Just Like We Said, Moayedi to Buy Statler Hilton For Residential Conversion With Entertainment, Retail

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Update Nov. 9: This must be a new retro trend — the live music venue! I’m told the developer refurbishing the At. Anthony Hotel in downtown St. Antonio also has plans to re-vive a ballroom and live music venue on the rooftop. Seems that, in the 1940’s and ’50s, folks would go down to the St. Anthony and dance to live bands while local radio stations broadcast the music. Perhaps this is what Mehrdad has in mind? (ce)

We love Mehrdad Moayedi, whom we’ve dubbed “Saint Stoneleigh.” Steve Brown at the DMN wrote yesterday what we wrote a month ago: Moayedi is buying downtown Dallas’ iconic Statler Hilton with plans for a residential conversion with unique amenities.

But this building has had previous owners and big plans before, but none that have come to fruition. There are several hoops to jump through with this William Tabler-designed building — including parking and other abatement concerns — some of which have stymied successful developers such as Jack Matthews of Matthews Southwest.

But Moayedi’s Centurion American breathed life back into the Stoneleigh, is well equipped to revive the 19-story Midcentury stunner of a hotel on Commerce Street. We also love that Moayedi want’s to bring more amenities to downtown with this project, including a movie theater and a grocery store. There’s also been talk of a live music venue. Wonderful ideas, and all sorely needed downtown.

 

 

 

 

Joanna England is the Executive Editor at CandysDirt.com and covers the North Texas housing market.

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