Park Towers Small 2

Park Towers is one of Dallas’ original high-rises built in 1964 and located at Fairmount and the Katy Trail. It’s been no secret that I like their floor plans but hate the exterior of mismatched enclosed balcony “sheds” (that have finally been painted a uniform color). When I was looking to buy in 2012, I kept hoping the right unit would pop on the market. Today I can say, “thank God it didn’t.”

Word comes to from residents and Realtors that last Thursday, after barely finishing $3.7 million in special assessments (about $40,000 per unit) to take care of long, long, looooooong neglected infrastructure, that Park Towers now just raised their HOA dues a staggering 38 percent.

The HOA meeting was standing room only as the board approved the increase to cover a $247,000 shortfall from the $3.7 million spent on capital improvements. Many residents made the case for another special assessment to cover the shortfall and a more modest increase to the monthly dues. They were cheered by others in the meeting but the board wouldn’t budge. With resident monthly dues going up $500-ish a month, it’s not hard to understand their wrath.

This episode is yet another example of poor communication between residents and their HOA boards and management companies.  Residents were reportedly unaware of the impending increase. They were just told the budget would be discussed at the meeting and encouraged residents to attend.

As one resident put it, “Shazam!” The increase just materialized without warning. And let’s face it: the last thing a resident expects to hear after a $3.7 million special assessment is that the “party” is just getting started.


Park Towers Exterior

Built in 1964, Park Towers Condominiums is a fantastic building heavy on the amenities, with a huge pool surrounded by a cluster of overhanging live oak trees, party rooms sporting their own china and crystal, and guest suites to put up friends and family. So you may be wondering, why is a single building called “Park Towers”?

That’s because, as Dallas highrise aficionado Nancy Martinez claims, initial plans included two buildings, although only one tower was built. Interesting!

3310 Fairmount 10B Living 1 3310 Fairmount 10B Living 2

This lovely building at 3310 Fairmount Street in the Turtle Creek area has tons of fantastic midcentury modern features across its 89 swanky units. Spacious balconies with panoramic views of the neighborhood, including Reverchon Park, attract upscale urbanites who enjoy the incredible shopping, dining, and nightlife nearby.

3310 Fairmount 10B Dining 3310 Fairmount 10B Wet Bar

If you’re looking for the perfect pad for your inner glamazon, Unit 10B at Park Towers will fit you like the perfect pair of Jimmy Choos. This gorgeous unit has original parquet floors refinished to a splendid espresso brown, neutral paint, gorgeous draperies, and a kitchen that is just plain sexy. It’s fresh to the market, just listed by Dave Perry-Miller InTown Realtor Suzann Farren for $360,000.

Elizabeth Taylor ParisThis two-bedroom, two-bath unit has more than 1,500 square feet that oozes class and vamp like Elizabeth Taylor in “The Last Time I Saw Paris.” The open living and dining areas are perfect for showcasing your collection of antique and refinished furniture, and the views are worthy of a Dwell spread. You’ll adore the built-in wet bar, that is outfitted with row after row of martini glasses, just waiting for the next low-key party you’ll host.

The kitchen features glossy black and shark fin gray cabinets, a mirrored backsplash, and a paneled ceiling that is just perfect for this condo. Updated built-in appliances help modernize the kitchen, but don’t detract from its sleek style.

3310 Fairmount 10B Kitchen

The bedrooms both have floor-to-ceiling windows, where you can appreciate even more excellent views and sunsets. The master is a spacious 18 x 12, and the second bedroom, which features a built-in bookcase, is 16 x 13. The master bath has gorgeous marble on the floor and shower surround, and high-style vanity that feels more like a night at the Ritz.

3310 Fairmount 10B Master Bed 3310 Fairmount 10B Master Bath 3310 Fairmount 10B Balcony

It’s a gorgeous building and a very glamorous unit, that’s for sure!