Park Cities, Texas is actually two communities that share a common border: the city of University Park and the town of Highland Park. The communities are fully surrounded by the city of Dallas. Together, they have a populations of about 32,000. Some of the highest per capita incomes in the entire Dallas-Fort Worth metroplex are found in the Park Cities. In a 2000 study published by the Robb Report, Park Cities was rated ninth on a list of the U.S. places with the highest quality of living.
The Park Cities area was where a unique housing development was constructed in the late 1800s. A group of Philadelphia investors bought land for an average of $377/acre with the intent of creating exclusive housing reminiscent of that found in Philadelphia. Turtle Creek was dammed up to form Exall Lake. However, the financial panic of 1893 halted the project, and Exall Lake became more of a place for locals to go to enjoy picnics. In 1906, new investors came along to begin the project anew. George S. Kessler, who had laid out much of downtown Dallas, was brought in to design the layout. A full 20-percent of the land was set aside for parks, and the exclusive residential development went on to be quite successful.
Parks and Recreation
Flippen Park may be small in size, but it offers a great deal. The gazebo is a romantic spot from which to enjoy the historic fountains and the reflecting pool. Visitors can experience the lush setting as residents did decades ago.
Attractions and Activities
Just to the east of the neighborhoods of Park Cities is Southern Methodist University (SMU) and the George W. Bush Presidential Center. The center, set in a 15-acre urban park, houses the presidential library in a 226,000 sq-ft building. The facility is also home to the Bush Institute
A popular annual tradition in Highland Park is the lighting of the big Pecan tree at the corner of Preston Road and Armstrong Parkway. This Christmas tree ceremony
began in 1927, and it is believed to be the oldest such tradition in the metroplex. Over 5,000 lights adorn this huge old tree very holiday season.
Many cultural and educational event take place on a regular basis at SMU and at the Presidential Library located there.
Many a prospective Park Cities home buyer is drawn to the Park Cities area because of its close proximity to downtown Dallas as well as the quiet dignity of its many tree-lined streets. Park Cities TX real estate includes everything from gated, century-old mansions to modern condominiums. Park Cities TX homes include modest Park Cities homes built in the 1960s and Park Cities homes for sale that are of newer construction, with all the modern amenities.
Park Cities real estate is also popular with those associated with nearby SMU. The majority of Park Cities properties feature beautiful landscaping. Upscale real estate in Park Cities includes homes for sale in Park Cities that approach eight figures in price. Kay Cheek
can acquaint you with the truly diverse choices offered by this exclusive area.