Dallas High-Rise
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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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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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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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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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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