Connect CRE recently reported on the plans to convert the 42-story Cityplace Tower in Dallas into a combination of rental units, hotel rooms, and a conference center. The owner of the building, NexPoint , is renovating 1.35 million square feet of office space with 98 rental units and 222-room hotel expected to be completed by Q1 2025 at an estimated cost of $61.5 million for rentals and $136.2 million for construction costs associated with the new hotel addition. Additionally, Neiman Marcus has taken up residence in three floors as part their new headquarters within Cityplace Tower . This follows similar renovations seen at Santander Tower , Bryan Tower , Comerica Bank Towers downtown that have converted vacant office spaces into residential apartments or hotels – making it clear that Dallas is embracing this trend towards mixed use highrises!
Marion Jones Appointed as Head of Capital Markets Strategy at Avison Young
Marion Jones has been appointed as the principal and executive managing director of U.S. capital markets at Avison Young. In
Steve Griffin
January 15, 2025
