Bank of America Plaza $409M Conversion Faces Sept. 30 Deadline

The Dallas City Council approved a $103 million TIF incentive for the $409 million redevelopment of Bank of America Plaza at 901 Main St. in October 2025. To keep it, the developer must close on the tower by Sept. 30. The project converts the 72-story, 921-foot tower into a 1.8 million-square-foot mixed-use property. 901 Main PAHG Partners LLC is the developer; Hoefer Welker is the architect.

The plan adds a 275-room, four-star hotel with a lobby, ballroom, meeting space, and a restaurant on the 69th floor. An outdoor lounge and observation deck are also included.

Street level gets retail and restaurant space. An elevated skybridge will connect the tower to surrounding downtown infrastructure. An eight-level, 1,115-space garage handles parking.

Completion is expected September 30, 2032. The tower has been Dallas's tallest building since 1985; the plans retain its height and floor count.

The site sits in the downtown CBD along Main Street, near DART's Akard and St. Paul stations, the West End, and the Dallas Streetcar connection at Union Station.

Correction, Oct. 21, 2026: An earlier version of this story reported the redevelopment's approval as new. The City Council approved the $103 million incentive on Oct. 22, 2025, and the developer had until Sept. 30, 2026 to close on the tower to keep it.