A celebration of life in the heart of Dallas

Monday, November 11, 2013

Soaring to New Heights

Luxury high rises such as Museum Tower are attracting homeowners who are excited about living in proximity to dining, entertainment and arts venues. 

A few months ago, residents of Museum Tower gathered on beautifully appointed balconies to enjoy a bird’s eye view of Aurora, an incredible light and art show that unfolded across the span of Dallas’ renowned Arts District.

Days later they strolled over to the Klyde WarrenPark, picnic baskets in hand, to experience the first simulcast performance of Bizet’s Carmen, presented by TheDallas Opera.

It’s no wonder that urbanites, both veteran and newly minted, are flocking to Downtown to enjoy an elevated lifestyle at exquisitely designed buildings that are, themselves, unparalleled works of art.  

In 2013, growth in Dallas’ high-rise neighborhoods was truly remarkable. According to MLS there was a 36.4 percent increase in the number of units sold, and a 49.6 percent increase in volume. Increasing demand for well-appointed high-rise homes generated a 9.7 percent rise in prices during the same time period.

“We continue to see dynamic growth in Uptown/Downtown neighborhoods, and in fact our sales are up 109 percent over last year in this area,” commented Robbie Briggs, President and CEO of Briggs Freeman Sotheby’s International Realty.

Residents at every phase of life are experiencing the convenience of walking to fine restaurants, premier shopping, museums, galleries and the bustling urban oasis, Klyde Warren Park. The area is especially appealing to smart-sizers looking to replace the demands of a large family home with the freedom of a lock and leave lifestyle.

Nowhere is this trend more visible than in the luxury high-rise category, where 2013 saw an 88 percent increase in units closed and 100 percent increase in volume.

“People who are true connoisseurs of life, those who could live anywhere they want, are choosing to live in Museum Tower because it is at the pinnacle of Dallas’ most vibrant and exciting neighborhood,” says Steve Sandborg, Vice President of Sales and Marketing for Museum Tower. This Scott Johnson designed landmark combines spectacular views, unequaled concierge service, a coveted location and a culture of entrepreneurs, leaders and adventurers.

Already more than 20 percent of the building’s square footage has been claimed by residents with an appreciation for the unconventional and uncompromising. 

For information or a tour, visit the Museum Tower Sales Gallery, 1918 N. Olive St, or contact the Sales Gallery at 214-954-1234 or museumtowerdallas.com