Developer outlines $240M redevelopment plans for downtown Dallas skyscraper

New York-based Olympic Property Partners LLC and Dallas-based BDRC are planning a $240 million redevelopment of 1401 Elm Street downtown. The project will include approximately 485 luxury apartment homes, 135,000 SF of retail, and is expected to be completed by December 2016. Source: Dallas Morning News, December 31, 2014.