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Dirt Flying This Week at $85 Million Upscale Condo Project

DALLAS-Dirt will be flying this week at the Turtle Creek Blvd. site of Dallas' newest condominium project, an $85 million undertaking with a built-in opulence that developers say is unparalleled in the city's high-rise living. Nearly every condo in the 119-unit classical French structure will have an unobstructed view of the downtown.

By Connie Gore | Updated on August 06, 2000

Dirt will be flying this week at the Turtle Creek Blvd. site of Dallas’ newest condominium project, an $85 million undertaking with a built-in opulence that developers say is unparalleled in the city’s high-rise living.

Sixty-five of the 119 units of The Vendome already have been sold at a cost of $350 per sf, John Conroy, partner in the Metropolitan Group, told GlobeSt.com. He says the owners, whose identities are being withheld, represent the well-heeled elite of North Texas – from Gen Y to the metroplex’s old guard. What each is getting for the money is an unobstructed view of downtown on a site that the developer says is the last of the “best sites in town.” The construction start is falling two weeks after an official groundbreaking ceremony.

“There’s a lot of money in Dallas, both old and new, so we decided to tap it,” Conroy says of Metropolitan’s October purchase of 2.1 acres at the intersection of Turtle Creek Blvd. and Lemmon Ave. Conroy won’t disclose the end price paid to owner Michael Block, but did say it was “north of $6 million.”

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