Santander Tower

Report: Dallas Metro Is No. 3 in the Nation for Office-to-Apartments Conversions

by | 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.
Report: Dallas Among Top 10 U.S. Cities in Future Conversions of (Mostly Office) Buildings Into Apartments
by | 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.
Downtown Dallas’ 60-Story Comerica Bank Tower Could Get Apartments, Hotel, Retail
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.
The Last Word: Woods Capital’s Jonas Woods on Converting Offices Into Apartments
Writing in Texas Monthly, Glenn Hunter takes a look at how office buildings across the state are turning into luxury multifamily homes for tower dwellers, in yet another evolving trend in the future of office.

Innovative Spaces: Turning Offices into Luxe Multifamily Residences in Dallas’ Iconic 50-Story Santander Tower

by | Jul 26, 2022
Woods Capital has selected the contractor for the high-rise project that will convert nearly a dozen floors into residential units.

The 50-story Santander Tower in downtown Dallas—formerly known as Thanksgiving Tower—is getting a mixed-use makeover, including indoor and exterior amenities. Here's a first look.