^
Keep Dallas Observer Free
4

It's Official: Crozier Tech's on the Market

A couple of weeks back we talked to Realtor Newt Walker about Cali-based Robert Yu's decision to put the old Dallas High School, more commonly known as Crozier Tech, on the market after all these years. Said Walker, "Time cures a lot of things," referring to Yu's long-held grudge against the city for turning the century-old school into a historical landmark shortly after he bought it in 1998 with the intention of razing the structure.

Looks like Walker's done with his due diligence: The property hit LoopNet Friday. And while city officials are cautiously optimistic, they also remind: Yu's had the building on the market before -- during his litigation with the city, matter of fact. Back then he said that because no one made an offer on the property, which he was trying to offload at well above the appraised value, well, then, it must be worthless. At which point he yanked it off the market and vowed to hang on to the property for generations to come, just to stick it to the city.

This is how Walker's selling the property now:

A 5.42 acre development site in downtown Dallas. Part of the site, 1.13 acres, is within a historic district which protects the former "Dallas High School" constructed in 1907. City Ordinance 24469 establishes Historic Overlay District No. 101 which outlines the requirements for preservation and restoration of the existing structure. The remaining 4.29 acres can be developed in accordance with City of Dallas Zoning district CA-1.

East part of Dallas on the Pearl Street DART station. Bounded by Pearl, Bryan, Live Oak and Central.

The price is not disclosed. But the Dallas Central Appraisal District has it down at $6.8 million.

I Support
  • Local
  • Community
  • Journalism
  • logo

Support the independent voice of Dallas and help keep the future of Dallas Observer free.

Keep the Dallas Observer Free... Since we started the Dallas Observer, it has been defined as the free, independent voice of Dallas, and we would like to keep it that way. Offering our readers free access to incisive coverage of local news, food and culture. Producing stories on everything from political scandals to the hottest new bands, with gutsy reporting, stylish writing, and staffers who've won everything from the Society of Professional Journalists' Sigma Delta Chi feature-writing award to the Casey Medal for Meritorious Journalism. But with local journalism's existence under siege and advertising revenue setbacks having a larger impact, it is important now more than ever for us to rally support behind funding our local journalism. You can help by participating in our "I Support" membership program, allowing us to keep covering Dallas with no paywalls.

We use cookies to collect and analyze information on site performance and usage, and to enhance and customize content and advertisements. By clicking 'X' or continuing to use the site, you agree to allow cookies to be placed. To find out more, visit our cookies policy and our privacy policy.

 

Join the Observer community and help support independent local journalism in Dallas.

 

Join the Observer community and help support independent local journalism in Dallas.