The 112-year-old, six-story Ambassador Hotel in The Cedars neighborhood is being adapted into micro-multifamily units. Owners and developers Jim and Amanda Lake are planning for the rehabilitation and adaptive reuse of the historic hotel with amenities on the ground floor and lower level including a speakeasy and a coworking space. Merriman Anderson/Architects will design the project to qualify for State of Texas and Federal Historic Tax Credits. The hotel, originally called the Majestic Hotel, once was considered one of Dallas’ most luxurious residential properties. Here’s a peek at how the Ambassador will look when completed.
Built in 1905, The Ambassador Hotel will find new life after its adapted as micro-multifamily living.
The renovation and redesigned plans will have about 23 units on each floor from levels two to five and will result in roughly 103 total units.
A ground-level swimming pool, retail space on the first floor, and tenant amenities including a lounge are among the planned features for the Ambassador.
“There are plans for amenities on the ground floor and lower level including a speakeasy, co-working space and lobby for all residents to enjoy, along with new parking,” Jim Lake said in a release.
Dallas-based Merriman Anderson/Architects will provide architectural, interior design, state and national historic tax services, and TIF application services, according to the firm.
Photos courtesy of Merriman Anderson/Architects
This article first appeared in the Winter 2018 edition of the Dallas-Fort Worth Real Estate Review.