What is the latest status of the project “Magnolia Building Renovation”?

The status recorded for “Magnolia Building Renovation” is planned.

What is the budget and commercial profile for the project “Magnolia Building Renovation”?

Taiyo normalizes the budget of “Magnolia Building Renovation” to USD 200000000.

Where can I verify the source and access all details for “Magnolia Building Renovation”?

This Taiyo project page references Dallas News along with the original URL (https://www.dallasnews.com/business/real-estate/2025/08/19/developer-has-200m-deal-to-buy-renovate-downtown-dallas-landmark-here-are-the-plans/). Taiyo standardizes official data into a consistent, searchable project profile.

Magnolia Building Renovation

Sector: Residential • Location: Dallas, Texas, United States

Source: Dallas News

Project

Planned

Sycamore Development plans to renovate the 29-story Magnolia Building in downtown Dallas, converting it into a mixed-use property with hotel rooms and mixed-income apartments. The project includes reducing hotel rooms from over 320 to 160 and adding 130 mixed-income apartments. Construction includes a new main lobby and guestroom tower, with separate elevator banks for hotel and apartments.

Status: Prospective
Sector: Residential, Hotel, Commercial
Location: Dallas, Texas, United States of America
Updated: 22 Jul 2026
Source: Dallas News

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Project Information

4 Q

The project “Magnolia Building Renovation” is an infrastructure initiative in the Residential sector, located in Dallas, Texas, United States. Taiyo aggregates data on it from Dallas News.

Participants

Not available for this record.

Status

Original status	planned
Taiyo status	Prospective
Taiyo last update	2026-07-22

Contact

Not available for this record.

Description

Description	Sycamore Development plans to renovate the 29-story Magnolia Building in downtown Dallas, converting it into a mixed-use property with hotel rooms and mixed-income apartments. The project includes reducing hotel rooms from over 320 to 160 and adding 130 mixed-income apartments. Construction includes a new main lobby and guestroom tower, with separate elevator banks for hotel and apartments.
Original sector	Built Sector
Budget

Location

Country	United States of America (USA)
State	Texas
City	Dallas

Source

Source	Dallas News
URL

More Details

Record type	Project
Sector	Residential, Hotel, Commercial
Article published date	2025-09-16

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Magnolia Building Renovation

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