Dallas Police & Fire Pension Fund Says it Has "Several" Offers to Buy Museum Tower

Categories: Development, Shiny

Museum Tower Thibodeaux.jpg
Photo by Brandon Thibodeaux
Every month, the Dallas Police and Fire Pension System's board of trustees convenes at the break of dawn for its regular meeting. On a scale of exciting-ness, that meeting usually ranks somewhere between scrubbing the mold from one's bathroom tiles and looking at the photo album my aunt used to keep of her lawn. At the first sign of anything interesting taking place -- namely, any mention of Museum Tower -- the board immediately goes into closed session and kicks everybody out of the room.

That's exactly what happened again today, on the heels of a piece last week in the Morning News reporting that the project may have an interested buyer, namely developer Jack Matthews. After approximately 700 years of bickering with the neighboring Nasher Sculpture Center about light, heat bouncing from the shiny tower, the pension fund may have an out, if they choose to take the offer.

Pension fund administrator Richard Tettamant wouldn't say much to us about the Matthews bid, apart from confirming that it's "one of several" they're considering.

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