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    Downtown News

    Downtown Dallas high-rise fine-tunes rehab with ancient Greek marble

    Teresa Gubbins
    Nov 28, 2017 | 12:14 pm
    Drever
    This marble is fit for the Greek gods.
    Photo courtesy of the Drever

    A major restoration project in downtown Dallas is underway: The Drever, one of the largest buildings in downtown and the only building in Dallas to span a full city block, is getting its exterior re-did.

    The building's marble exterior is being removed, restored, and reinstalled, with surplus being reutilized in the building's interiors.

    Located at 1401 Elm St., the building is the former First National Bank of Dallas, and has had a rocky road in its redevelopment, changing hands more than once and facing foreclosure a number of times. Drever Capital Management just secured a new loan; the project is scheduled to be complete by the end of 2018, with the building opening in the first quarter of 2019.

    But come on, let's get back to that divine marble: It was originally attached to the building during its construction in the early 1960s. Dense, handsomely veined white marble slabs came from a quarry in Mount Pentelikon, a mountain range located in Attica, Greece — the same quarry as the marble used to build the Parthenon, which itself very possibly may have also had some financing woes during its construction, and nobody talks about that now.

    Steve McCoy, president of Drever Construction Co., worked with lead architect Merriman Anderson/Architects and contractor Andres Construction to develop a solution to remove, restore, and reinstall the slabs with new connections that will secure and stabilize the tower's exterior for decades to come — making these minor foreclosure concerns seem so utterly trivial.

    The process provides a surplus marble and terrazzo that, to the delight of the project's interior designers, will be reused in the building’s interiors. Like marble, terrazzo is simply divine.

    "The process will allow this irreplaceable stone to not only be restored to its former glory, but remain as a sound element of the building’s structure for many years to come," says McCoy in a release. "The fact that the team was able to find a way for the excess marble to be repurposed adds another layer of history to this already impressive structure."

    The skyscraper originally was designed by architects George Dahl and Thomas E. Stanley and has been home to Hunt Oil, the Dallas Petroleum Club, and the fictitious J.R. Ewing’s staged office set for Ewing Oil in the TV show Dallas.

    The midcentury, 52-story tower's distinctive façade was often compared to the pin-striped fabric of a traditional banker's suit because of the repeating pattern of white marble and dark gray floor-to-ceiling windows. The Drever redevelopment will include a luxury high-rise offering 324 residential units, a Thompson Hotel planned with 218 rooms, spa, retail, office, and destination restaurants.

    The condition of the panels and the integrity of the building's engineering necessitated the decision to refurbish the marble. Existing mechanical connections were separating from the original structure. The panels will be refurbished by cladding the natural stone to a structural aluminum honeycomb backer panel, which will ensure the engineering integrity and the historical value of the original marble slabs.

    Hycomb USA is responsible for the stone cutting and the application of the new structural aluminum honeycomb panel. Besides creating extra marble slabs for the building interiors, marble remnants from the cutting and cleaning process will be crushed and repurposed into terrazzo to be utilized in the elevator cab floors, elevator lobby flooring, and flooring on the ninth-floor amenity deck.

    When completed, The Drever's eight-story tower base will be transformed into a dynamic area with more than 27,000 square feet of ground floor retail space, 44,000 square feet of office space, the hotel and residents' lobbies, and a grand ballroom.

    A wraparound amenity deck with sightlines to surrounding buildings, including a resort quality pool, a spa, a health and fitness room, dog park, and outdoor recreation spaces will be on the ninth floor at the top of the base element. The 50th floor will feature an open-to-the-public observation deck.

    Jerry Merriman, AIA, president of Merriman Anderson/Architects, says in a release that he commends Drever Capital Management for their commitment to the quality of the project. "Repurposing is generally more expensive and time-consuming than demolishing and replacing with new," Merriman says. "The building's owner, Maxwell Drever, appreciates the significance of this building to the history of downtown Dallas."

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    Hottest Headlines of 2025

    Popular suburbs move into Dallas' hottest real estate headlines of 2025

    Lindsey Wilson
    Dec 29, 2025 | 2:45 pm
    Downtown McKinney
    Photo courtesy of City of McKinney
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    Editor's note: As the year comes to a close, we look back at the 10 most-read real estate stories in Dallas for 2025 — including new honors for several local suburbs, market trends, and all-important Walmart news. These are the 10 hottest real estate headlines of 2025 in Dallas:

    1. Dallas-Fort Worth suburb blooms as No. 1 best place to live in U.S. One Dallas-area city took the top slot on a list of "the 100 Best Places to Live in 2025." The list — from relocation marketing platform Livability.com — put Flower Mound at No. 1 for its appealing size and affordability. The suburb also claimed the No. 7 spot in a ranking of America's most livable small cities.

    2. North Dallas neighbor ranks as No. 1 most affordable city in U.S. A Dallas suburb landed on top of a list of the most affordable places to live: McKinney ranked No. 1 based on its relative cost of living and high median household income.

    3. Massive mixed-use development coming to key intersection in McKinney. McKinney is getting a new $1.3 billion mixed-use development. Called Long Branch, it will be a 155-acre project at the northwest corner of US-75 and the future 380 bypass, consisting of housing, retail, office, grocery, and hospitality. The development has 80 acres slated for active development, and will unfold over the next decade in four tracts.

    4. Dallas-area suburb ranks as 3rd best place to live in Texas in 2025. The Dallas-Fort Worth mid-city of Coppell has been ranked the third best place to live in Texas in 2025 by rankings and review website Niche.com. The survey determined the best places to live in based on crime rates, public school rankings, the local cost of living, job opportunities, and more using data from the U.S. Census Bureau, the FBI, and others.

    Coppell, Dallas suburb Coppell was ranked the third-best place to live in Texas for 2025. City of Coppell, TX Municipal Government/Facebook

    5. 11 Dallas suburbs soar as fastest-growing U.S. cities in last decade. It's no secret that Dallas-Fort Worth's population is growing faster than most other metros in the U.S., but now several surprising Dallas neighbors have been named among the top 10 fastest-growing suburb nationwide over the last decade. Celina nearly led the nation with an astonishing 314 percent increase in population from 2014 to 2023, according to a growth study by marketplace platform StorageCafe.

    6. Dallas neighbor is the No. 1 fastest-growing affordable city in U.S. A national study has declared Texas is home to the most affordable, fast-growing cities in the country, with Dallas suburb Frisco taking the lead at No. 1. Frisco and five more Dallas neighbors ranked high on GoBankingRates.com's list of "50 Most Affordable, Fastest-Growing Cities in 2025."

    Millennials moved to Texas more than any other state in 2019, with Frisco being\na top choice. Frisco is the most-affordable, fastest-growing city in the country. Photo by Roger Robinson/Visit Frisco

    7. Dallas neighbor beckons movers as top U.S. suburb with small-town feel. Wylie, a city less than 30 miles from downtown Dallas, ranked as the No. 7 most highly sought-after U.S. suburb of 2025 in MoveBuddha's national survey. In addition to being recognized as the 7th most desirable American suburb, Wylie also ranked as the second-most desirable suburb to move to in Texas.

    8. 2 Dallas neighbors rank among fastest-growing wealthy suburbs in U.S. Celina and Prosper, two boomtowns north of Dallas, are among the top three fastest growing affluent suburbs in the country. The cities' affluent status was unveiled in a GoBankingRates' study ranking the "30 Fastest-Growing Wealthy Suburbs in America" for 2025.

    The Old Celina Park in Celina, Texas Celina is the No. 2 fastest-growing wealthy 'burb in America. Photo courtesy of celina-tx.gov

    9. 6 Dallas suburbs make top 10 list of best Texas cities to move to. Advisors at ConsumerAffairs, a customer review and news platform, ranked the 50 most populated Texas cities across five main categories — affordability, safety, economy, health care and education, and quality of life — to determine which were the best places to move to. Each city was given a score out of 100 possible points. Four of the top five best places to move to in Texas are located in Dallas-Fort Worth: Allen (No .1), Frisco (No. 2), Plano (No. 3), and McKinney (No. 4). Two more DFW suburbs, Mansfield (No. 6) and Richardson (No. 10), rounded out the top 10.

    10. Booming Celina hits the big time with its first Walmart Supercenter. The city of Celina is getting its first mega Walmart: According to a release, it will be a Walmart Supercenter located at the northwest corner of Preston Road (Highway 289) and the West Outer Loop. The store has been in the works for a few years, but the Celina Economic Development Corporation celebrated the opening in a groundbreaking on April 16.

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