Harwood District: Bleu Ciel (390 FT / 33 ST)

rono3849 · Post by **rono3849** » 04 May 2020 17:19

Tucy wrote:April 2020

Two units sold. 69 sold in 29 months (2.38 per month) 89 remaining.

Sell-out projection: 5 years, 7 months

With the Pandemic, I'd expect the sales to slow until there's is some semblance back to normalcy.

Tucy · Post by **Tucy** » 07 Jun 2020 16:09

May 2020

Zero units sold. 69 sold in 30 months (2.3 per month) 89 remaining.

Sell-out projection: 5 years, 9 months

itsjrd1964 · Post by **itsjrd1964** » 08 Jun 2020 11:44

Adding up Tucy's numbers, they've sold 3 units in 5 months, with no sales in 3 of the 5 months.

Hope that sales office isn't working on just commission....

Tucy · Post by **Tucy** » 15 Jul 2020 12:20

June 2020

Zero units sold. 69 sold in 31 months (2.2 per month) 89 remaining.

Sell-out projection: 5 years, 11 months

Tucy · Post by **Tucy** » 10 Aug 2020 10:10

July 2020

Two units sold. 71 sold in 32 months (2.22 per month) 87 remaining.

Sell-out projection: 6 years

Tucy · Post by **Tucy** » 08 Sep 2020 10:42

August 2020

One unit sold. 72 sold in 33 months (2.18 per month) 86 remaining.

Sell-out projection: 6 years, 1 month

Tucy · Post by **Tucy** » 05 Oct 2020 12:52

Sept 2020

One unit sold. 73 sold in 34 months (2.15 per month) 85 remaining

Sell-out projection: 6 years, 2 months.

(There were also 2 resales during September)

texasstar · Post by **texasstar** » 19 Oct 2020 08:18

Wonder why this tower is STILL not included on SkyscraperPage.com. Even if there is no diagram drawn yet, there should still be an empty spot for it.

rono3849 · Post by **rono3849** » 19 Oct 2020 19:11

texasstar wrote:Wonder why this tower is STILL not included on SkyscraperPage.com. Even if there is no diagram drawn yet, there should still be an empty spot for it.

The Victor's 453' would go to the head of the class too.

Tucy · Post by **Tucy** » 05 Nov 2020 12:27

Oct 2020

Two units sold. 75 sold in 35 months (2.14 per month) 83 remaining

Sell-out projection: 6 years, 2 months.

Tucy · Post by **Tucy** » 06 Dec 2020 13:40

Nov 2020

Zero units sold. 75 sold in 36 months (2.08 per month) 83 remaining

Sell-out projection: 6 years, 4 months.

Tucy · Post by **Tucy** » 08 Jan 2021 12:07

December 2020

15 units sold!!!! Does anyone know what might have caused this sudden spurt of sales in Bleu Ciel? Did they have a significant price reduction or special financing or other promotions?

90 sold in 37 months. (2.43 per month) 68 remaining.

Sell-out projection: 5 years, 5 months.

Post by **cowboyeagle05** » 09 Jan 2021 10:51

Hmm maybe they worked with a company who will rent them out or use them as hotels for corporate clients? Like TheLanding. Usually companies like that will def buy a block of units and provide all the cleaning services and furniture, insurance etc.

Tucy · Post by **Tucy** » 09 Jan 2021 10:58

cowboyeagle05 wrote:Hmm maybe they worked with a company who will rent them out or use them as hotels for corporate clients? Like TheLanding. Usually companies like that will def buy a block of units and provide all the cleaning services and furniture, insurance etc.

Good thought, but the sales were all to different buyers, many (maybe most) of which were individuals.

Matt777 · Post by **Matt777** » 09 Jan 2021 15:26

Tucy wrote:
cowboyeagle05 wrote:Hmm maybe they worked with a company who will rent them out or use them as hotels for corporate clients? Like TheLanding. Usually companies like that will def buy a block of units and provide all the cleaning services and furniture, insurance etc.
Good thought, but the sales were all to different buyers, many (maybe most) of which were individuals.

Very interesting. Maybe a result of a recent corporate relo like Charles Schwab, where word might spread around among relocating coworkers? Or a new corporate relo on the horizon?

Tucy · Post by **Tucy** » 05 Feb 2021 21:40

January 2021

2 units sold.

92 sold in 38 months. (2.42 per month) 66 remaining.

Sell-out projection: 5 years, 6 months.

Tucy · Post by **Tucy** » 04 Mar 2021 16:43

February 2021

Zero sold.

92 sold in 39 months. (2.36 per month) 66 remaining.

Sell-out projection: 5 years, 7 months.

Matt777 · Post by **Matt777** » 04 Mar 2021 22:24

Is there any way to see if they've sold out of their 1 and 2 bedroom units? There aren't any on Zillow. The smallest unit on Zillow is a 3 bedroom for 1.3 million. I know developers don't always list all of their inventory on the MLS, but transplants who might be moving from the east and west coast and researching Zillow wouldn't even know this building exists if they're searching under 1 million.

Tucy · Post by **Tucy** » 05 Mar 2021 13:59

Matt777 wrote:Is there any way to see if they've sold out of their 1 and 2 bedroom units? There aren't any on Zillow. The smallest unit on Zillow is a 3 bedroom for 1.3 million. I know developers don't always list all of their inventory on the MLS, but transplants who might be moving from the east and west coast and researching Zillow wouldn't even know this building exists if they're searching under 1 million.

It looks there are plenty of 2 BR units left. (about 25). I don't think they ever offered 1 Bedroom units. The rest are 3 BR (and up).

Matt777 · Post by **Matt777** » 05 Mar 2021 16:15

Tucy wrote:
Matt777 wrote:Is there any way to see if they've sold out of their 1 and 2 bedroom units? There aren't any on Zillow. The smallest unit on Zillow is a 3 bedroom for 1.3 million. I know developers don't always list all of their inventory on the MLS, but transplants who might be moving from the east and west coast and researching Zillow wouldn't even know this building exists if they're searching under 1 million.
It looks there are plenty of 2 BR units left. (about 25). I don't think they ever offered 1 Bedroom units. The rest are 3 BR (and up).

Are you seeing these on the MLS? Zillow and Realtor.com aren't showing the 2 bedroom units. The 2 bedroom is the floorplan I had in mind when I was thinking 1 bedroom. The southern facing 2 bedroom plan has a small bedroom in the center that has no windows, and is counted as bedroom 2.

Tucy · Post by **Tucy** » 05 Mar 2021 16:48

Matt777 wrote:
Tucy wrote:
Matt777 wrote:Is there any way to see if they've sold out of their 1 and 2 bedroom units? There aren't any on Zillow. The smallest unit on Zillow is a 3 bedroom for 1.3 million. I know developers don't always list all of their inventory on the MLS, but transplants who might be moving from the east and west coast and researching Zillow wouldn't even know this building exists if they're searching under 1 million.
It looks there are plenty of 2 BR units left. (about 25). I don't think they ever offered 1 Bedroom units. The rest are 3 BR (and up).
Are you seeing these on the MLS? Zillow and Realtor.com aren't showing the 2 bedroom units. The 2 bedroom is the floorplan I had in mind when I was thinking 1 bedroom. The southern facing 2 bedroom plan has a small bedroom in the center that has no windows, and is counted as bedroom 2.

I spent 5 or 10 minutes going through DCAD records.

Tucy · Post by **Tucy** » 05 Apr 2021 10:53

March 2021

Zero sold.

92 sold in 40 months. (2.3 per month) 66 remaining.

Sell-out projection: 5 years, 9 months.

Post by **Tnexster** » 05 Apr 2021 12:13

So in a city like Chicago or Seattle, how long would it take a tower like this to sell out? I am assuming it's much less than nearly six years. But maybe I am wrong.

dd_dweller · Post by **dd_dweller** » 07 Apr 2021 16:56

What’s the giant crane/drill machine near this tower?

R1070 · Post by **R1070** » 07 Apr 2021 21:37

I've noticed the decorative lighting on top has been out recently. Maybe they are fixing something up there.

Post by **CTroyMathis** » 26 Apr 2021 18:03

dd_dweller wrote:What’s the giant crane/drill machine near this tower?

Is or was something about replacing 3 cooling towers up top. Apparently there was an a/c problem (perhaps having no a/c at all).

Tucy · Post by **Tucy** » 17 May 2021 10:53

April 2021

Zero sold.

92 sold in 41 months. (2.22 per month) 66 remaining.

Sell-out projection: 5 years, 11 months.

Tucy · Post by **Tucy** » 21 Jul 2021 15:59

May 2021

Actually appears that they bought one back. So. . .

-1 sold.

91 sold in 42 months. (2.17 per month) 67 remaining.

Sell-out projection: 6 years, 1 month.

Tucy · Post by **Tucy** » 21 Jul 2021 16:00

June 2021

Zero sold.

91 sold in 43 months. (2.12 per month) 67 remaining.

Sell-out projection: 6 years, 3 months.

Post by **Tnexster** » 21 Jul 2021 16:09

I see high rise condo living is still all the rage in Dallas.

Tucy · Post by **Tucy** » 21 Jul 2021 16:27

Tnexster wrote:I see high rise condo living is still all the rage in Dallas.

Yeah, perhaps the hottest residential real estate market in history and the two active projects in downtown Dallas combined have sold 3 units in 6 months.

vman · Post by **vman** » 22 Jul 2021 07:56

Tucy wrote:
Tnexster wrote:I see high rise condo living is still all the rage in Dallas.
Yeah, perhaps the hottest residential real estate market in history and the two active projects in downtown Dallas combined have sold 3 units in 6 months.

Does Tucy ever have anything positive to say? I'm almost sure he's a troll from the Houston board. I don't really care, I just find it odd...never, ever a positive word and I'm fairly pessimistic myself.

The_Overdog · Post by **The_Overdog** » 22 Jul 2021 14:41

I appreciate the updates - unless he's personally blocking unit tours he has nothing to do with the numbers, just reporting facts. And it's fine to be a bit snarky here.

Tucy · Post by **Tucy** » 11 Aug 2021 11:53

July 2021

One sold.

92 sold in 44 months. (2.09 per month) 66 remaining.

Sell-out projection: 6 years, 4 months.

Tucy · Post by **Tucy** » 06 Oct 2021 14:11

August 2021

Two sold.

94 sold in 45 months. (2.09 per month) 64 remaining.

Sell-out project: 6 years, 4 months.

Tucy · Post by **Tucy** » 06 Oct 2021 14:12

September 2021

One unit sold.

95 sold in 46 months. (2.07 per month) 63 remaining.

Sell-out projection: 6 years, 5 months.

Post by **Tnexster** » 08 Oct 2021 11:07

Why would you even build a condo tower when it takes that long to sell out?

R1070 · Post by **R1070** » 08 Oct 2021 16:42

I do think there's a market for highrise condos that aren't so high end though. We just haven't seen any built that aren't over a million per unit.

Post by **cowboyeagle05** » 08 Oct 2021 16:49

Are we even sure it would be condos? It wouldn't be the first apartment tower for Harwood if they did and it's been awhile since their last one. The market is so low on units seems like they would go after luxury apartments like everyone else.

Tucy · Post by **Tucy** » 02 Jan 2022 13:34

October 2021

One unit sold.

96 sold in 47 months. (2.04 per month) 62 remaining.

Sell-out projection: 6 years, 6 months.

Tucy · Post by **Tucy** » 02 Jan 2022 13:36

November 2021

Two units sold.

98 sold in 48 months. (2.04 per month) 60 remaining.

Sell-out projection: 6 years, 6 months.

Post by **Tnexster** » 03 Jan 2022 12:12

Still amazing how slow condo sales are in Dallas. Between this and Hall they sold 4.

Tucy · Post by **Tucy** » 06 Jan 2022 16:21

December 2021

One unit sold.

99 sold in 49 months. (2.02 per month) 59 remaining.

Sell-out projection: 6 years, 7 months.

Tucy · Post by **Tucy** » 22 Mar 2022 16:27

January 2022

Three units sold

102 sold in 50 months. (2.04 per month) 56 remaining.

Sell-out projection: 6 years, 6 months.

Tucy · Post by **Tucy** » 22 Mar 2022 16:29

February 2022

One unit sold.

103 sold in 51 months. (2.02 per month) 55 remaining.

Sell-out projection: 6 years, 7 months.

Tucy · Post by **Tucy** » 07 Apr 2022 14:46

March 2022

Zero sold.

103 sold in 52 months. (1.98 per month) 55 remaining.

Sell-out projection: 6 years, 8 months.

Tucy · Post by **Tucy** » 20 Jun 2022 10:14

April 2022

Zero sold.

103 sold in 53 months. (1.94 per month) 55 remaining.

Sell-out projection: 6 years, 10 months.

Tucy · Post by **Tucy** » 20 Jun 2022 10:16

May 2022

Zero sold.

103 sold in 54 months. (1.91 per month) 55 remaining.

Sell-out projection: 6 years, 11 months.

Post by **Tnexster** » 20 Jun 2022 11:54

So in five months they sold 4. Austin can sell out a condo tower before it even tops off, Dallas takes over half a decade to sell out one.

IcedCowboyCoffee · Post by **IcedCowboyCoffee** » 20 Jun 2022 12:37

We can't put the cart before the horse and expect much to change. We could build all the condos in the world but, until the actual experience of daily living in our urban core lines up with what people want out of urban living, the cart will just sit there. We could even fill out a bunch of ground floor retail with everything anyone could possibly want, but until it's actually pleasant to step outside your front door to walk and do all these things, the horse will just keep nudging the cart with his head.

Austin has a core that is actually pleasant to be in and navigate at the human level, even as it struggles with cars. But the balance there is somewhat better. Downtown and uptown Dallas on the other hand remain utterly dominated by cars and are largely miserable to navigate on foot. Our active areas have streets that are treated by drivers like they're highways and our quiet areas are just parking garage canyons.