Donald Trump Planning Tower In Dallas

[Gary]

According to Emporis, Houston has 389 high rises and Dallas has 323. I do not know what they consider a high rise. So that means Dallas has to build 66 in order to catch up.

Yeah and Houston's highrises are in a more condensed area.

[Houston19514]

Banking214, how about if we try to get to the bottom of this, so to speak? Help me out here, if you can,... how many residential buildings are there in Dallas that stand at 25 stories or more? A list of buildings would be most helpful. I'm just not familiar enough with Dallas to know.

[I will contradict you]

Yeah and Houston's highrises are in a more condensed area.

Post deleted. See reminder at top of page.

[Dallasite]

Houston is the best city ever

[RedScare]

Quote deleted. See reminder at top of page.

I am so happy to hear your opinion on sprawl. But, what does that have to do with Donald Trump or the number of highrises in either city?

BTW, look up the Census figures on density of Houston and Dallas. You'll get the biggest kick out of it. I won't ruin the fun by giving away the ending.

[Houston19514]

Houston is what I like to call the capital of urban sprawl. Your Galleria is the biggest example of this. It is basically a central business district 6 miles away from downtown. It is also much more lively than Houston's downtown. In addition to prove this Houston is filled with larger strip malls than the ones in Phoenix and I thought those were huge. Houston in my opinion is the most spread out city on the planet.

And look up any objective study of sprawl... you will find that Houston is definitely NOT the capital of sprawl.

[jmancuso]

I will contradict you, you've been warned already about derailing threads. keep it up and We will ban you.

[I will contradict you]

Post deleted

[Houston19514]

*

and it proved to be just as ignorant and pointless as your segment about sprawl.

*Quote deleted. No flame wars allowed.

[713 To 214]

Trump says he's considering deals in Dallas

01/31/2006

By DAVID KOENIG / Associated Press

Donald Trump says he is looking at real estate deals in Dallas and could make a move in the next few weeks.

Trump declined to say much about his plans, but he predicted that a Texas version of his Trump Tower luxury hotel and condominiums would be a hit.

"If you built a Trump Tower in Dallas, it would do very well," he said. "It would sell out quickly and at the maximum price, like it has everywhere else."

The question, however, is whether Trump is late to the party. Dallas is teeming with projects that will add several hundred luxury condominiums near downtown and the restaurant-laden West End.

The W Hotel and Residences, by Ross Perot Jr.'s Hillwood real estate firm, will have about 150 condos priced from $500,000 to $3 million when it opens in a few months. The Residences at the Ritz-Carlton, with 70 condos priced from $650,000 to $6.1 million, nearly sold out even though it won't open until late 2007.

More is on the way. Developers of the landmark Stoneleigh Hotel say they'll build about 100 condos next door, and Perot plans another tower plus retail shops and restaurants.

But the market might have peaked. At the W Hotel and Residences, they are still trying to sell about 30 of the 150 units, said Jonas Woods, president of Perot's Hillwood Capital.

"We definitely see the demand slowing," Woods said. "I'm worried about how much product is being talked about in Dallas."

Trump said during a brief telephone interview that he knows all about the city's condo boom and office space bust.

"I know Dallas very well. It's a wonderful first-tier city," he said. "The market speaks for itself. It's got its ups and downs like any other city, but Dallas will always be Dallas."

Trump added that there is a lot of real estate on the market.

"That's good for me," he said. "Maybe that's why it's a good time to go."

Dallas has apparently been in Trump's sight for a while. Woods said he discussed the Dallas market about a year ago with Trump's son, Donald Jr., but hasn't heard from Trump's organization since. He believes a Trump Tower here could do well

[MidtownCoog]

"One weekend can make you a millionaire!"

Must..try--to...reist more Dallas bashing....

[dbigtex56]

Must..try--to...reist more Dallas bashing....

We appreciate that.

[RedScare]

Thanks for the article, 713/214. That answered a lot of questions being asked on this thread.

Two things:

1. Are Trump's quotes just priceless, or what?

2. When is Laura Miller going to start sounding like a big-city mayor not a two-bit cheerleader? She reminded me of Harriet Miers talking about the Gov/Pres.

EDIT: Just saw Coog's post. I hope this is not considered bashing. I just have a low tolerance for blowhards and political lightweights.

[MidtownCoog]

"He symbolizes luxury and pizazz and excitement."

PIZAZZ!

I'll have to add that one to the list (Ultra-urban, glitzy, glam, swanky, etc.)

[713 To 214]

Now that we've gotten all the preliminary hating out of the way, does anyone care to comment on the substance of the article?

[MidtownCoog]

I am not hating. I am actully ROTFLMAO.

[RedScare]

Will I be called a hater if I comment that this article seems to state what I was suggesting in several threads...that the number of projects being announced seemed far in excess of what the market would bear for million dollar condos?

[MidtownCoog]

This quote from the article says it all:

"I'm worried about how much product is being talked about in Dallas."

[713 To 214]

Will I be called a hater if I comment that this article seems to state what I was suggesting in several threads...that the number of projects being announced seemed far in excess of what the market would bear for million dollar condos?

Not by me. That's actually a valid point to consider. However, local real estate industry people seem convinced otherwise.

This quote from the article says it all:

Well, what all does it say from your perspective? I can actually extrapolate a couple of different things from that quote.

[dbigtex56]

"I don't like to talk about deals until I make them," he said. "Bad things can happen when you do that."

And that's why he confides in AP reporters...?

Now that we've gotten all the preliminary hating out of the way, does anyone care to comment on the substance of the article?

Hating? More like ridicule, if that's any better.

The substance of the article is that there is no substance to the article (see above quote). The Donald is, if you'll excuse the expression, a media whore - Paris Hilton with a comb-over. He's a brilliant promoter, and a shrewd businessman, who never passes up an opportunity for free publicity.

By no means is this a slam at Dallas. And let's not kid ourselves - Houstonians would pay attention if Trump expressed an interest in our city, too. It's just that this article makes one's BS meter go off the scale..

[The Great Hizzy!]

No doubt, the market will let you know if you've overstepped your bounds. The banks will also, especially when there are some (not all, mind you, but some) risky projects going up in high-dollar property markets on the California and Florida coasts. Banks are tired of pie-in-the-sky projects that ultimately go bankrupt because even at high occupancy, the developers are getting eaten alive due to high construction costs.

Now, this all doesn't necessarily apply to markets like Austin, Dallas, Atlanta, Houston, etc, but it probably does affect how developers may go about putting together deals in these cities.

The only thing that I've heard concerning Trump recently is that he had made some enemies in Palm Beach County over how he went about developing one of his properties there. His name is mud in that particular municipality and I think he may have gotten a good chiding by some county commissioners. Other than that, he seems to go about his business pretty fluidly.

[713 To 214]

It's just that this article makes one's BS meter go off the scale..

I agree. I think this is just a way for Trump to boost ticket sales for his upcoming motivational speech in Dallas. When he purchases some propoerty, then we can get excited.

[Houston19514]

Banking214, how about if we try to get to the bottom of this, so to speak? Help me out here, if you can,... how many residential buildings are there in Dallas that stand at 25 stories or more? A list of buildings would be most helpful. I'm just not familiar enough with Dallas to know.

Okay, I'll go ahead and start. I have counted 20 existing high rise residential buildings in Houston that stand at 25 stories or more (and there may well be more). Included in that number are:

-- three 40-story buildings

-- one 35-story building

-- two 34-story buildings

-- one 33-story building

-- two 31-story buildings

and

-- seven 30-story buildings, for a total of 16 existing buildings of 30 stories or more

Banking214 (or anyone else familiar enough with Dallas to respond), how many such structures are there in Dallas?

[713 To 214]

Okay, I'll go ahead and start. I have counted 20 existing high rise residential buildings in Houston that stand at 25 stories or more (and there may well be more). Included in that number are:

-- three 40-story buildings

-- one 35-story building

-- two 34-story buildings

-- one 33-story building

-- two 31-story buildings

and

-- seven 30-story buildings, for a total of 16 existing buildings of 30 stories or more

Banking214 (or anyone else familiar enough with Dallas to respond), how many such structures are there in Dallas?

If you really want to explore those comparisons, why don't you just start another thread?

[Houston19514]

If you really want to explore those comparisons, why don't you just start another thread?

You're quite the bossy little guy today, aren't you? ;-)

ummmm... because I didn't feel like it? ;-) Someone posted a comment that highrises hadn't caught on in Houston to the extent they have in Dallas, which led to something of a side conversation exploring whether that was in fact true. Should that initial comment have been in another thread? Should all responses to that comment have been in another thread? At what point is another thread required? I suppose it is slightly off the topic of this thread, but only very slightly. The thread has been a discussion of the Dallas, and tangentially, the Houston, high-rise market. I don't see why an objective comparison of those markets cannot be explored within this same thread.

Or are only posts that mention Donald Trump and words like "pizazz" and "terrific" allowed in this particular thread?

[713 To 214]

You're quite the bossy little guy today, aren't you? ;-)

ummmm... because I didn't feel like it? ;-) Someone posted a comment that highrises hadn't caught on in Houston to the extent they have in Dallas, which led to something of a side conversation exploring whether that was in fact true. Should that initial comment have been in another thread? Should all responses to that comment have been in another thread? At what point is another thread required? I suppose it is slightly off the topic of this thread, but only very slightly. The thread has been a discussion of the Dallas, and tangentially, the Houston, high-rise market. I don't see why an objective comparison of those markets cannot be explored within this same thread.

Or are only posts that mention Donald Trump and words like "pizazz" and "terrific" allowed in this particular thread?

I just asked a simple question. You answered it. Thanks.

[JasonDFW]

Someone posted a comment that highrises hadn't caught on in Houston to the extent they have in Dallas, which led to something of a side conversation exploring whether that was in fact true.

I don't see why an objective comparison of those markets cannot be explored within this same thread.

I think Redscare said it first, and I don't want to put words in his mouth, but I would have thought he's talking about the current popularity and construction of these. As for existing stuff, I would expect (gut feel) Houston to have about 1.8x the number of them which would be about the same number per capita and also the same number per square mile.

And for the Dallas existing projects, which is what I thought this was about (and may be wrong), I have already listed them above. Its these projects that in my opinion give the general feel that Redscare alluded to (as well as the proximity issue that he also mentioned). If some of those buildings don't meet your qualifications for high rise, there is a single thread on the DFW forum (actually a single post) that has all height/story counts so you can remove some. For me personally, my requirements for "high rise" differ between commercial and residential, which may be technically wrong. The limit on high rise residential in most of the areas of Dallas where you find them is about 28 stories (although some are going a hair higher) so its possible none of those meet your or the official criteria.

Jason

[RedScare]

Yeah, it was me that started it. My comment was somewhat related to Trump's announcement in that I was curious whether the market was getting overbuilt. I suggested that perhaps the Dallas market would support more of the new construction than Houston would. I am also a little confused as to how many of these projects are actually coming out of the ground. Obviously, living in Houston, I know which ones are talk and which ones are pouring concrete. Dallas, I can't drive around and look at.

I think 713/214 nailed Trump, though. He's selling tickets. Hell, he's always selling something.

But, if all of this high rise residential talk that is NOT Trump's is too far off the mark, the Mods can tell us to move it. I just think there is only so much we can say about Trump before it turns ugly. My tangent at least lets us debate whether he should even attempt it.

My .02

[Houston19514]

I think Redscare said it first, and I don't want to put words in his mouth, but I would have thought he's talking about the current popularity and construction of these. As for existing stuff, I would expect (gut feel) Houston to have about 1.8x the number of them which would be about the same number per capita and also the same number per square mile.

And for the Dallas existing projects, which is what I thought this was about (and may be wrong), I have already listed them above. Its these projects that in my opinion give the general feel that Redscare alluded to (as well as the proximity issue that he also mentioned). If some of those buildings don't meet your qualifications for high rise, there is a single thread on the DFW forum (actually a single post) that has all height/story counts so you can remove some. For me personally, my requirements for "high rise" differ between commercial and residential, which may be technically wrong. The limit on high rise residential in most of the areas of Dallas where you find them is about 28 stories (although some are going a hair higher) so its possible none of those meet your or the official criteria.

Jason

My request for numbers was a specific response to a specific statement by banking214: "Dallas has always been a leader in Texas for high rise projects."

I am not interested in just current projects. I am interested in the whole market. Is there a listing somewhere of all of the high-rise residential buildings in Dallas? I am not wedded to the 25-story height. That was just a random cut-off that seemed reasonable.

[BayouCityGirl]

what if Donald Trump, Hilton, and Tilman Fertita built a hotel and planned it together? what do you think it'd look like?

I'd say it'd have a casino, with sharks in the pool with marble tiles at the bottom and pure gold in the rims of the pool. I'd say it'd be costly to stay at over night and we all can see a little green (don' t mean envy) in this trio.

Reason Donald Trump doesn't want to come to Houston is because Tilman owns half the city in hotels!

He'll bark Donald out of territory! (Like a mad Doberman tied to a dog house)

sorry long day...and my attempt at bad jokes