DALLAS –– A solution to the ongoing battle between the Nasher Sculpture Garden and the new residential high-rise Museum Tower may be in the works.
The searing solar reflection off Museum Tower onto the neighboring Nasher Sculpture Garden has turned into a glaring problem for the high-dollar residential highrise and its owners, the Dallas Police and Fire Pension System.
On Thursday, the board discussed an offer to sell the tower along with its troublesome glare. The yearlong stalemate over finding a solution is linked with sluggish condo sales. Simply put, it appears the owners are nowhere close to a resolution.
"I'm hoping that technology will come around in the next few years and develop something that maybe will solve the issue,” said Pension System Administrator Richard Tettamant.
The answer to the tower's troubles could be found in successful Dallas developer Jack Matthews, who has offered to buy majority ownership of the tower from the Police and Fire Pension System. Matthews has already teamed up with the city on a number of developments including the Dallas Convention Center’s Omni Hotel.
The Police and Fire Pension Board met in closed session Thursday to discuss a possible sale.
"We expected offers,” said George Tomasovic, Pension System Chairman. “I mean it's a beautiful building, great location; I mean why wouldn't anybody want to look at that and make us an offer? But we're a long way from deciding."
The question is, how long can the Dallas Police and Fire Pension System wait? Amid the controversy and uncertainly, only 15 of the 100 units have been sold.