Slate Asset Management, the owner of the 60-story Comerica Bank Tower, is partnering with Stream Realty Partners to transform the building into a mix of residential and hotel with some office space preserved. Slate bought the building at 1717 Main St. in 2024.
The Dallas Business Journal reports that the tower, which spans 1.5 million square feet of office space, is currently 50% leased, with most of the space occupied by Comerica workers. Comerica’s lease ends in 2028 and, in light of the company’s pending buyout by Fifth Third Bank, its future in the high-rise is uncertain.
In addition to slashing the office space by more than half, the proposed plan features a 242-room hotel on floors 9 to 18 and 240 residential units on the remaining top floors. It will also feature ground-floor retail spanning more than 10,000 square feet, showcasing a mix of restaurants.
A ballroom and hotel rooftop pool deck are planned for the top of the garage.
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