because the cheapest I see listed is $2,100,00.00 for a 2 bedroomtamtagon wrote:How much are these?
Tucy, why do you think they sell so slowly?
Dallas Arts District: Hall Arts Hotel & Residences
Re: Dallas Arts District: Hall Arts Hotel & Residences
- IcedCowboyCoffee
- Posts: 369
- Joined: 23 Mar 2022 13:22
Re: Dallas Arts District: Hall Arts Hotel & Residences
Any updates on how many units are unsold now, Tucy?
I'm guessing the next phase depends on how well this building is doing, so I'm curious.
I'm guessing the next phase depends on how well this building is doing, so I'm curious.
Re: Dallas Arts District: Hall Arts Hotel & Residences
What's the next phase? I thought this was only a two-building project built on the foundations of the Lone Star Tower project that never happened. Were they planning to build more across Ross?
Edit - I guess that's what you were referring to, the building across the street. I personally never took that seriously but who knows.
Edit - I guess that's what you were referring to, the building across the street. I personally never took that seriously but who knows.
Re: Dallas Arts District: Hall Arts Hotel & Residences
I remember seeing renderings for a Hall-owned large tower across Ross Avenue from the Hotel that was to include office, hotel, & limited residences. It looked to be in the 50-story range. Hall does own the land which is now used for surface parking. It backs up to the Portman Holdings' Dallas Gateway project, which has similar components to its development.IcedCowboyCoffee wrote:Any updates on how many units are unsold now, Tucy?
I'm guessing the next phase depends on how well this building is doing, so I'm curious.
Re: Dallas Arts District: Hall Arts Hotel & Residences
Where'd tucy go?!?!
Re: Dallas Arts District: Hall Arts Hotel & Residences
September 2023
Zero sold. 33 sold in 39 months. (0.846 per month) 16 remaining.
Sell-out projection: 4 years, 10 months
They have sold 4 so far this calendar year (0.44444 per month). At that pace, the sell-out projection is 6 years, 3+ months.
Zero sold. 33 sold in 39 months. (0.846 per month) 16 remaining.
Sell-out projection: 4 years, 10 months
They have sold 4 so far this calendar year (0.44444 per month). At that pace, the sell-out projection is 6 years, 3+ months.
Last edited by Tucy I on 24 Apr 2024 15:36, edited 1 time in total.
Re: Dallas Arts District: Hall Arts Hotel & Residences
October 2023
Zero sold. 33 sold in 40 months. (0.825 per month) 16 remaining.
Sell-out projection: 5 years
They have sold 4 so far this calendar year (0.4 per month). At that pace, the sell-out projection is 6 years,8 months.
Zero sold. 33 sold in 40 months. (0.825 per month) 16 remaining.
Sell-out projection: 5 years
They have sold 4 so far this calendar year (0.4 per month). At that pace, the sell-out projection is 6 years,8 months.
Last edited by Tucy I on 24 Apr 2024 15:35, edited 1 time in total.
Re: Dallas Arts District: Hall Arts Hotel & Residences
November 2023
Zero sold. 33 sold in 41 months. (0.805 per month) 16 remaining.
Sell-out projection: 5 years, 1 month
They have sold 4 so far this calendar year (0.3636 per month). At that pace, the sell-out projection is 7 years, 1+ month.
Zero sold. 33 sold in 41 months. (0.805 per month) 16 remaining.
Sell-out projection: 5 years, 1 month
They have sold 4 so far this calendar year (0.3636 per month). At that pace, the sell-out projection is 7 years, 1+ month.
Last edited by Tucy I on 24 Apr 2024 15:35, edited 1 time in total.
Re: Dallas Arts District: Hall Arts Hotel & Residences
December 2023
Zero sold. 33 sold in 42 months. (0.786 per month) 16 remaining.
Sell-out projection: 5 years, 3 months
They sold 4 in 2023 (0.333333 per month). At that pace, the sell-out projection is 7 years, 6+ months.
Zero sold. 33 sold in 42 months. (0.786 per month) 16 remaining.
Sell-out projection: 5 years, 3 months
They sold 4 in 2023 (0.333333 per month). At that pace, the sell-out projection is 7 years, 6+ months.
Re: Dallas Arts District: Hall Arts Hotel & Residences
January 2024
Zero sold. 33 sold in 43 months. (0.767 per month) 16 remaining.
Sell-out projection: 5 years, 4 months
Zero sold. 33 sold in 43 months. (0.767 per month) 16 remaining.
Sell-out projection: 5 years, 4 months
Re: Dallas Arts District: Hall Arts Hotel & Residences
February 2024
Zero sold. 33 sold in 44 months. (0.75 per month) 16 remaining.
Sell-out projection: 5 years, 6 months
Zero sold. 33 sold in 44 months. (0.75 per month) 16 remaining.
Sell-out projection: 5 years, 6 months
Re: Dallas Arts District: Hall Arts Hotel & Residences
March 2024
Zero sold. 33 sold in 45 months. (0.7333 per month) 16 remaining.
Sell-out projection: 5 years, 7 months
Zero sold. 33 sold in 45 months. (0.7333 per month) 16 remaining.
Sell-out projection: 5 years, 7 months
Re: Dallas Arts District: Hall Arts Hotel & Residences
Welcome back!!
Re: Dallas Arts District: Hall Arts Hotel & Residences
That is a lot of zero months back to back.
Re: Dallas Arts District: Hall Arts Hotel & Residences
Stuff being built is too expensive for the market. They would sell much faster if they weren't so high end. You build some average/slightly above average priced condos and they will go fast. The luxury apt/condo market is further North in the Knox/HP area.
Re: Dallas Arts District: Hall Arts Hotel & Residences
They originally sold it as being in the Arts District but that area needs a refresh with cohesive streetscape and lighting and landscape to signify the entire Arts District as it is looking pretty worn out from the 80's and 90's when most of it was installed.
Re: Dallas Arts District: Hall Arts Hotel & Residences
March 2024
Two sold. 35 sold in 46 months. (0.76 per month) 14 remaining.
Sell-out projection (assuming they maintain that pace of sales): 5 years, 5 months
In the last twelve months, I believe they have sold six units; if they continue at that pace of sales, sell-out will not occur until 8 years, 8 months.
Two sold. 35 sold in 46 months. (0.76 per month) 14 remaining.
Sell-out projection (assuming they maintain that pace of sales): 5 years, 5 months
In the last twelve months, I believe they have sold six units; if they continue at that pace of sales, sell-out will not occur until 8 years, 8 months.
Re: Dallas Arts District: Hall Arts Hotel & Residences
FWIW I’m on their instagram feed and they post whenever a home goes under contract. They claim there are currently only 10 homes left. So several more should show sold soon.
Re: Dallas Arts District: Hall Arts Hotel & Residences
This is such a high end development, I figured it would take some time to sell out. With so many upscale companies moving Uptown, the market for this kind of condo is improving. It will be interesting to see if Hall eventually builds the larger tower across Ross Avenue.