Dallas suspends all real estate deals after problematic $14M purchase

The Brief

  • City Manager Kimberly Tolbert has told the city to stop new real estate purchases.
  • In 2022, the city purchased an office tower for $14 million that had several fire code violations.
  • The building would require many millions more to get up to code and the city is spending $73,000 each month to maintain and secure the building.

DALLAS Dallas City Manager Kimberly Bizor Tolbert admitted in a new report that Dallas taxpayer dollars were wasted when the city purchased an office tower riddled with code violations.

Dallas Permit Office Problems

The backstory:

An 11-story office tower located at 7800 N. Stemmons Freeway was made under the city’s prior administration in 2022.

The $14 million building was supposed to serve as the city’s new building permitting office, but was closed after 39 fire code violations were discovered after employees moved in.

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