New developer signs on for 1401 Elm Street redevelopment


Todd Interests is the latest developer to sign on for the redevelopment of a long-vacant tower in downtown Dallas. That's according to a report from the Dallas Morning News.

Dallas-based Todd Interests, alongside Moriah Real Estate, plans to continue the resuscitation of the 52-story First National Bank tower at 1401 Elm Street with plans to complete the project by the end of 2020.

The developer is taking over the project — once dubbed "The Drever" — from Drever Capital Management, which purchased…

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