1401 Elm Street
Dallas, TX 75202
|Small||2,500 sqft||$4,583.33 /mo est|
|Medium||5,000 sqft||$9,166.66 /mo est|
|Large||10,000 sqft||$18,333.33 /mo est|
|Whole Floor||20,000 sqft||$36,666.66 /mo est|
- Owner/Leasing ManagerLazarus Property Company
- ArchitectThomas Stanley
- Walk Score®98
- Year Built1965
<strong>Elm Place</strong>, one of the older buildings in the Downtown Dallas area, was formerly known as First National Bank Tower and was completed in 1965. When it first opened, it was the tallest building in the United States West of the Mississippi River. It remained the tallest building in Dallas until 1974, when it was surpassed by [Renaissance Tower](http://www.thesquarefoot.com/buildings/Dallas/TX/75270/Historic_District/1201_Elm_St/Renaissance_Tower).The ground level of the building is made up of [retail space](http://www.thesquarefoot.com/dallas/retail-space) and connects to the Dallas Pedestrian Network. The lower two levels of the project contain an 800 space parking garage.A the top of the tower is an observation area that houses what at one time was the world's highest escalator.At night, the building is illuminated with white vertical pinstripes from top to bottom across the face of both sides.
A resurgence of corporate relcations and commercial developmentse have made Dallas one of the fastest growing centers of business in the US. Just last year, nearly 100 developments have been announced or initiated.
The Downtown commercial office market is generally defined by two primary submarkets: the Central Business District (CBD) and Uptown/Turtle Creek.
The Downtown CBD submarket is comprised of approximately 30 million square feet of multi-tenant office space, and contains more Class A space than almost any other regional submarket at over 20 million square feet. Class A property represents a vast majority of the inventory, in fact.
In the Uptown/Turtle Creek part of town, approximately 11 million square feet of multi-tenant office space is available, with 87 percent classified as Class A space.
More than 50 companies relocated to or renewed their leases Downtown in the last year.
Downtown Dallas is a lively district with tons of attractions, from fine dining restaurants to shops and numerous cultural events in the Arts District, which rivals any cultural center in the country.The Dallas Museum of Art, the Perot (yes, Ross), Museum of Nature and Science, and the AT&T Performing Arts Center offer non-stop programming worth a visit.
Furthermore, the culinary and nighlife scene make for a happy workforce. Diverse food options and boisterous bars offer working professionals a bevy of lunch spots and happy hours.
Dallas is widely regarded as one of the best places to do business in the US. With favorable rents, state-of-the-art commercial space, and a vibrant cultural scene, you can see why.