Downtown Dallas' Museum Tower Condos Are Three-quarters Sold

Downtown's Museum Tower has reached something of a milestone.The 42-story deluxe condo project in Dallas' Arts District is three quarters sold.Opened in 2010 during the worst of the Great Recession, Museum Tower was slow to take off. A nasty fight with the neighbors - the Nasher Sculpture Center - also held back sales in the early days.But now real estate agents who are selling the remaining units in the silver-glass high-rise at Woodall Rodgers Freeway and Pearl Street say its almost 75 percent sold.The remaining units in the tower are priced from $1.25 million.Still up for grabs is the 8,449-square-foot penthouse which is listed for sale at $16.5 million.The $200 million Museum Tower was planned for about 100 residential units.It's owned by the beleaguered Dallas Police and Fire Pension System, which funded the development.Developer Hall Group just broke ground on a 25-story, $250 million high-rise condominium project a few blocks away.The 44 condos in Hall Arts Residences tower on Flora Street will start in price at $2 million.  Continue reading...

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