To kick off 2019, the Dallas Chapter of the Cornell Real Estate Council held a property tour and Happy Hour. The group met with the founders of the new Urban Live-Work concept, Bluelofts and then toured the company’s first model unit. CREC members finished the evening off with a Happy Hour at the historic Statler Hotel in downtown Dallas.
Bluelofts is a brand new concept dreamed up by Ike Bams and John Williams. It seeks to fuse the growing trend for on-demand office with a creative living solution. It also addresses a structural problem in many office markets where obsolete space sits perennially vacant (e.g. downtown Dallas). The company was recently featured in the Dallas Morning News (read article here) and is working to build out their first floor of lofts.
In terms of the concept. Bluelofts approaches CBD high-rise office owners with hard-to-lease floors of office space, and offers to put that space to work. The company converts the vacant floors of office space to residential lofts with accompanying amenity space. The lofts are built off-site in Germany, and then shipped in and assembled on-site.
From the resident’s perspective, Bluelofts is a flexible, high-tech, turn-key alternative to apartment and condo living. Leases are offered on a daily, monthly, or annual basis. Each unit comes with state-of-the-art smart home features. And all Blueloft units come fully furnished.
Ike and John started the tour off by sharing a presentation on the concept, and then led the CREC Dallas team through their model unit located on the 23rd floor of the 1700 Pacific building. The Bluelofts founders as well as the interior designer answered questions during the tour and at the Happy Hour afterwards. A huge thank you to the Bluelofts team for a first look at an innovative new concept in real estate.