Located on an entire Dallas city block at Elm Street, Pacific Avenue, Akard Street and N. Field Street, plans for The Drever mixed-use project include best-in-class multi-family, hotel, retail, restaurants, office, spa and parking. The 50-story, 1.5-million-square-foot skyscraper is designed to offer a luxury residential and elegant boutique hotel option with contemporary, inviting and culturally rich public and private spaces.
"THE DREVER will transform one of the most vital areas in the heart of Downtown Dallas, infusing life into a full city block that has been dark for nearly a decade. Its innovative design and structure will be noted in the building’s LEED designation, the exterior marble restoration, exterior lighting, and the second exterior level on 9th floor. The Thompson Hotel, amenity deck, art installations and public spaces will be prime destinations for all of Dallas and beyond, and the creative office space and apartments will offer something unique in the market.
Sitting at well over one million square feet, this project has been one of our most complex for Downtown. The financing of the building includes a unique structure that made the project financially possible."
- Kourtny Garrett, President and CEO, Downtown Dallas Inc.
In Good Company
Four DART lines stop at the footsteps of The Drever’s door, including a train that runs to DFW International Airport. The Drever is located in the center of the city’s burgeoning central business district with a DART station out its back steps. The Main Street District outside The Drever’s front entrance doors is a vibrant neighborhood corridor.
In 2000, downtown Dallas had less than 200 residents. In just over ten years, its population has grown to more than 45,000 residents within the downtown’s 15 districts (approximately 10,000 of those in the core) and a daytime workforce of 150,000 in the urban core alone. The Drever is located in downtown Dallas’ vibrant Main Street District, which is home to landmark destinations including Neiman Marcus’ flagship store and headquarters, the Joule Hotel and the new home of Forty Five Ten (a 38,000 SF high end soft goods retailer).
Dallas is part of the 4th largest metropolitan area in the nation – its population of 6.945 million has increased almost 5% since 2013.
Compared to New York City at $9,411 and Los Angeles at $9,705, average retail sales per capita in Dallas are $12,837, contributing to its financial strength and stability.
Third in the nation for the number of jobs added and the rate of job growth, especially in the more lucrative professional and business sectors.
Walk Score 97