Real estate investor Scott Rohrman is among a handful of developers who are racing to build the next office tower in downtown Dallas. Rohrman’s company has recently revealed plans to build a 42-story skyscraper in downtown’s eastside.
The developer’s proposed project would have around 200,000 square feet of offices, 250 hotel rooms, and a further 224 apartments. Plans also includes ground-floor retail space. “We are not going to go build it speculative-basis,” Rohrman said, “but we are going to put our name in the hat for office users.”
Rohrman also added that “We are looking to have preleasing on the tower or secure a capital source that would want to do a speculative building.” The new building, which was designed by Dallas’ The Beck Group, will occupy most of the block at Elm and North Pearl streets near Interstate 345.
Rohrman started purchasing small buildings and a host of parking lots in the area a few years back. He also owns the former Masonic Lodge and Western Union building on Main Street and the new SOVA Hotel building on Commerce Street. Rohrman has a reputation for buying undervalued real estate in developing neighborhoods.