1st Converted Aloft Hotel
1033 Young St.DALLAS-Hamilton Properties Corp. and SAVA Holdings Ltd., armed with a $68.5-million plan, will bookend the Dallas Convention Center with two hotels, totaling 447 rooms. One will be a boutique independent and the other flagged as an aloft.
The development partners will begin work in September to convert the Santa Fe IV warehouse into a 195-room aloft, believed to be the flag’s first adaptive reuse in the nation. The eight-story structure, built in 1926 at 1033 Young St., will be the closest hotel to the convention center. The aloft project’s cost will come in just under $40 million, Ted Hamilton, partner in the father-son local company, tells GlobeSt.com. His father, Larry, is spearheading the makeover of the 12-story Dallas Plaza Hotel at 1011 S. Akard St., which right now is the convention center’s closest hotel neighbor. Work on the 252-room hotel, being renamed to the View, will begin in November….