Downtown Dallas’ Davis Building, owned by Tim Headington, to undergo $45 million facelift – Dallas Business Journal

A 90-year-old downtown Dallas building is getting a $45 million facelift.

The Davis Building, a 250,000-square-foot retail and residential tower at 1309 Main St., will undergo the refresh over the next 15 months, courtesy of Dallas-based MYCON Construction. The Dallas Morning News was the first to report the project.

Renovations will include upgrading the building’s retail space and converting 183 loft-style rental units into 215 luxury apartments.

Built in 1926 for Republic National Bank, the 20-story Davis Building was converted into apartments in 2003.

Serving as the project architect will be Dallas’ 5G Studio Collaborative.

The Davis Building is owned by Dallas investor Tim Headington, who bought the property last year to add to his portfolio of downtown real estate, according to the DMN.

Earlier this month, Headington put the finishing touches on renovations of another downtown building at 1217 Main St.

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