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Bryan Dorsey (on the right) with Maxwell Drever while giving a tour of 1401 Elm
News

1401 Elm Irons Out Future

... plans to deliver in 2018. Previous to Drever's involvement, 1401 Elm flirted with bankruptcy, found excessive asbestos in the walls and ... credits. Updated amenities in the new and improved version of 1401 Elm include a 236-room, five-star hotel on floors 11 ...

Aug 10, 2016
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1401 Elm Sold!
News

1401 Elm Sold!

Drever Capital Management has closed on 1401 Elm, rendered here. The beleaguered 50-story, 1.3M SF Downtown ...

May 03, 2016
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The Drever
News

1401 Elm Gets Second Reprieve From Foreclosure

On Tuesday, the massive, empty skyscraper at 1401 Elm in downtown Dallas was set to go to auction, but ...

Jan 07, 2016
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1401 Elm Avoids Foreclosure But Future Still Unclear
News

1401 Elm Avoids Foreclosure—For Now

... white knight for the former First National Bank building at 1401 Elm, but the beleaguered redev received a reprieve from the threat ...

Dec 03, 2015
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Meet Maxwell Drever, The New Owner Of Dallas' Most Headline-Grabbing Redevelopment
News

Exclusive: The Inside Story Of The Purchase Of 1401 Elm

... bring the distressed building to his attention. The owner of 1401 Elm lives in New York, Maxwell tells us, and he ... and socially viable communities. So when presented with 1401 Elm, he was intrigued. 1401 Elm was a challenge in every way, Maxwell tells ...

May 12, 2016
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Jack Gosnell Dishes on 1401 Elm & Farmers Market
News

Jack Gosnell Dishes on
1401 Elm & Farmers Market

... now including the $170M redevelopment of the 52-story vacant 1401 Elm St in the former First National Bank building. The 1M ...

Dec 08, 2014
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Could 1401 Elm Go on the Auction Block?
News

Could 1401 Elm Go on the Auction Block?

The lenders (Norstar) for the 42-story 1M SF 1401 Elm project in Downtown Dallas could be on the auction block ...

Jan 04, 2016
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Investors Eyeballing 1401 Elm, But No Takers So Far
News

Investors Eyeballing 1401 Elm, But No Takers So Far

Potential white knight investors are eyeing the renovation project at 1401 Elm, but no rescue is imminent. Todd Interests, Centurion American Development, ...

Dec 16, 2015
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Q&A With Jack Gosnell on Downtown Retail
News

Q&A With Jack Gosnell: 1401 Elm, Farmers Market & Dominating Downtown

... skinny on Downtown retail and the fate of 1401 Elm. Bisnow: What’s the biggest move ... retail part of the 42-story 1M SF 1401 Elm, which is looking iffy since Olympic Partners ... re at with the project right now?  Jack: 1401 Elm, itself, isn’t iffy; it’s still ...

Dec 03, 2015
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Redev Falls Apart at 1401 Elm
News

Fate of 1401 Elm Uncertain As Dev Deal Falls Apart

... to save the 52-story First National Bank Tower at 1401 Elm as default looms. The planned redevelopment of Downtown's largest ...

Nov 23, 2015
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