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converted buildings
The Peridot Lounge inside Peridot Residences, part of the ongoing adaptive reuse of Dallas’ Santander Tower as office floors are converted into residential space in the city’s urban core. [Photo: Adolfson & Peterson]
Dallas Ranks as a National Leader in Building-to-Apartment Conversions
by Lance Murray | Dec 26, 2025
A RentCafe report finds three major adaptive reuse projects completed last year, including the $40 million office-to-residential conversion inside Dallas’ 50-story Santander Tower that created 291 Peridot Residences apartments downtown. Nearly 3,000 more units are in the city’s redevelopment pipeline, according to the study.
