $19.5 million that sold on Good Friday for just under $16.4. Listed with Erin Mathews at Allie Beth Allman, another Allie Beth power team brought the buyer, who I’m told is mighty young: Alex Perry, Jenica Williamson and Kari Schlegel Kloewer. Richard Cheatham was with Hunt Oil, and they bought Hunters Glen from Jimmy and Carl Westcott in 2008.  It sits on 1.8 acres in the honeypot of University Park, with a tennis court, putting green and two-story cabana.

Well, you make money in energy, and you need accountants, wealth advisors, lawyers. Fresh on the market is 9806 Inwood Road in Preston Hollow, almost 15,000 square feet on 5.3 acres listed with dynamo Christy Berry of Briggs Freeman Sothebys. You thought Hunter’s Glen was orgasmic? Did you dig 4939 Manson Court? Baby, you haven’t seen anything until you see this home.