Dallas Fort Worth Urban Forum

Tucy wrote:September 2018

Zero units sold
100 sold in 70 months. (1.43 per month) 14 remaining.
Rolling 12-month sales: 15 (1.25 per month)

Sellout projection, based on the pace of sales thus far: 6 years, 8 months.
Sellout projection, based on the pace of sales over the prior 12 months: 6 years, 10 months.

Dallas_Uptown wrote:I find the monthly sales postings both interesting and helpful.

dallaz wrote:Last night, Museum Tower was featured on the Science Channel’s “Engineering Catastrophes”. It’s crazy that the building’s reflection is still an issue, well after its completion. I wonder if the issue will ever be fixed...

The Glare from Museum Tower made its debut on national television Thursday night. The music and the breathless narration did everything possible to add gasoline to the fire of the show's title — Engineering Catastrophes, which, appropriately, aired the night after Halloween on the Science Channel.

We learned that, on an 80-degree day, "The Towering Inferno" of heat blasting from the building next door can raise the temperature in the garden of the Nasher Sculpture Center to 110 degrees! We learned that the 270,000 square feet of reflective glass shooting bolts of sun like a cosmic ray gun off the tower is "a design flaw that the locals just can't ignore."

This, the narrator informed us, "is the last place you'd want a super-shiny building," because Dallas is "one of the sunniest places in the United States." Keep in mind that the show is produced in Britain by BriteSpark Films, whose London office no doubt sees a fair amount of rain, not to mention cooler climes.

Italian designer Fulvio Serra, whom the broadcast credits with building the Nasher's roof system — Serra worked under the auspices of Nasher architect and fellow Italian Renzo Piano — praised the roof design as being its own "sculpture in a museum of sculpture."

As the narrator explained, with all the pop science fervor he could muster, restoring the roof "to its former glory would mean modifying every aluminum shell," referring to the egg-crate-like "oculi" that permeate the Nasher roof. Serra has an idea about how to do that, which he explained in our recent story on The Glare, although the show stopped short of offering a single possible remedy.

The biggest hurdle to fixing The Glare is money — according to the show, whose glaring omission (sorry) was failing to mention even once the owner of Museum Tower, the Dallas Police and Fire Pension System. Nor did the show's 15-minute segment on The Glare (yes, that's all it was) dare to tiptoe into the nasty battle between the pension fund and the Nasher that made finding a solution as easy as peace in the Middle East. Keep in mind, The Glare recently passed its seventh birthday.

Nor did the show venture into the swamp of the fund's near-financial collapse that brought the City of Dallas to its knees before Dallas Mayor Mike Rawlings, the Texas Legislature and the pension fund cobbled together a solution.

"Sometimes, buildings are built that are gorgeous and beautiful and wonderful, but you have to look at the effect it has on the community," said Petey Parker, who lives in One Arts Plaza, which is east of Museum Tower. As we all know, The Glare has directed its ray gun primarily to the west, where the Nasher sits like a fully baked, stationary target.

The narrator wrapped it all up by saying:

"Until a solid solution can be agreed upon, Museum Tower and its neighbors will simply have to avert their eyes and hope for the best."

muncien wrote:

dallaz wrote:Last night, Museum Tower was featured on the Science Channel’s “Engineering Catastrophes”. It’s crazy that the building’s reflection is still an issue, well after its completion. I wonder if the issue will ever be fixed...

I'm curious if it ever 'really' was an issue. I mean, how many years has it been? Perhaps shuffling a few pieces of art around WAS the fix.

* It has been far too long since we last opened this can of worms. lol Figured I'd help get things rolling.

tamtagon wrote:If you select 115 dwellings in Highland Park which would represent a list price array similar to the units at Museum Tower, how many of the dwellings would be not be occupied? Of these 115 HP dwellings, would an entire calendar year pass with one or more vacancies?

ContriveDallasite wrote:Any infos regarding price reductions on units facing the new tower construction side?

tamtagon wrote:so, it's 93% occupied?

Tucy wrote:June 2020

Zero sold.

111 sold in 91 months. (1.22 per month) 3 remaining.
Rolling 12-month sales: 5 (.42 per month)

Sellout projection, based on the pace of sales thus far: 7 years, 10 months.
Sellout projection, based on the rolling 12-month pace of sales: 8 years, 3 months.

There also currently 11 units listed for resale on Realtor.com.