Dallas, December 9, 2025
An 18-story office tower at 211 North Ervay in downtown Dallas has been listed for sale, offering a unique opportunity for redevelopment. Originally built in 1958 and renovated in 2014, this nearly vacant property spans approximately 184,793 square feet. With its prime location near the Kay Bailey Hutchison Convention Center, currently undergoing a major expansion, potential buyers can explore various redevelopment options, including multifamily housing or hotel conversions, aided by possible tax incentives.
Dallas, Texas
18-Story Office Tower in Downtown Dallas Listed for Sale
December 9, 2025
In an exciting development for the Dallas County economy, the listing of 211 North Ervay, an 18-story office tower in downtown Dallas, presents a significant opportunity for redevelopment. Originally constructed in 1958 and renovated in 2014, this building offers approximately 184,793 square feet of versatile space, ideally situated near the Kay Bailey Hutchison Convention Center, which is undergoing a transformative $3.7 billion expansion project. As local entrepreneurs seek innovative ways to adapt to the evolving business landscape, properties like this tower represent the resilience and determination that define Dallas’ small-business community.
This property is currently nearly vacant and is being marketed for sale without an asking price, making it an appealing canvas for potential buyers. It is zoned CA-1, opening up potential uses from multifamily housing to hotel or office conversions. The possibility to leverage incentives such as Historic Tax Credits and Low-Income Housing Tax Credits (LIHTC) further enhances the attractiveness of this venture for private investors.
Background on 211 North Ervay
Located at 211 N. Ervay Street in the City Center District of Dallas, the midcentury office high-rise stands 250 feet tall and features a unique modernist design. The building’s strategic corner placement adjacent to Thanks-Giving Square enhances its visibility and accessibility, making it a prime candidate for redevelopment.
Recent Transactions and Market Context
211 North Ervay recently passed hands for $8 million in a foreclosure auction in February 2024. Thistle Creek Capital, the new owner, initially planned to convert the building into residential units while maintaining its historic exterior. However, with the current vacancy, it is essential for investors to consider fresh ideas and innovative conversion strategies that resonate with today’s market demands.
The listing aligns with a trend in the Dallas real estate market, where notable office property transactions have signaled robust investment interest. Noteworthy purchases include Cousins Properties’ acquisition of The Link at Uptown for $218 million and Crescent Real Estate’s purchase of the Texas Capital Center for over $292 million, highlighting the vitality of the Dallas office market despite shifting occupancy trends.
Redevelopment Opportunities and Incentives
The zoning classification of CA-1 allows for a myriad of potential redevelopment strategies, enabling buyers to explore various avenues such as multifamily developments, hotels, or mixed-use projects. The potential for utilizing Historic Tax Credits and Low-Income Housing Tax Credits (LIHTC) adds further appeal, allowing projects to maintain financial viability while contributing to the community’s growth.
Conclusion
The sale of 211 North Ervay represents a notable opportunity for forward-thinking developers and entrepreneurs to participate in the ongoing revitalization of downtown Dallas. With its strategic location near significant developments like the Kay Bailey Hutchison Convention Center and the flexibility afforded by its zoning, interested parties should consider this tower as a viable option for future investment in the evolving landscape of the Dallas County economy.
Frequently Asked Questions (FAQ)
What is 211 North Ervay?
211 North Ervay is an 18-story office tower in downtown Dallas, constructed in 1958 and renovated in 2014, offering approximately 184,793 square feet of space. It is located near the Kay Bailey Hutchison Convention Center, which is undergoing a $3.7 billion expansion project. The building is currently nearly vacant and is being marketed without an asking price.
What are the redevelopment opportunities for 211 North Ervay?
The building is zoned CA-1, allowing for various uses, including multifamily, hotel, and office conversions. Potential development incentives include Historic Tax Credits and Low-Income Housing Tax Credits (LIHTC).
Who is handling the sale of 211 North Ervay?
Avison Young has been retained by Thistle Creek Capital to advise on and broker the sale of 211 North Ervay.
What is the current occupancy status of 211 North Ervay?
The building is currently nearly vacant.
What is the asking price for 211 North Ervay?
The property is being marketed without an asking price.
Key Features of 211 North Ervay
| Feature | Description |
|---|---|
| Location | 211 N. Ervay Street, Dallas, Texas |
| Height | 250 feet |
| Floors | 18 floors of office space |
| Square Footage | Approximately 184,793 square feet |
| Construction Year | 1958 |
| Renovation Year | 2014 |
| Zoning | CA-1, allowing for multifamily, hotel, and office conversions |
| Development Incentives | Potential for Historic Tax Credits and Low-Income Housing Tax Credits (LIHTC) |
| Current Occupancy | Nearly vacant |
| Asking Price | Not disclosed |
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Author: STAFF HERE DALLAS WRITER
The DALLAS STAFF WRITER represents the experienced team at HEREDallas.com, your go-to source for actionable local news and information in Dallas, Dallas County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as the State Fair of Texas, Deep Ellum Arts Festival, and Dallas International Film Festival. Our coverage extends to key organizations like the Dallas Regional Chamber and United Way of Metropolitan Dallas, plus leading businesses in telecommunications, aviation, and semiconductors that power the local economy such as AT&T, Southwest Airlines, and Texas Instruments. As part of the broader HERE network, including HEREAustinTX.com, HERECollegeStation.com, HEREHouston.com, and HERESanAntonio.com, we provide comprehensive, credible insights into Texas's dynamic landscape.
