Don Carter Started the New Year Right, With a Penthouse at The Ritz-Carlton Residences

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Ritz residences receptionDon Carter sure got 2014 off to a great start by buying the last available penthouse space at the Residences at the Ritz-Carlton, Tower I. That would be unit 1802.

After selling his stately Georgian mansion at 4000 University in the Park Cities last July, 2013, I was told he was building out a huge unit at The Stoneleigh.

His home at 4000 University had a huge lap pool and putting green! There are six living areas, a bar room, wine cellar, two story formal foyer with split staircase, and full theater. In fact, Don unloaded a lot of his Dallas real estate portfolio last year: the man who basically birthed and nurtured the Dallas Mavericks into the sixth most valuable basketball team in the U.S. sold off his to-die-for North West Tower W condo of many levels in early October. The W was a giant custom unit, just shy of 4,000 square feet with two bedrooms, three full baths and one half as powder room on the 27th floor.

Well, on January 31 of this year, Carter snapped up the last unfinished shell space available in Tower 1. The possibilities are endless: the vast space ( 4258 square feet) could become a four bedroom mansion in the sky, with a bath for every bedroom and then some, a media room, separate den and of course all those 5-star hotel amenities including concierge, valet, room service, full service spa, fitness center, pet park, and the greatest people right at your fingertips.

Also, looking in DCAD, I see Mr. Carter is now down to owning just two residential properties here in Dallas, a unit at the W and this Ritz penthouse.

Wonder what happened at The Stoneleigh, why Carters didn’t buy there? I have heard they plan ten designer units for show at The Stoneleigh Residences, with top name designers decking out each of the models. Heard Sherry Hayslip will be one, heard designer Emily Summers (mother of Briggs Freeman Sotheby’s agent Caroline Summers) will NOT. Except for the model units, the Stoneleigh will be left as a shell for buyers to create their own world, kind of just like what Mr. Carter is doing now in 1802 North Pearl Street. Other high profile Ritz I owners include Dr. Jeff Adelglass, Kevin Twomey, Denny Alberts, Tim Headington, Ron Haddock, William Solomon, Ronald Disney, and Charles and Moll Anderson who bought Tim Headington’s penthouse on the 21st floor.


Candy Evans

A real estate muckraker, Candy Evans is one of the nation’s leading real estate reporters. She is also the North Texas real estate editor for, CultureMap Dallas, Modern Luxury Dallas, & the Katy Trail Weekly. Candy has written for Joel Kotkin’s The New Geography, Inman Real Estate News, plus a host of national sites. Constantly breaking celebrity real estate news, she scooped former president George W. Bush's Dallas home in 2008. She is the founder and publisher of her signature, and, devoted to the vacation home market. Her verticals have won many awards, including Best Blog by the venerable National Association of Real Estate Editors, one of the nation’s oldest and most prestigious journalism associations. Candy holds an active Texas real estate license but does not sell. She is on the Board of Directors of Braemar Hotels & Resorts (BHR).