Media: Luxury Mixed-Use Development Planned for Southwest Corner of Preston Center

Please direct all inquiries to: Erin Ragsdale

[email protected] | (214) 871-7723
Saint Michael and All Angels| 8011 Douglas Ave, Dallas, TX
www.saintmichael.org

September 6, 2018 | For immediate release

LUXURY MIXED-USE DEVELOPMENT PLANNED FOR SOUTHWEST CORNER OF PRESTON CENTER
Residential, office and restaurant proposed

September 6, 2018 (Dallas, Texas) Saint Michael and All Angels Episcopal Church today announced plans for a mixed-use development on their property along Douglas Avenue in the southwest part of Preston Center.

The plans include a midrise “Class A” office building on Douglas Avenue and a residential building on the western side of the site. The project will feature a full-service restaurant with a patio and other ground-floor retail that open onto public green space along Douglas Avenue.

Saint Michael, and their development partner Lincoln Property Company, considered a project on the same piece of land in 2015, but put plans on hold pending the recommendations of the Northwest Highway and Preston Road Area Task Force led by Dallas City Councilmember Jennifer Gates and the resulting “Area Plan.”

“Our new plan starts to bring to life the vision that our congregation has had for what our campus can be,” said Rev. Dr. Chris Girata, Rector of Saint Michael and All Angels. “Just like the Task Force, our parishioners want wide sidewalks, plazas and green spaces. Not only was it the right thing to do to wait on the Task Force recommendations, but we believe that we now have a far better plan than we had in 2015… better for us and better for the neighbors.”

“Our goal is to design and build a “best in class” development designed to meet both the guidelines of the Preston Center Task Force and the needs of Saint Michael and All Angels and the surrounding neighborhood,” said John Walter, Executive Vice President, Lincoln Property Company. “It has taken a significant commitment of time and money to accommodate the Task Force recommendations, but we believe the new result will be worth it”

Peter Kline, a leader of the Northwest Highway and Preston Road Area Taskforce, agreed. “Based on my review of the preliminary plans for the proposed Saint Michael mixed use development, I believe this project could be a role model for future developments in the Preston Center area,” said Kline. “They have gone to great lengths to address the concerns and the priorities of the Area Plan.”

The current zoning on the development site allows for high density office on the west side and multifamily development on the balance. Saint Michael and All Angels has submitted an application with the City of Dallas to update the zoning to a comprehensive PD (planned development). The proposed zoning change is commensurate with the existing zoning rights and densities the property already enjoys and is focused on a rearrangement of allowable uses as opposed to requesting additional density.

Parking for the project will be a mix of self-parking and valet. According to Girata, “A key component of this project is expanded off-street parking for the church. By reducing our surface parking and investing heavily in underground parking, we not only solve our long-term parking needs, but we can create a more inviting campus with expanded green and open spaces and improve traffic flows for the benefit of the neighborhood and the church.”

Project Details.

• The plan calls for an office building of 8 levels plus the ground lobby and a residential building of 12 levels plus the ground lobby
• Parking will be predominantly underground supported by above-ground structured and surface parking
• Both buildings will be within residential proximity slope limits from the west side of the Tollway and from Colgate Avenue and have been thoughtfully located to be respectful of current neighbors’ view corridors
• The project will be inviting to the neighborhood with wide sidewalks, open areas and green space
• The plan provides a home for the popular Saint Michael and All Angels Farmers Market
• Project plans meet the guidelines supported by the Preston Center Task Force

About Saint Michael and All Angels Episcopal Church. Just south of Northwest Highway off of Douglas Avenue, Saint Michael and All Angels is a vibrant Episcopal Church started in 1945 in a Boy Scout hut located on the grounds of the University Park YMCA. Several months later, on the Feast Day of Saint Michael and All Angels, the group, which by then had become several hundred persons, executed the charter and formed Saint Michael and All Angels Episcopal Church. Today our community is one of the largest in the country, seeking to help those around us in need, and deepening our personal faith in a pursuit of Jesus Christ.

About Lincoln Property Company. Lincoln Property Company, founded in 1965 by its chairman Mack Pogue, is a Dallas-based, privately-owned real estate firm involved in real estate investment, development, property management and leasing worldwide. Lincoln has offices in all major markets of the U.S. and throughout Europe. Lincoln’s cumulative development efforts have produced over 130 million square feet of commercial space and over 212,000 multifamily residential units.