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Santander Tower Revamp Wraps Up
Adolfson & Peterson Construction completed the multifamily adaptive reuse project at the iconic 50-story Santander Tower in Downtown Dallas.
AP broke ground on the project in Summer 2022. Peridot Residences was designed by Mintwood Real Estate, a mixed-use developer, and Pacific Elm Properties, a building owner, to build 291 multifamily units across 14 floors of former office space.
Completion of the project’s first phase offers a selection of one- and two-bedroom units, designed with modern living in mind. Residents can enjoy amenities such as a swimming pool, dog park and fitness room, along with pickleball courts and a Pilates studio.
Santander Tower is located at 1601 Elm St. in the heart of the historic Dallas Main Street District. Pacific Elm Properties invested more than $40 million to update all building systems and refurbish common areas including the lobby and plaza. Pacific Elm Properties worked with Mintwood to create a true vertical mixed-use development with on-site dining options, a boutique hotel and residential transformation.
Dallas-based WDG Architecture designed the project.
- ◦Development
- ◦Financing
