Through all the market turmoil, Dallas still forges ahead taking steps toward the long anticipated completion of the New Arts District. Plans have been in the works for over 30 years to transform the arts district from a place to visit into an area where urbanites can work, live and play. Local art attractions such as the Winspear Opera House and Wyly Theater are just a few of the projects that are expected to assit in reviving local art enthusiasm. Other major art institutions are being relocated from Fair Park to an area bounded by Ross, Harwood and Woodall Rodgers in an effort to promote change and revitalize interest in the arts district.
For the arts transformation to take place, city planners and Dallas Real Estate Brokerages need synergy to bond commercial and residential development including multi-use structures. A large part of the equation includes urban condominiums mixed into the the art district offering a blend of sophistication, modern architecture, and individualism. Dallas Condo projects such as One Arts Plaza and the Museum Tower are just a few of the developments expected to put some fire into the art district engine. The Museum Tower is expected to be one of the snazziest high rise condo projects in Dallas. The Forty-two story high tower will offer one and two bedroom units ranging from $1.1 million for a 1,600 sq foot unit to $20 million plus for a top of the line penthouse. Construction should begin on the Luxury High-rise Museum Tower in Fall 2008 with completion estimated in the 2nd quarter of 2011. Pre Construction sales are already being offered with over 20 units already sold of the 120 offered.
For more information on the Dallas Arts District and Dallas Condos for Sale, please visit DFW Urban Realty, a brokerage specializing in commercial and residential urban developments. DFW Urban Realty specializes in the Fort Worth Real Estate Market and can assist with purchasing or selling Fort Worth Condos. Fort Worth is also rapidly expanding their highrise and urban condo district. New High rise developments such as the Omni, a 33 story luxury hotel across from the Fort Worth Convention Center at Ninth and Houston are attracting celebrity attention. Recently Nolan Ryan, President and Legendary Pitcher for The Rangers, purchased a unit facing the Texas Rangers Ballpark.
Also, check out a recent report on the Dallas Condo Arts District by Dallas News
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