Commercial real estate developer Transwestern has resurrected its plan to build a luxury apartment complex at the northeast corner of Preston and Northwest Highway. The city Plan Commission intended to vote on the development company’s re-zoning application Aug. 20, but Commissioner Margot Murphy requested the hearing be postponed until Sept. 3. Why? She says there was a “very strong sentiment by Preston Hollow East neighbors that they did not know anything about this case.”
Murphy’s request was ultimately granted, but the issue was still discussed extensively. A number of our neighbors showed up at City Hall to weigh in. Those in favor of the plan applauded Transwestern for its willingness to work with the community. Opponents worried traffic on Averill Way will become too congested if the development is built.
The southeast quadrant of Averill Way and Preston Road is currently zoned MF-1, meaning any apartment that sits on that piece of land must be three-stories or shorter and 64 units or fewer. Transwestern’s complex would be four-stories tall and 122-units dense.
To review the zoning change application, click here. At the same site, you can watch a recording of the Aug. 20 meeting. Several re-zoning requests were considered that day, so if you are solely interested in the Preston-Northwest Highway project, fast forward to about the 34-minute mark.
