Dallas High-Rise

Preston Center Task Force: The Pink Wall is a Restricted Community, No Section 8 Housing Here!

By Jon Anderson / March 4, 2016 / 1 Comment

Last night I spent time at Preston Tower listening to Steve Dawson, the Pink Wall representative on the Preston Center Task Force explain the area’s poison pills for redevelopment. There are two ways land usage can be shaped. Either through city/municipal zoning or through civil covenants and deed restrictions. According to the Task Force, aside […]

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Bleu Ciel: Prices For This Luxury High-Rise Continue Up, Up and Away

By Jon Anderson / March 3, 2016 / 0 Comments

In April 2015, just a few months after I started this gig, I noticed that Bleu Ciel’s prices had jumped. Well, it’s done happened again! Today saw a further 2 to 4.5 percent increase on top of the 15-ish percent they’d jumped since pricing was announced. For the “teaser” units on the MLS that translates […]

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From Shell to sWan at the W Residences: Why Buying a Blank Canvas Can Be Your Best Bet

By Jon Anderson / November 20, 2015 / 0 Comments

Recently I was invited back to The W Residences to see a special transformation … unit number 2404 to be exact. The home was purchased by the current owner as a shell from the developer. It was the second shell purchased after the owner realized the views weren’t quite right.  And kiddos, it’s all about […]

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Dallas High-Rise Demographics, Part 3: Where the Walkers Are

By Jon Anderson / August 19, 2015 / 3 Comments

In last week’s second of three articles on high-rise demographics, I wrote about Dallas’ youngest high-rise populations. I noted that in those younger buildings, there were usually high rates of non-homestead owners – some as high as 75 percent. I think non-homestead ownership is worth noting because, in addition to owner age and worth, it […]

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High-Rises Demographics, Part 2: Where the Youngin’s Are

By Jon Anderson / August 11, 2015 / 2 Comments

In the first part of this series I wrote about how unit prices, resident age and income are data points for high-rise buyers to consider before purchasing their castle in the sky. The reason for these calculations is to better understand if a building matches a buyer’s philosophy. Of course this information doesn’t produce a […]

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Smoke on the Wall-ter: More Real Estate Plots Behind the Pink Wall

By Jon Anderson / August 7, 2015 / 0 Comments

Several sources have overheard that some of the “natives” are getting restless behind the Pink Wall. Specifically that the two neighboring condo buildings at 6307 and 6306 Diamond Head Circle (Royal Orleans and Diplomat) were seeking an agent to market the properties to developers. One source said a developer (Providence, folks who brought us Preston […]

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