Bryan Dorsey

UPDATE: 1401 Elm Plan Isn’t Dead Yet. City Leaders Still Committed to Redevelopment

By Leah Shafer / November 25, 2015 / 0 Comments

Last week, we told you about the mess happening at 1401 Elm, a landmark $240 million redevelopment deal in downtown Dallas facing forced foreclosure after a developer pulled out. The city of Dallas had committed $50 million in economic incentives to further progress. But with of the departure of New York-based Olympic Property Partners from the project, early […]

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Landmark Development of Downtown Dallas’ 1401 Elm Stumbles As Foreclosure Looms

By Leah Shafer / November 18, 2015 / 2 Comments

Downtown Dallas’ 1401 Elm was once touted as the tallest building west of the Mississippi River, with 52 stories and 1.5 million square feet of office space. This Central Business District skyscraper, formerly the First National Bank, has stood depressingly vacant since 2010. Plywood boards and “keep out” signs mar the once-impressive edifice. Plans were underway for an encompassing $240-million […]

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