Tuesday, May 06, 2008

The Heritage at the Stoneleigh Opens New Sales Center

Heritage Residents Will Have Full Access to Amenities from Landmark Stoneleigh Hotel & Spa
With its just-opened sales center, The Heritage at the Stoneleigh can now proudly present the unique appeal of living in a luxurious, contemporary residence enhanced by the personal services and amenities of an adjacent, legendary, restored and modernized boutique hotel. The Heritage sales center is located inside The Stoneleigh Hotel and Spa at 2927 Maple Avenue in Dallas, Texas.
Along with the hotel, The Heritage tower shares 2.5 acres in enticing Uptown, an urban oasis noted for its tree-lined streets, galleries, restaurants and easy access to the landscaped 3.5-mile Katy Trail.
By visiting this new center, aspiring urban dwellers will be enlightened that this paired residential tower and celebrated landmark hotel, nestled in its vibrant Uptown neighborhood offers an incomparable lifestyle.
Newly modified floor plans, as well as enhancements in amenities and finishes offer extra buyer appeal and help further distinguish this urban residential choice which plans a late 2009 opening. Prices range from the $400,000’s to $3 million plus. For more information, visit www.heritagedallas.com. To schedule a private appointment before the public offering, call 214-530-2021 or e-mail sales@heritagedallas.com.
“The Heritage is a lifestyle offering that presents future residents with the opportunity to be a part of a real, enviable neighborhood while partaking in the amenities of the historic Stoneleigh Hotel that has a spirited sophistication and soul,” said Jud Pankey, chief executive officer of Prescott Realty Group, which co-owns the residences and hotel with Apollo Real Estate Advisors in New York. “Heritage residents will have the opportunity to elevate their service experience by purchasing a residence while also enjoying the unique historic charms and modern elegance of the neighboring hotel and its award-winning chef.”
“The Heritage at The Stoneleigh offers a compelling lifestyle for people who want to connect to the vitality and sophistication of urban Dallas, but can’t imagine life without a green neighborhood surrounding them,” said Al Coker. “We are pleased to have the opportunity to help buyers envision The Heritage’s unique offering which pairs luxurious residences and gracious hotel in their own colorful neighborhood.”
“We are also pleased that we have been able to inspire and influence modifications to floor plans and amenities which will make the residences that much more appealing,” added Coker. “Even though incorporating these changes into the construction schedule may cause a temporary delay in construction, we believe the changes will make the residences more distinctive and will be worth the wait in the long run. Sometimes it’s the little things that make the biggest difference, and your home should be no exception.”
The Heritage will echo the classic architectural detailing of The Stoneleigh Hotel & Spa, which will be separated from the residences by a beautifully landscaped courtyard. It will offer one-, two-, and three-bedroom homes and penthouse suites, with floor plans ranging from 1,200 to just under 4,000 square feet.
The Heritage residents will benefit from the finest personal services and amenities, including housekeeping, linen service, dry cleaning and private-entrance arrival with valet parking. Other amenities include a fitness center, wine room, outdoor dining area, library, club room and business center.
The well-appointed condominiums will be designed in a sophisticated "modern traditional" style and feature preferred Viking kitchen appliances and Kohler baths. Each home boasts an expansive terrace overlooking Dallas' stunning downtown skyline or its charming Turtle Creek or Uptown neighborhoods.
The 22nd floor of The Heritage will house an array of exclusive resident amenities to ensure a lifestyle comparable with estate living. From the Constellation Club for private parties, and the outdoor terrace, with its stunning views of Dallas' skyline to a wine room, billiard room, catering kitchen, and card room, every facet of a sophisticated lifestyle is accommodated. The building's lobby and common areas will be adorned by an impressive collection of original artwork honoring Texas' best artists.
The Heritage features its own resort pool with negative-edge waterfall and a lush private park for exclusive resident use, including an expansive, European-style open lawn perfect for hosting croquet or garden parties.
The Heritage residents will also have full access to all of the luxury amenities at The Stoneleigh, including the 5,200-square-foot, full-service Stoneleigh Spa. Certain to be a favorite resident benefit, is the promise of room service provided by the hotel's signature restaurant, Bolla, which serves fresh modern Italian cuisine by chef David Bull, a 2007 James Beard nominee for "Best Chef in the Southwest" and Iron Chef challenger. The Stoneleigh Hotel & Spa originally opened in 1923 and has hosted celebrated guests such as Judy Garland, Katherine Hepburn, Bob Hope, Elvis Presley, Andy Warhol and Frank Lloyd Wright. The elegant hotel recently underwent a $36-million renovation with the assistance of the talented Managing Director, John Langston, and renowned hotelier Jeff Trigger. The Heritage residents will have direct access to the hotel through a climate-controlled underground tunnel providing increased ease and privacy or across the beautifully landscape courtyard.
About The Stoneleigh Hotel & Spa
Re-opened March 2008 after a $36-million renovation and restoration, the award-winning Stoneleigh Hotel & Spa is a legendary, 170-room, Art-Deco hotel on a tree-lined street in the beautiful Uptown residential district of Dallas. First opened in 1923, The Stoneleigh Hotel & Spa restoration maintains the landmark hotel’s period-style architecture while updating it with modern comforts and amenities. Within the 12-story hotel is a myriad of guest room styles and layouts designed by Forrest+Perkins. Among them are nine Tribute Suites to legendary past visitors such as Elvis Presley and Judy Garland, as well as opulent Penthouse Suites designed by Carleton Varney of the renowned Dorothy Draper Company. A new restaurant, Bolla, offers innovative modern Italian cuisine created by Iron Chef-challenger and James Beard-award nominee, David Bull. There is also a new 5,200 square-foot luxury spa and fitness center. Interiors feature works by some of the state’s most talented artists, while a magnificent Grand Salon on the top floor presents Dallas in panorama. The Stoneleigh Hotel & Spa is a member of Preferred Hotels & Resorts and Historic Hotels of America. www.stoneleighhotel.com
About Prescott Realty Group
Employing twenty years of unprecedented real estate expertise, Dallas-based Prescott Realty Group specializes in the development of mixed-use, urban infill projects and infrastructure rich settings. Since the company started in 1996, Prescott has been a prime contributor and quiet leader in transit, mixed-use developments and residential projects providing people with live, work, and play environments. Prescott has recently hit the fore-front of the real estate industry under its ownership of the newly renovated historic and award-winning Stoneleigh Hotel & Spa, The Heritage residences, University Crossing and its development of Lake Highlands Town Center, Dallas’ largest transit-oriented development. Through Prescott’s signature strategy, personnel, execution, and community impact, they have reason to celebrate their influential experience and notable tradition.
About Al Coker & Associates
Al Coker & Associates is a one-stop shop real estate marketing firm that specializes in high-end urban residential projects. Combining over 30 years of unsurpassed regional and national experience, Al Coker & Associates has delivered highly successful results in the marketing and sales of over $1 billion in high-value condominium and townhome developments. They have crafted the on-site marketing campaigns for some of the regions most prominent condominium projects, including high-rise, mid-rise, mixed-use and townhome developments. Their expertise includes handling new sales at on site sales centers with company-staffed, project dedicated sales people.
About La Corsha Hospitality Group
La Corsha Hospitality Group is an Austin, Texas-based hotel management and consulting company. The company was founded in July 2006 by 25-plus year hotel industry veteran Jeff Trigger. Trigger and his associates have an extensive background that specializes in repositioning and restoring historic hotel properties. His signature world-class work can be seen in the properties he's previously overseen transformations of, including downtown Austin's The Driskill Hotel, in Dallas hotels like The Mansion on Turtle Creek and The Adolphus Hotel. Trigger has been named to the list of "Best Hotel Managers in The World" by Leaders Magazine and listed as a "General Manager of The Year" by Business Traveler Magazine.
About Apollo Real Estate Advisors
Apollo Real Estate Advisors is a leading international real estate fund manager that has been investing in the United States since 1993 and globally since 1995. Headquartered in New York, with offices in Atlanta, Chicago, Los Angeles, London and Mumbai, Apollo has a team of more than 55 investment professionals focused on generating returns for its investors. Apollo pursues a range of real estate investments that offer the opportunity for highly attractive risk-adjusted returns, whether through its opportunistic funds, value added funds or its mezzanine loan business. Apollo has overseen the investment of several real estate funds and joint ventures, through which it has invested over $8 billion in more than 450 transactions with an aggregate value in excess of $30 billion. Apollo's investors consist of leading global government and corporate pension funds, insurance companies, endowments and high net worth individuals.