Y’all may recall back in August I wrote about multiple reports that both the Royal Orleans and Diplomat buildings had approved a sale. I caught some flack because as a result, the buildings denied any approval had been given to sell.
I’m feeling slightly vindicated today as the Preston Hollow South Neighborhood Association reports surveyors were photographed yesterday measuring the lot lines for the Diplomat.
From: John Pritchett, President
Subject: What’s Going on at Diplomat?
The rumors of some nature of “deal” keep swirling “Behind the Pink Wall.” When word spread about a two-fer involving Diplomat and Royal Orleans a few months ago, RO flatly denied it. So is Diplomat going it alone?
Not only is that rumor making the rounds again, surveyors were marking off the boundary of Diplomat yesterday. So more than rumor? One would think so.
On the upside, if it is just the Diplomat, it’s super unlikely to be a high-rise. On the downside, I like the Diplomat building architecturally.
Redevelopment makes the most sense within the PD-15 area. Unlike the rest of the Pink Wall area, it’s not choke-held by decades-old deed restrictions.
Remember: High-rises, HOAs and renovation are my beat. But I also appreciate modern and historical architecture balanced against the YIMBY movement. If you’re interested in hosting a Candysdirt.com Staff Meeting event, I’m your guy. In 2016, my writing was recognized with Bronze and Silver awards from the National Association of Real Estate Editors. Have a story to tell or a marriage proposal to make? Shoot me an email [email protected].
