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Comerica Bank Tower
Rendering of the entrance to the 50-story Santander Tower and its 14 floors of luxury apartments. [Image: Woods Capital]
Report: Dallas Among Top 10 U.S. Cities in Future Conversions of (Mostly Office) Buildings Into Apartments
by David Seeley | Jul 26, 2023
According to a new RentCafe report, Dallas is on track to add 1,912 additional apartment conversions in coming years, placing it No. 10 in the U.S. in the category. And 80% of those adaptive reuse projects will be in office buildings, exceeding the share in L.A., New York City, and Chicago.
by Dallas Innovates | Staff Report |
Feb 3, 2023
The tower is the second-tallest in Dallas and was designed by noted architect Philip Johnson and his partner John Burgee. Jonas Woods' Pacific Elm Properties recently took majority ownership of the building, and plans to convert 20 floors into apartments and a luxury hotel, according to the Dallas Morning News.
“We believe a mixed-use tower is much more likely to be successful today than a more than one million-square-foot office tower,” Woods told the DMN.
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![Rendering of the new Business and Innovation Hub at The Star in Frisco. [Rendering: HKS]](https://s24806.pcdn.co/wp-content/uploads/2022/09/Comerica-Bank-Is-building-a-new-Business-and-Innovation-Hub-at-The-Star-in-Frisco-360x203.jpg)
by David Seeley |
Sep 14, 2022
The hub—slated to open in late 2023 or early 2024—will house around 300 employees and offer "cross-functional collaboration" opportunities. From a balcony with views to an innovation center and tech genius bar, Comerica says the Frisco hub will complement its downtown Dallas headquarters.
Extending Comerica's footprint to "one of the most desirable locations for business and innovation in the U.S." positions the bank for future success, says a Comerica EVP.
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