CBREThe Drever

Property Info


1401 Elm St, Dallas, TX 75202  Map

For Lease

Rate RangePlease call for rates

Gross Leasableup to 40,000 sf

Property Information

The Drever, formerly known as the First National Bank Building, is a historic office building currently being transformed into a modern mixed-use development. Covering an entire city block, the Drever stands at the center of downtown’s residential, hotel and commercial development and is the final piece to completing the Main Street Retail District. Upon completion, the Drever will offer approximately 324 luxury residential rental apartments, 218 room luxury hotel, 40,000 square feet of destination style retail space, and 885 parking spaces.

  • Iconic and historic building completed in 1965
  • Largest redevelopment underway in the downtown core
  • 218 room boutique hotel by Thompson Hotels Group
  • Mixed use featuring luxury apartment, hotel, and retail
  • Signature restaurant space with 27’ ceilings at corner of Elm & Akard
  • Ample parking

Property Highlights

  • 50,000 people live in greater Downtown
  • 137,000 people work in Downtown
  • There are 7,000+ new units and 6,400+ units announced in the greater downtown area that are under construction with a 94% occupancy rate
  • Downtown’s CBD is home to 17 out of North Texas’ 25 largest multi-tenant office buildings
  • Home to the largest contiguous urban arts district in the country- the Dallas Arts District
  • Over 420 restaurants and 200+ shops exist throughout downtown

Last updated: February 2, 2017