Format
Full
City
Dallas
State/Province
TX
Country
USA
Metro Area
Dallas–Fort Worth
Project Type
Multifamily Rental
Location Type
Central Business District
Land Uses
Fitness Center
Multifamily Rental Housing
Restaurant
Retail
Spa
Structured Parking
Keywords
Adaptive use
Downtown housing
ground-floor retail
Historic preservation
Office-to-apartment conversion
Public-private partnership
Restoration
Tax increment financing
Urban redevelopment
Site Size
3.3
acres
acres
hectares
Date Started
2005
Date Opened
2008
Mercantile Place is a rental apartment community in downtown Dallas that consists of four separate and diverse buildings with a total of 704 apartments. Two of the apartment buildings were converted from office buildings (one of which was historic), the third involved the renovation of a historic building previously converted from office space, and the fourth is a new 15-story apartment building. Though the buildings are located on three separate blocks, they share amenities and parking, and the four buildings have been positioned and marketed together as one residential community. The project also includes four restaurants at street level. Mercantile Place involved the use of tax increment financing (TIF) and is part of a public/ private effort to renovate older structures and bring more housing to downtown Dallas.
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Format
Full
City
Dallas
State/Province
TX
Country
USA
Metro Area
Dallas–Fort Worth
Project Type
Multifamily Rental
Location Type
Central Business District
Land Uses
Fitness Center
Multifamily Rental Housing
Restaurant
Retail
Spa
Structured Parking
Keywords
Adaptive use
Downtown housing
ground-floor retail
Historic preservation
Office-to-apartment conversion
Public-private partnership
Restoration
Tax increment financing
Urban redevelopment
Site Size
3.3
acres
acres
hectares
Date Started
2005
Date Opened
2008
Website
Project address
1800 Main Street, Dallas, Texas 75201
Developer/owner
Forest City Residential Inc.
1800 Main Street, Suite 250
Dallas, Texas 75201
www.forestcity.net
Mercantile Tower renovation architect
BGO Architects—Pitts Design Studio
Element Building architect
Dimella Schaffer Architects
BGO Architects—Pitts Design Studio
Continental Building renovation architect
Merriman Associates Marley+Co Interior Design
Interviewees
Brian Ratner, president, Forest City Texas Inc.
James Truitt, senior vice president, development, Forest City Texas Inc.
Lisa Ratcliff, regional manager, Forest City Enterprises
Karl Zavitkovsky, director, City of Dallas Office of Economic Development
Gary Pitts, senior associate, REES (formerly with BGO Architects)
ULI Staff
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