Preston Center is a commercial district in
north Dallas
North Dallas is an area of numerous communities and neighborhoods in Dallas, Texas (United States). The phrase "North Dallas" is also sometimes used to include any suburb or exurb north of Dallas proper within the metropolitan area. The majority ...
,
Texas
Texas ( , ; or ) is the most populous U.S. state, state in the South Central United States, South Central region of the United States. It borders Louisiana to the east, Arkansas to the northeast, Oklahoma to the north, New Mexico to the we ...
(USA), located around the intersection of
Preston Road
State Highway 289, known for most of its length as Preston Road, is a north–south Texas state highway. It begins at the intersection of Preston Road and Texas State Highway Loop 12, Loop 12/Northwest Highway in Dallas. The Preston Road ...
(
State Highway 289) and Northwest Highway (
Loop 12). It covers .
Preston Center initially opened as a thriving suburban retail center anchored by the first suburban
Neiman Marcus
Neiman Marcus is an American department store chain founded in 1907 in Dallas, Texas by Herbert Marcus, his sister Carrie Marcus Neiman, and her husband Abraham Lincoln Neiman. It has been owned by Saks Global, a Corporate spin-off, spin-o ...
(closed in 1965) and Sanger Brothers (later
Sanger-Harris) department store - which was the largest suburban department store in the country at . The area has been a premier retail center in Dallas since its development in the 1950s, though the nearby
NorthPark Center
NorthPark Center, sometimes referred to as simply NorthPark, is an enclosed shopping mall in Dallas, Texas (United States). It is at the intersection of State Highway Loop 12 (Texas), Loop 12
(Northwest Highway) and U.S. Route 75 in Texas, US 75 ...
has provided significant competition.
It has since evolved into one of the most successful office sub-markets in the region with over of office space and housing former president George W Bush's office, as well as some of the best residential neighborhoods in Dallas.
University Park is to the south, a string of condos along Northwest Highway is to the east, and the
Preston Hollow neighborhood is to the north. Preston Center also has over of retail space, a hotel, and residential units. It is a prime example of an
edge city
An edge city is a concentration of business, shopping, and entertainment outside a traditional downtown or central business district, in what had previously been a suburban, residential or rural area. The term was popularized by the 1991 boo ...
.
The development includes two 20-story office towers that opened during a construction boom of the late 1970s and early 1980s. As of 1989 many of the Preston Center buildings were partially vacant. During that year Terry Box of ''
The Dallas Morning News
''The Dallas Morning News'' is a daily newspaper serving the Dallas–Fort Worth area of Texas, with an average print circulation in 2022 of 65,369. It was founded on October 1, 1885, by Alfred Horatio Belo as a satellite publication of the ' ...
'' said that the vacant buildings were perceived by residents of nearby
Preston Hollow as "intrusive symbols of the city's failure to control its growth" and "have come to exemplify much of what is wrong with
North Dallas
North Dallas is an area of numerous communities and neighborhoods in Dallas, Texas (United States). The phrase "North Dallas" is also sometimes used to include any suburb or exurb north of Dallas proper within the metropolitan area. The majority ...
." Around that time residents tried to pressure area politicians into making the development more low-rise and further removed from the Preston Hollow community.
[Box, Terry.]
VIEW FROM PRESTON HOLLOW: ZONING IS TOP ELECTION ISSUE
" ''The Dallas Morning News
''The Dallas Morning News'' is a daily newspaper serving the Dallas–Fort Worth area of Texas, with an average print circulation in 2022 of 65,369. It was founded on October 1, 1885, by Alfred Horatio Belo as a satellite publication of the ' ...
''. Saturday April 15, 1989. Home Final News 1A. Retrieved on October 12, 2011.
the families of many property owners had already owned the properties for some time.
A municipal-owned parking garage serves Preston Center developments as the city is obligated to provide parking.
[
several owners of Preston Center developments oppose redevelopment as it would interrupt their cash flow in the short term.][ Even though the redevelopment of the municipal-owned parking garage is now stalemate, Preston Center has continued to densify and grow as new development projects have been constructed in this very sought after area. ]
References
External links
Directory of Preston Center Businesses
fro
DallasSky.com
President Bush to Rent $300,000 a Year Dallas Office Space
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