Coming To Preston Center: First High-Rise With A (Bank) Drive-Through

TerraNova. Nine stories to be exact, 42 homes, and the drive-through will be subtly integrated into the design because Gerald Hines bought the property from Chase Bank (did that little sale help fund the Bear Sterns purchase?) at the corner of Douglas and Weldon Howell, across from 8181 Douglas. Signs went up yesterday in the rain. Kyle Crews ,Vice President with Allie Beth Allman, is marketing this boutique property for the developer, Randall Davis of Houston. Chase insisted their drive-through presence be maintained, smart move– it may net them more high-end clients who can drive through the bank on their way home! Expect, gorgeous high-end condo homes that “will turn a lot of heads in Dallas,” says Kyle Crews. In fact, since the sign went up yesterday, he’s received more than a dozen phone calls. (Hint: high profile physicians who beautify Park Cities residents and have offices in the area are very interested.) New construction, high ceilings, high end everything, underground parking, valet, concierge, 1800 to 3000 square feet (floor plans and square footage still being determined) prices from $700,000 to $3 million-ish for the penthouse. Design will be old world Italian, Mediterranean, sales center to open this fall. A $5000 deposit secures placement in the First Choice Club which entitles you to a $50,000 discount off the price of a Terra Nova home. Wow — wonder if that’s anything like the First Wives Club...