Preston Place
If traffic is the major argument against redevelopment in PD-15, a new study could render it moot. The traffic study, conducted by Pacheco Koch and funded by the Preston Place condos, was posted online Tuesday and makes for interesting reading. The map above shows the study area bounded by Preston Road, Northwest Highway, Walnut Hill,…
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This is the real story of the Pink Wall – a little pocket of Preston Hollow tucked between two of the highest net worth zip codes in the country. It is one of the few places where women of means at some point, who suddenly find themselves with a drastically limited bank account, can live with some dignity. And safety. For years it has been the answer to the need for affordable housing skirting the city’s wealthiest neighborhoods.
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[Editor’s note: Jon Anderson is a columnist for CandysDirt.com. His opinions are his own.] While Thursday’s meeting fell short of the usual fireworks PD-15 brings about, the City Plan Commission asked some great questions regarding city staff’s proposed changes to PD-15. In the lead-up to City Plan Commission’s public hearing on staff’s proposal for updating PD-15,…
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The highlight of last night’s PD-15 meeting was seeing the developer proposals for both the Diplomat and Preston Place by A.G. Spanos and Provident Realty, respectively. No slam on city planners, but somehow platting, drainage, and residential proximity slopes don’t hold the same ooo-ah as drawings. To give a few spoilers, A.G. Spanos’ plans for…
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A.G. Spanos has released a second, more thorough economic analysis of the feasibility of redeveloping Pink Wall parcels within the confines of the Preston Road and Northwest Highway Area Plan (PRNHAP). Spanos has a contingent contract to redevelop the Diplomat condos within PD-15 and has financed both viability studies. While Spanos has obvious motives, any…
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