Downtown Dallas: The Drever

[Tnexster]

I see it about every day, still lots of exterior tile placement including some of the pillars now also being worked on. That part is looking better all the time. No clue on the inside. Maybe somebody that lives close can offer some insight.

[Tucy]

Does anyone recall what their current completion deadline is (per their subsidy agreement with the City of Dallas)?

[Dmkflyer]

I live at The Metropolitan and can see it out my window. There has been progress on the exterior every day, which has picked up in the last month. Most of that progress has been on the tile and whatever the aqua green/blue stuff is going up the building behind the white stripes, as that now looks complete as of last week least on the south side that I can see. There are a lot of lights on inside, but I can't really tell whats going on in there other than that during the day you can see the metal framing for walls. I am assuming the only progress I'll be able to notice will be when I can no longer see through the whole thing and the sheetrock is up.

[Tnexster]

Is this even called The Drever anymore? They used to have a twitter page but I have not been able to find it which just makes me wonder what the building is being called now.

[dukemeredith]

Local press seems to have reverted to calling the building the "First National Bank" building or simply referring to it's address: 1401 Elm.

Reviving the "Elm Place" name sounds dated to my ear -- but what say the forum?

[lakewoodhobo]

Local press seems to have reverted to calling the building the "First National Bank" building or simply referring to it's address: 1401 Elm.

Reviving the "Elm Place" name sounds dated to my ear -- but what say the forum?

It definitely won't be The Drever anymore. Makes sense that the press would call it by its original name or its address until something new is announced but I recently heard someone (who may or may not have insider info) call it Thompson Dallas Hotel & Residences.

Does anyone recall what their current completion deadline is (per their subsidy agreement with the City of Dallas)?

Pretty sure it's December 2020.

[dfwcre8tive]

Todd Interests is referring to it as 1401 Elm at this time. They have several hundred workers on-site every day to keep things moving quickly.

[soco]

My apartment is across the street and overlooks what will become the amenity deck. There are workers reattaching the marble slabs to the podium and vertical supports. There also crews working on the amenity deck itself, the new structure that was built but not completed, and the vertical light panels. Last week there were five panels illuminated on the building's south side.

[Tnexster]

My apartment is across the street and overlooks what will become the amenity deck. There are workers reattaching the marble slabs to the podium and vertical supports. There also crews working on the amenity deck itself, the new structure that was built but not completed, and the vertical light panels. Last week there were five panels illuminated on the building's south side.

What did the illuminated panels look like?

[soco]

It was kind of a soft white glow. It wasn't nearly as bright as the building used to be. While I've seen the crews working on the white panels I could not tell what type of light was installed.

[Tnexster]

It was kind of a soft white glow. It wasn't nearly as bright as the building used to be. While I've seen the crews working on the white panels I could not tell what type of light was installed.

Interesting and good to know, thanks!

[Jay9398]

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In pic 1 you can see the progress on the marble on the Elm Street side. Almost done and looks really good.

In pic 2 you see the work on the deck. The restaurant/bar structure has added a concrete floor on the second level, awning/overhang supports, and today they started framing the exterior walls. I don’t know what the labyrinthine cinder block things are but they’ve been built up in the last 2 weeks or so.

Pic 3 shows all the new paneling over the light fixtures as well as the construction diagrams pasted to the windows of the upper floors. It also appears that they are sealing the old windows which I *really hope* does not mean that they are staying.

Pic 4 You can’t really make it out in this photo but it looks like the recent interior work has been on plumbing and electric. this also includes the section of test lights that have been on recently but obviously they are not on in this photo.

[Tivo_Kenevil]

Is the new direction of project making the entire development hotel? Or will there resdential?

[cowboyeagle05]

The above comment rumor above said Hotel & Residences so I imagine they would have to make an agreement with the hotel flag on residences operations. I doubt the Hotel would consider taking on the entire building as hotel rooms they would be operating on a similar scale as the Sheraton at that point. Still could add in some office space I guess if they really wanted to. Dare I say the Co-Working space phrase?

[lakewoodhobo]

Retiling of the columns and arches from today. Only counted three being worked on from my short time there but there could be more.

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[Tnexster]

^I noticed some scaffolding going up on the other side of the tower this week, look like they are getting ready to start work on the columns there too.

[citygeek]

In the year 2525 the Drever opens!

[lwtx]

In the year 2525 the Drever opens!

Assuming, of course, that Man is still alive. (Couldn’t pass it up. )

[cowboyeagle05]

Yeah, I got my haircut at Vertigo12 Friday and walked past and the marble certainly looks brand new. Glossy like I imagine it did when the building was first built.

[jetnd87]

Pretty cool article summarizing the 1401 Elm project (probably need to stop calling it The Drever) and highlighting a few of the other projects swirling around downtown.

I gotta say, was in several Dallas neighborhoods today, including much of downtown, and it really feels like the entire city is under construction. That's obviously not including the projects that are in design phase (with the inevitable duds / no-shows). And still, the city seems to have nothing but potential. Talked to a friend today who said that Kaizen paid >$260/sq ft for their land by the Aquarium. To make any money on that price, they need to go big. Exciting time for us development/urban-minded Dallasites!

By the end of 2020, Downtown Dallas will no longer have a single major vacant building. In the late 1990s, when attention of the public and private sectors turned back to Downtown with a loud call for revitalization, predicated on the fact that the city as a whole would not prosper without a strong core, our vacant building count was 42.

https://www.dmagazine.com/commercial-re ... -downtown/

[dfwcre8tive]

Pretty cool article summarizing the 1401 Elm project (probably need to stop calling it The Drever) and highlighting a few of the other projects swirling around downtown.

I gotta say, was in several Dallas neighborhoods today, including much of downtown, and it really feels like the entire city is under construction. That's obviously not including the projects that are in design phase (with the inevitable duds / no-shows). And still, the city seems to have nothing but potential. Talked to a friend today who said that Kaizen paid >$260/sq ft for their land by the Aquarium. To make any money on that price, they need to go big. Exciting time for us development/urban-minded Dallasites!

By the end of 2020, Downtown Dallas will no longer have a single major vacant building. In the late 1990s, when attention of the public and private sectors turned back to Downtown with a loud call for revitalization, predicated on the fact that the city as a whole would not prosper without a strong core, our vacant building count was 42.

https://www.dmagazine.com/commercial-re ... -downtown/

Would be interesting to know how many of those vacant 42 buildings were redeveloped and how many were demolished.