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Oil & Gas building
Rendering of the entrance to the 50-story Santander Tower and its 14 floors of luxury apartments. [Image: Woods Capital]
Report: Dallas Metro Is No. 3 in the Nation for Office-to-Apartments Conversions
by David Seeley | Jan 30, 2024
From downtown Dallas' Santander Tower, Comerica Bank Tower, and Bryan Tower to Fort Worth's Oil & Gas building, Star-Telegram Building, and the former Oncor building, office spaces across the region are being turned into apartments. Only Washington, D.C., and New York City have more such projects than DFW, according to a new report from RentCafe.
by David Seeley |
May 9, 2023
Just months after acquiring Fort Worth's historic Oil & Gas building for a residential-retail conversion, Bluelofts has now acquired the adjacent—and even more historic—19-story Star-Telegram building. It's now slated for a mixed-use future of luxury apartments, office space, and retail. Plano-based Wolfe Investments partnered on both deals.
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by David Seeley |
Apr 28, 2023
In 2004, then-Dallas Mayor Laura Miller called 211 North Ervay an "eyesore," and a city plan called for it to be demolished to make way for a park. But others prized the colorfully quirky 1958 tower for its historic and architectural value. Well, the prizers and preservationists won because it's still standing there. And now—after being acquired by Plano-based Wolfe Investments—it's slated to get a whole new life as a multifamily residential building.
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by David Seeley |
Jan 10, 2023
Dallas has increasingly been putting apartments into historic downtown buildings. In the past week, Fort Worth made its own one-two punch in the same direction.
First, Dallas-based Bluelofts Inc. acquired the historic Oil & Gas building on West 7th Street in downtown Fort Worth (above), for conversion into 180 apartments with ground-floor retail. Now Chicago's 3L Real Estate has acquired the 16-story former Oncor Building on the very same street for conversion into—you guessed it—apartments.
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