Dallas approves $103 million funding to transform Bank of America tower into hotel, retail destination

Bank of America Plaza in the Dallas skyline
Bank of America Plaza in the Dallas skyline Photo credit Getty Images

The Bank of America tower, one of the most recognizable landmarks in the city of Dallas, will soon be transformed into a hotel and retail destination

The city of Dallas has approved $103 million in funding to convert some office spaces in the building into a hotel, and some spaces on the ground floor into shops and restaurants.

According to WFAA, the plan is to add 280 four-star or higher hotel rooms and other hotel amenity space, a new glass and steel structure next to the tower to act as a lobby for the hotel, and a 1,115-space parking garage across Main Street, which would connect to the hotel from an elevated crosswalk.

There are also plans for additional street-level retail and restaurant space.

Renovations are scheduled to be finished in 2032.

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Featured Image Photo Credit: Getty Images