In the midst of the doom and gloom real estate news on the Dallas front, the Ritz-Carlton Residences shine bright.
The first phase of the Tower Residences at the Ritz-Carlton quickly sold out in 2008, and home buyers are anxiously awaiting the completion of Phase II of the project. In fact, over 70 percent of the homes in Phase II are pre-sold.
At this point, the Tower Residences may be the only new, high-rise hotel residences in Dallas. Similar projects have either been suspended or canceled because of the weak national economy.
Located in the highly desirable Uptown district of Dallas, the Tower Residences will include 70 luxury homes which will feature high-end features and state-of-the-art amenities.
The Residences will boast a variety of floor plans, and will range in size from one to three bedrooms.
In addition, four, free-standing, Regency Row manor homes will be the highlight of The Residences.
Prices for the Tower Residences and the homes of Regency Row will range from $700,000 to more than $8 million.
Superb, Uptown Location
The Tower Residences enjoys a convenient location, as it is near the Central Business District, the Arts District, the American Airlines Center and plenty of chic restaurants, shops and clubs.
It also enjoys a close proximity to the Woodall Rodgers Freeway, Interstate 35 and US Highway 75.
Residence Amenities, Services and Features
The Residences sit atop the luxurious, 217-room Ritz-Carlton Dallas, on the building’s top 13 floors. The Residences enjoy separate, private entrances from the hotel, as well as separate elevators and parking.
The residents of the Tower Residences are afforded use of the many amenities of the Ritz-Carlton Hotel, including the ballroom, the meeting rooms and the state-of-the-art fitness facility. The Tower Residences are connected to the hotel by a glass and cast stone walkway.
Other services of the Residences will include a spa, 24-hour valet service, concierge service, in-room dining and housekeeping services. Amenities will include underground parking, private storage spaces and a private swimming pool.
The Residences of the Ritz-Carlton, upon completion, will be valued at more than $300 million.