If success in the real estate business is a function of location and timing, a Dallas project is already a winner.
And most folks don?t even know the building exists.
Lincoln Property Co.?s Parkside condominiums have Dallas? new Klyde Warren Park over Woodall Rodgers Freeway for their front yard.
The five-story building, with only 30 units, has been so low-key that it?s been overlooked in all the construction along Woodall Rodgers.
And Lincoln hasn?t even been trying to sell the project for the three years that the building?s been finished.
?We?ve just let them sit in shell condition for so long,? said Lincoln vice president Chris Axley. ?We are trying to decide what we are going to do with them.?
With the 5.2-acre park set to open on the building?s doorstep in October, it shouldn?t be hard to figure out a game plan.
?It?s like having a Central Park location,? but in Dallas, not New York, said veteran Dallas luxury home agent David Griffin. ?Those condominiums on that park should be a home run.
By STEVE BROWN
Real Estate Editor
Dallas Morning News
Source: http://downtownuptown.blogspot.com/2012/08/dallas-condo-project-with-klyde-warren.html
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