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Woods Capital
Rendering of the entrance to the 50-story Santander Tower and its planned multiple 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 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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by Dallas Innovates | Staff Report |
Sep 14, 2022
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.
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by Dallas Innovates | Staff Report |
Aug 16, 2022
Santander Tower is the eighth tallest building in Dallas, and it’s on the cutting edge of something new: converting skyscraper office space into multifamily housing through adaptive reuse.
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MDHA funder logos [Courtesy of MDHA]
Metro Dallas Homeless Alliance Raises $10M for Historic ‘Rapid Rehousing’ Program
by David Seeley | Oct 18, 2021
The private donations by local companies and foundations are for the Dallas R.E.A.L. Time Rapid Rehousing initiative. Its goal: house more than 2,700 homeless people and families over the next two years. The $10M in private funds will complement $62M in federal funds allocated by local governments and DHA, the North Texas housing authority.
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