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Want to Own a Downtown Club? Buildings Housing Plush and Skye Bar Are For Sale.

Inside Plush
Inside Plush

Back in late '08, developer Bryan Foster went to Dallas City Hall to see about getting $475,000 in City Center Tax Increment Financing District reimbursements, which he said were needed to give 1400 Main Street, then a 1954 building in sorry shape, an $4-plus-million extreme makeover. The end result: Plush, which bills itself as "The Premier Dallas Nightclub."

But a Friend of Unfair Park directs our attention to the LoopNet listing placed last week: 1400 Main's on the market now, the asking price a cool $4.5 million. But Realtor Ken Nwokedi tells Unfair Park this morning "just the building is for sale. The club will remain." (DCAD has the property valued at $2.3 million.)

He says Foster will lease the property from whoever buys the building -- if somebody buys the building -- and that Plush will, in fact, stay open as part of the deal. Bryan McCann is no doubt relieved.

But that's not all: I see Nwokedi is also repping the Palestine, Texas-based owner of 1217 Main Street -- otherwise known as Skye Bar -- who's asking $4.7 million for a property on the tax rolls for $2 million.


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