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    Preston Center News

    New report on Dallas' Preston Center parking garage offers some slim hope

    Jon Anderson
    Jul 2, 2020 | 3:12 pm
    Preston Center
    Almost everyone wants a park. Almost.
    Courtesy rendering

    Preston Center is as out of place in Preston Hollow as a Hershey's Kiss on a Ritz-Carlton pillow.

    The Preston Center parking garage, which sits on land owned by the city of Dallas, is the city's biggest chance to fix that. A 2016 plan recommended an underground garage with a park on top, and Dallas City Council member Jennifer Gates has been working with the neighborhood, North Central Texas Council of Governments (NCTCOG), and local landowners to move that vision forward.

    But any momentum has been dashed due to the Preston Center West Corporation (PCWC), made up of the landowners who own the neighboring businesses and property.

    To refresh, the garage is a textbook bad agreement worked out decades ago and reaffirmed by legal battles between the city and PCWC, who have veto power on everything. Any plan put forth by either party requires 100 percent buy-in – so it always ends in a stalemate.

    In March, NCTCOG and Walker Consultants put together a new 145-page report for the city on the existing (deteriorating) conditions, with two options for redevelopment.

    Two options
    Option one is what everyone but PCWC wants – a fully underground garage with a park on top.

    Option two is sorta what PCWC wants – an apartment tower on part of the land with a smaller park on top.

    I say sorta, because the last time we saw Robert Dozier, PCWC representative and presumed developer of the apartment tower, he wanted to cover the entire lot with parking and a high-rise with zero green space outside a pair of earmuff parkettes on two corners of the 3.15-acre parcel.

    The PCWC plan was developed by people who think trees are useless without actual cash falling from them. That is, unless it's their own home. Dozier’s 7,700-square-foot home on a half-acre lot in University Park has five mature trees in the front yard.

    New concessions
    The new plan offers a possible compromise by conceding half the block for an apartment building. I think that's a mistake. As we saw two weeks ago, there are two residential high-rises, by Leland Burk and by Rosebriar, proposed for the Hopdoddy corner of the garage. Combined, they will bring 360 housing units and 245 hotel rooms to Preston Center – and 39 trees.

    Should they face Dozier's high-rise or overlook a park? Mercurially, the garage tower is competition to Leland Burk's apartment tower, while Rosebriar's hotel and condos on the corner get blocked views and no benefit from more apartments.

    Were I Burk or Rosebriar and members of the PCWC, I'd vote against the garage high-rise, killing it cold. Did Burk, a Preston Center task force representative for Preston Center's Zone One, know that the park written into the plan didn't have the support of PCWC?

    Interesting tidbits
    Most of the information in the 145-page report has been hashed before, but there were some interesting tidbits:

    • Regardless of whether option one or two is selected, the construction time is the same: 23 months.
    • Both options require the entire parking garage be closed for the duration of construction. They'll need to find alternate parking.

    Whether it's a full-park or half-park, it'll require the same timetable and the same inconvenience.

    Money
    The other big consideration is money.

    • The estimated cost for the full park is between $38.5 and $41.2 million.
    • The estimated cost for the half park is between $38.1 and $39.7 million.

    The potential savings by building a half-park are between $400,000 and 1.5 million (less for the half-park). Opperations and maintenance costs are identical.

    With no time savings, no inconvenience savings, and virtually no money savings, why not be bold and go for the fully underground option with its full park?

    The PCWC’s veto, that’s why.

    City should wait it out
    The PCWC doesn't seem to have ever wanted the full park – they're probably squeamish about the half-park. But the city is not on the hook for the crumbling garage's maintenance. PCWC is. Sitting on the land and waiting for the garage to die doesn't hurt the city, except for any insurance needed in case a chunk falls off.

    Those wanting to breathe life into moldering Preston Center feel cursed by the PCWC's veto, but the option to do nothing is just as powerful. If those landowners are okay with their lower-rent tenants operating in a slum, so be it. Time is on their side. What can't be controlled is whatever the next D13 council person does. Gates is on her final term.

    Her successor may believe in the PCWC's aesthetic wasteland vision. But I remind City Hall, nowhere on earth is there a city complaining about too much green space.

    This assumes Dozier still wants that original plan of a single high-rise. But as we'll share in part 2 tomorrow, he's been hard at work to fully develop an ugliness that lines pockets at the neighborhood’s expense and the city’s dime.

    ------------------

    A version of this story appeared on Candy's Dirt.

    urban-renewal
    news/real-estate

    Tax Hike

    Texans saddled with 7th highest property taxes in nation for 2026

    Amber Heckler
    Feb 17, 2026 | 9:01 am
    house in neighborhood
    Photo by Ronnie George on Unsplash
    The Texas property tax burden keeps going up.

    Property taxes can be a particularly sore subject for homeowners, and a new study has revealed Texans are saddled with the seventh-highest property taxes in the nation.

    WalletHub's annual report, "Property Taxes by State," released February 17, found Texas homeowners will pay a median $4,232 in property taxes in 2026. That's based on the state's median home value of $283,800.

    Last year, Texans were on the hook for a $4,111 property tax bill based on a median home value of $260,400. And Texas residents are expected to pay $360 more on their property taxes this year than in 2024, when the figure was $3,872.

    To determine which states have the biggest and lowest property tax burdens on residents, WalletHub's experts divided each state's median real estate tax payment by its respective median home price. The report then used the resulting rates to extrapolate the annual real estate tax that would be paid on a house valued at $332,700, which was the median value for a U.S. home as of 2024 (the year where the latest data was available). All 50 states and the District of Columbia were analyzed.

    Texas tied with Nebraska as No. 44 in the national ranking of states with the highest property tax burdens for residents right now. Both states have an effective tax rate of 1.49 percent, the data said.

    Still, the property tax burden in Texas isn't as punishing as New Jersey (No. 51), whose residents are shelling out almost $9,600 on their property taxes this year based on a median home value of $454,400. On the opposite end, Hawaii is the state with the lowest property taxes, with residents spending about $2,239 based on a median home value of $839,100.

    The annual property taxes Texans would pay on a $332,700 home (the 2024 U.S. median home value) added up to $4,961, the report said. For added context, the U.S. Census Bureau found the average American household pays $3,119 annually on property taxes.

    Of course, property taxes vary by region, and residents living in Dallas County are familiar with enduring tax hikes. Dallas renters are also affected by rising property taxes despite not owning their homes, WalletHub said.

    "While property taxes may seem irrelevant to the 35 percent of households that rent, that assumption misses the mark," the report said. "Whether paid directly or indirectly, nearly everyone bears the cost of property taxes, as they influence rental prices and help fund state and local governments."

    According to Walltethub, the top 10 states with the lowest property taxes for 2026 are:

    • No. 1 – Hawaii
    • No. 2 – Alabama
    • No. 3 – Nevada
    • No. 4 – Arizona, Colorado, and South Carolina (tied)
    • No. 7 – Idaho
    • No. 8 – Delaware and Tennessee (tied)
    • No. 10 – Utah
    real estateproperty taxestexaswallethubreports
    news/real-estate

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