The Dallas Condominium Market Continues To Surge
Someone forgot to tell Dallas that the real estate market has cooled off.
This booming major metropolitan area has enjoyed phenomenal growth in the condominium sector thanks in part to its fourstar restaurants unsurpassed cultural activities worldclass shopping a flourishing financial and business district and a spectacular skyline all of which have attracted young professionals and baby boomers looking for a simplified exciting lifestyle.
Old industrial sights and abandoned neighborhoods have given way to condo living at its finest throughout Dallas. Much of the growth has been attributed to Dallas efficient light rail system which allows professionals to ditch the car in favor of more resourceful means of transportation. What could be better than residing in a highrise luxury condominium just steps from all of the excitement and opportunities of the city? Well how about a panoramic city view. Or a putting green. Or a rooftop saltwater swimming pool. Or a fullservice spa. Yep this is what condo living in Dallas is all about.
Whether you enjoy Uptowns trendy urban district with chic restaurants and highprofile developments or the art galleries retail shopping and efficient transportation of the Downtown area luxury condominiums are catering to young urban professionals and empty nesters searching for their slice of the condominium pie. And condominium developers are not shy when it comes to catering to their residents. Twelve foot ceilings hardwood floors gourmet kitchens and stainless steel appliances are the norm. Its those other resortstyle amenities like private movie theaters stateoftheart fitness centers and acclaimed gourmet restaurants that developers are bringing to the table in hopes of standing apart from the crowd.
And a crowd it is. From Victory Park to the Arts District to Turtle Creek Oak Lawn and Highland Park condominiums are abundant and thriving. The Residences at Hotel Palomar for example located in the upscale Park Cities community is a luxury condo and loft community out to impress. This condominium community aptly named by its developers as an urban resort features over 70 condos on 5.3 acres of land. A fullservice spa gourmet restaurants boutiques courtyard villas and the fourstar Hotel Palomar are just a few of the reasons why prices can range anywhere from 300000 to 2.3 million.
Victory Park is home to the W Dallas Victory Residences a new condominium high rise which offers stunning modern architecture with worldclass interior designs floortoceiling windows and expansive terraces with aweinspiring views. With prices ranging anywhere from 400000 to 7 million its no wonder that topnotch amenities such as residential concierge service a 24hour valet service an infinity pool and a fullservice spa are found here.
Just some of the other Dallas condo gems to be had include: Azure which is built upon 15 acres and features 10 open floor plans with a luxurious European design; Mercer Square which is located just minutes from Downtown and boasts modern architecture and magnificent Dallas views; and the Sorrento which is located in North Dallas and features resortstyle amenities and up to 2890 square feet of living space.
According to Downtown Dallas the number of new residences built within one mile of Dallas central business district area has increased fivefold over the last ten years. And based on the cranes hanging out all over Dallas it looks like the boom is here to stay.
About the writer: Our expertise in Dallas condos Coppell real estate and Dallas real estate are demonstrated through our indepth market analysis and competitive industry knowledge that finds the best property for you
Related posts:
