PD-15

The run-up to Wednesday’s tenth PD-15 meeting should’ve filled area residents with anger. The self-centered towers were at it again. On Monday, Athena management company ICI Real Estate sent residents an “URGENT!!!” call for Athena residents to attend last night’s meeting (Preston Tower did the same).

It said Bob Bowling from Preston Tower was going to make a motion to dissolve the authorized hearing and send developers directly to City Plan Commission. Athena representative Margaret Darden was scheduled to second the motion after which residents in the audience were encouraged to stand and applaud. It was so kindergarten, I’m surprised there wasn’t a warning about not eating paste.

Their argument consists of the same tired, disproven tropes as always – four high-rises, unprecedented traffic and 10 years of non-stop construction. Blah, blah, blah. If you want to sing that song, read this or this.

NOTE: ICI seriously overstepped their bounds by sending such a loaded, propaganda-filled email to residents under their own account. Darden and Dewberry should have sent their drivel opinions and plans from their own accounts. (Full disclosure: I send email wrap-ups and links to PD-15 stories to residents within the building under my personal account. I have never asked or even thought to involve the management company.)

You may recall back in July, I reported on an email Preston Hollow South Neighborhood Association (PHSNA) president John Pritchett sent to committee members where he said they’re “not the A-Team in terms of zoning matters.” Apparently, Towers representatives Bob Bowling, Tatiana Frierson, Margaret Darden and Barbara Dewberry agree with the assessment, so hot are they to disband the committee. It’s almost comical, too. The Laurel apartments on Preston Road and Northwest Highway are pretty universally disliked and yet these representatives are in the same camp as Pritchett, who —to hear him tell it — single-handily led the negotiations for the neighborhood with developer Transwestern.

NOTE: If any member of any committee feels too stupid to do the job, resign and stop trying to crater a process everyone else is working in good faith to complete. (more…)

A Graphic intended to inflame

Last night, the two towers bookending PD-15 held a “Town Hall” meeting to talk about “proposed rezoning” of their low-rise neighbors.  It was ironic to hear the word “neighbors” spoken so frequently by a group who, at the end, raised their hands in favor of continued “towers only” meetings. In this case, “neighbors” really means “us.”

The meeting was run by

  • John Pritchett, Preston Tower resident, PD-15 working group and, secretary and recent president of the Preston Hollow South Neighborhood Association
  • Carla Young, Athena HOA president and PD-15 working group member
  • Susan Conard, Preston Tower
  • Roger Albright, attorney hired to advise the Athena and Preston Tower in PD-15 matters

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Amenity Deck at Turtle Creek's Vendome

Amenity Deck at Turtle Creek’s Vendome

Welcome to our second installment of the Dallas High-Rise Buyer’s Guide as I break-down some of the costs associated with Dallas’ high-rises.  The first installment featured Turtle Creek’s first high-rises where utilities and their costs are contained within their HOA dues.  For this installment, I’m moving north of Northwest Highway to detail the Athena, Preston Tower, Grand Treviso, and The Bonaventure. I know you’re thinking that Grand Treviso is in Irving, not Dallas.  Well, out there on its own, if not me, who?

But before we head north, there’s one more Turtle Creek high-rise that also includes utilities in their HOA dues. Built in 2000, it’s decades newer than its sister-utilities buildings. I’m talking about the Vendome.  Surprised?  Me, too. But last week’s posting was already really long, so here we are.

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Athena Exterior 1

Yes, I’ve recently written a lot about the Pink Wall (the fire and all) including an Athena double-unit listing at $1.1 million, and normally I’d be loathe to write about the same building so soon, BUT …

Unit 915 at the Athena is a two-bedroom, two-bathroom unit with 1,543 natural square feet that picks up 230 more feet from an already enclosed balcony.  HOA dues are $1,037 per month but in addition to all the usual high-rise maintenance and such, also includes all utilities, cable TV, and internet.  It’s listed for $249,900 with Diana Boswell of JP & Associates.

That’s $141 per square foot. No high-rise in Dallas is trading at that rate.

Of course there’s a reason.  While the agent says, “With a little bit of TLC…” I’d say, “It’s a dump” … but in a good way.  To a renovator, “It’s a dump” means, “Tell me more.”

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