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Update Dallas | A central hub for market and real estate news affecting the Dallas region.

A central hub for market and real estate news affecting the Dallas region.



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Robbie’s Real Estate Trends: Life in the Sky

May 19th, 2014 | by The Update
2430-Victory-Park-Lane-3203-Dallas-75219-Uptown-Briggs-Freeman-Sothebys-luxury-home-for-sale-in-Dallas-Fort-Worth-living-room.jpg

This penthouse on the 32nd floor of The W Residences offer panoramic views of Uptown, Victory Plaza, and Downtown Dallas’ skyline. That’s the best of vertical living. Listed for $1,699,000. Photos / Briggs Freeman Sotheby’s International Realty

As seen in the Wall Street Journal’s Mansion section:

There was a time when the only people who lived in Downtown Dallas high-rises were transplants looking to replicate previous lives in Chicago or New York. Those days are long gone. Now both transplants and the hometown crowd have traded up…literally.

High-end, “vertical living,” as it’s become known for an increasing number of people in Dallas, boasts everything from stunning panoramic views and in-house conveniences, to close proximity to dining and nightlife, spectacular performance venues and stunning green spaces.

Some new urban residents have raised families and want to downsize their living space. For others it’s a step into more luxurious surroundings with a large metropolitan feel. Locations along Northwest Highway, the North Dallas Tollway and Victory Park as well as Museum Tower and other Downtown spaces are getting a good deal of attention.

Local businessman Jim O’Donnell lived in the Park Cities before moving with his wife to a penthouse condominium on the edge of Central Expressway. “I like the high-rise apartment a lot,” he says. Now as “empty-nesters,” the O’Donnells list advantages, such as in-house maintenance and security amenities, plus a Whole Foods store within walking distance. “The view is nice,” he adds, saying the 20-foot ceilings complement the couple’s art collection.

“And the free gourmet coffee in the lobby is excellent.”

As the housing market continues to climb, so will the number of people seeking a sleek new life in the glittering Dallas skyline. Vertical living is on the way up.

Click here to explore more opportunities for vertical living in Dallas.

robbie briggs photo

CEO Robbie Briggs independently owns and operates Briggs Freeman Sotheby’s International Realty with six offices in Dallas, Uptown, Lakewood, Ranch and Land, The Ballpark and Southlake. Click here to see the latest in real estate news.

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