June 22, 2020
Cushman & Wakefield has listed 2525 Turtle Creek Blvd. near Uptown Dallas, a 4.5-acre development site for sale on behalf of the Turtle Creek Gardens Condominiums Homeowner’s Association. An asking price wasn’t disclosed.
Chris Harden and Ryan Duffie of Cushman & Wakefield’s Dallas office, along with Ben Fuller and John Carr of Cushman & Wakefield’s Sunbelt Multifamily Advisory Group, are representing the seller.
“The property is situated in one of Dallas’ most exclusive urban districts, adjacent to some of the highest valued real estate in all of North Texas, including the Rosewood Mansion and Mandarin Oriental hotels,” said Harden. “Combined with the growing affluent population in this submarket, this is a generational, ‘build-to-core’ development opportunity.”
Built in the 1960s, the property currently includes 108 condo units and offers strong potential for high-density residential development. The in-place zoning allows for a variety of uses including hotel, office, multifamily, age-restricted and retail.
For comments, questions or concerns, please contact Paul Bubny