The Drever

DALLAS—Drever Capital Management's 1.5-million-square-foot redevelopment of the former First National Bank of Dallas building at 1401 Elm St. is well underway. The project is scheduled to be complete by the end of 2018, with the building opening in the first quarter of 2019. In total, The Drever redevelopment will include a luxury high-rise offering 324 residential units, a Thompson Hotel planned with 218 rooms, spa, retail, office and destination restaurants.

The next step has begun, which consists of removing and restoring the historic marble slab panels on the building's façade. The panels will be refurbished by cladding the natural stone to a structural aluminum honeycomb backer panel, which will ensure the engineering integrity and the historical value of the original marble slabs. The highest quality materials available were sourced during the original construction, importing the white marble slabs from the same quarry in Greece as the marble used to build the Parthenon.

Andres Construction is the construction manager overseeing the overall building project. HyComb USA is responsible for the stone cutting and the application of the new structural aluminum honeycomb panel. Steve McCoy, president of Drever Construction Co. worked with lead architect, Merriman Anderson/Architects and Andres Construction to develop a solution to remove, restore and reinstall the slabs.

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Lisa Brown

Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.