Dallas Office Highrise Conversion: Apartments & Hotels Now Available

Dallas Office Highrise Conversion: Apartments & Hotels Now Available

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!

About the Publisher:
Steve Griffin is based in sunny Palm Harbor, Florida. He’s an accountant by profession and the owner of GRIFFIN Tax and REVVED Up Accounting. In addition, Steve founded Madison Avenue Technology. With a strong passion for commercial real estate, he’s also dedicated to keeping you up to date with the latest industry news.

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