Perched in the highly buzzed about Museum Tower sits this stunning condo with breathtaking, unobstructed city views. It’s just waiting to get snapped up, the only question is, who will be the lucky new owner? If you’re looking to jazz things up and find a home in the heart of Dallas, then this newly listed pristine home in the sky was made for you. 

Views, views, everywhere you look. When you walk in and see the airy, open floor plan and floor-to-ceiling walls of glass, you’ll instantly feel a zap of Dallas Arts District glamour, and your guests will have that same electrifying reaction as well. This condo, with modern and sleek style, lets Dallas truly shine. And when it’s filled with friends and family, that same simple yet captivating design allows the people inside to be the stars as well. 

(more…)

Museum Tower

There’s a lot to be said for living downtown — especially in a property like the Museum Tower. Views for days, the convenience of being right in the middle of everything, and incredible amenities have made the tower one of the premier places to nest in Dallas.

So when we saw a unit available to lease, and on such a great perch as the 36th floor, we decided it was this week’s Luxury Lease, hands down. (more…)

The penthouse is still available at $16.5 million

Museum Tower has hit a crucially important sales milestone: 80% sold. Which means 100% is in the very near future. In high rises, sales multiply more rapidly with every signed contract.

And for Museum Tower, one of the contracts that put them in the 80 percent club came from another prominent Dallas family moving out of Preston Hollow. They will be in good company. (Editor’s Note: upon request and respect for privacy, we have removed the names of the high profile homeowners though it is public record.) 

Currently there are 108 homes, after legal combinations of units, and only 22 homes left to sell.

22/108 =20.37%

The 42-story luxury tower is now five years old. And for Steve Sandborg, Managing Director, Sales and Operations, this sales threshold couldn’t be a better holiday gift.

“We’ve been inching towards that magic 8-0 number, we’ve had a strong year, so we knew we would get here by now,” says Steve. “Museum Tower is a very special place, and nobody has this perfect location, in the center of everything.”

Steve and the Briggs Freeman real estate team working tirelessly toward 100% sales says interest in the building seems to get stronger every day.

“The buzz around town is that we are THEE place,” says Steve.   (more…)

The Stoneleigh's Movie Theater

The Stoneleigh’s Movie Theater

There are a lot of variables to consider when purchasing a high-rise condo.  I’m creating a bit of a buyer’s guide to help you compare and contrast the various buildings in Dallas. Parts One and Two covered those high-rises where all utilities are included with their monthly HOA dues … and the waaay north Bonaventure and Grand Treviso — in Irving for gosh sakes — Irving.

The following two columns will cover Dallas’ most expensive buildings.  These buildings are the household names of unaffordable, aspirational living that a mountain of winning scratch-off tickets wouldn’t get you into.

Throughout this series, I’m pointing out things about high-rises that most haven’t considered.

(more…)

Museum Tower (3)

Word just in that the ink is dry on yet another contract pushing Museum Tower’s sales up over the 60% point, as I predicted it would soon be back in May, when we did our PartyLine show there.

“With homes closed and in escrow, Museum Tower is over 60% sold on both sale-able square foot basis and unit basis,” says Steve Sandborg, Managing Director, Sales & Operations.

Meanwhile, the Dow is coming back up as we realize that Brexit isn’t going to be so painful, not to us at least. Shall we take a wager on when MT hits 70% in sales? I’m gonna say around September 30….

 

 

Museum Tower Party

Museum Tower Party Line Real Estate at the Penthouse!

As we told you a few weeks ago, Museum Tower has now sold more than HALF of the luxury high end condo units available, and by the time you read this the number could be 55 percent or even 60. The sales team has pushed, but most buyers are just in love with the building so much that they want even bigger homes, or they want friends to buy next door. Buyers have included VIPs to multiple home owners to  sprinkling of Millennials who think Museum Tower is the best possible place to live not just in Dallas, but anywhere.

And of course, the 10,000-square-foot penthouse is available on the tip top floor marketed for about $21 million. Pricey, yes, but you have a raw shell to do whatever you want in, including rooftop space for a patio, pool, even a heli-pad. The possibilities are endless.

Here’s your chance to take a look at the Museum Tower penthouse, with our latest Party Line Real Estate show. This time, we talked not just to the agents and buyers, but press — Jeff Crilley came — and urban living experts like Kourtny Garrett, President of Downtown Dallas Inc., who tells us about the growing urban culture in Dallas — cycling, trails, parks, downtown recreation and even kids:

(more…)

31-London-Street-skyscraper-by-Renzo-Piano8-thumb

As Curbed points out, 2015 was a very good year for starchitect Renzo Piano, what with the opening of the Whitney Museum and his inclusion in the final round of firms submitting for the Obama Presidential Library.

Piano is, of course, the architect of our own Nasher Sculpture Center, which claims neighbor Museum Tower is threatening artworks in the galleries, burning the plants in the center’s garden and blinding visitors with its glare. For years both parties have been trying to find a solution, but that all stopped last August. Piano has said it would be “impossible” for the museum building to make adjustments to offset the glare.

But he is having a bit of karmatic trouble lately in London, “where his plan for a 72-story skyscraper there, nicknamed the Tube, has been withdrawn due to pressure from locals and protests against the larger development,” according to Curbed. Complaint: it’s too tall and may impose on neighboring developments. The renovation of Paddington Station in West London would have included 200,000 feet of office spaces, restaurants and shops. Developer Irvine Sellar is a huge Piano fan: he previously worked with Piano to develop The Shard, London’s tallest tower and the anchor of another ambitious development. Shard II The Tube was expected to cost up to £600 million ($927 million). But this is an ouch: The Architects’ Journal headline reads: “Piano’s Paddington Pole pulled from planning. (more…)

James A. Perry (via LinkedIn)

James A. Perry (via LinkedIn)

After a few negative headlines, including a potential FBI inquiry and some trepidation about some serious losses, the Dallas Police and Fire Pension System has created a new position to oversee the $3.1 billion portfolio that funds the retirement income of our city’s first responders.

The pension system has brought in Texas Tech University System assistant chancellor James A. Perry as the Chief Investment Officer. Perry has more than 20 years of investment management experience, according to the pension board. He’s overseen public assets in California and in Texas.

Perry is scheduled to start Sept. 1. He’ll report to the pension system’s executive director, Kelly Gottschalk.

(more…)