Iconic downtown Dallas tower to undergo adaptive reuse conversion

Rendering of the interior of downtown Dallas Santander Tower, which will undergo conversion into multifamily housing. Photo courtesy Woods Capital
Rendering of the exterior of downtown Dallas Santander Tower, which will undergo conversion into multifamily housing. Photo courtesy Woods Capital

Adolfson & Peterson Construction (AP) will partner with developer, Mintwood Real Estate, and building owner, Woods Capital, to convert vacant multiple office floors of the 130,000 m2 (1,400,000 sf) Santander Tower, located in the heart of the historic Dallas Main Street District, into 228 multifamily units, and amenity spaces.

Dallas-based architect WDG provided the design for the multifamily units and indoor amenities, and Swoon will deliver interior design services. TBG Partners designed the exterior amenities. Currently, the mixed-use tower features office space, multiple on-site dining options including a private dining club and a boutique hotel. The conversion project plans to kick off this summer with renovations on the first floor as well as floors 18 through 25, and 37 through 39.

“Adaptive reuse is a thrilling trend in today’s real estate industry, and we are exhilarated for the opportunity to be involved in a great project like this,” said Will Pender, president of the AP Gulf States region. “This is an exciting development for the Dallas Central Business District, which is ripe for office-to-residential conversions.”

The project will feature one- and two-bedroom unit floorplans. Project amenities include a swimming pool, dog park, fitness room, common gathering spaces and a meeting space featuring a kitchen for entertaining.

Woods Capital has already invested more than $40 million in Santander Tower to update all building systems, refurbish common areas, add an executive fitness center and renovate the lobby and plaza.

“We are excited to see this project come to life and bring more housing options to the urban core. By converting vacant office space into luxury, multifamily housing, we can create a more vibrant, mixed-use neighborhood and meet the growing demand caused by migration to the area,” said Jonas Woods, founder, president and CEO for Woods Capital.

The project is slated for completion in Fall 2023.

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