Crowne Plaza Dallas Downtown

1015 Elm St Dallas, TX 75202

1015 Elm St, Dallas, TX, 75202
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FOR SALE
Property Type:
Hotel
Amount:
Please Call Broker for Price

Last Verified:
Nov 18, 2025

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Highlights

  • 293 New Contemporary Guest Rooms; 23 stories
  • Over 30K SF of Meeting & Special Event Space
  • Current Brand: Crowne Plaza (IHG)
  • Original Build: Holiday Inn 1970's
  • Major Renovations: 1980 I 2019 I Partial 2024
  • Prime location in Downtown Business District
  • Just a short walk to over 50 restaurants & attractions
  • AA Center just a short drive away for major Dallas sporting events and concerts
  • Close to Deep Ellum & the Arts District
  • DMA, Nasher Sculpture Gardens, ATT Discovery District & Perot Museum nearby
  • Dallas Fair Park grounds & Museums a short drive

Description

The Crowne Plaza Downtown Dallas offers a prime investment opportunity in the heart of one of Texas's most dynamic markets. Boasting a strategic location, the hotel provides unparalleled access to Dallas’s vibrant business district, entertainment hubs, and prominent attractions, ensuring strong occupancy and revenue potential. The property features modern amenities, a robust F&B program, and flexible event spaces that cater to corporate and leisure travelers alike. With a proven track record of steady performance, this asset appeals to investors seeking stable cash flow and appreciation prospects in a high-demand urban setting. The Dallas downtown corridor continues to thrive, driven by economic growth and increasing tourism, making this property a compelling addition to any hotel portfolio. Efficient operations, an experienced management team, and opportunities for value-add enhancements further enhance its attractiveness. This is an exceptional chance to acquire a well-positioned hotel in a resilient market with significant upside potential.

The Crown Plaza Downtown Dallas hotel is ideally situated in the heart of one of Texas's most vibrant urban centers. Downtown Dallas boasts a population of over 15,000 residents and hosts a daytime workforce exceeding 150,000, reflecting its status as a major economic hub. The area has a dynamic cultural scene, featuring renowned venues like the Dallas Museum of Art, the Winspear Opera House, and the AT&T Performing Arts Center. Major corporations such as AT&T, Texas Instruments, and American Airlines maintain their headquarters or regional offices nearby, fueling both economic growth and employment. The district is also a transportation nexus, with DART light rail lines and major highways providing seamless connectivity. With a thriving mix of financial services, technology firms, and creative industries, downtown Dallas continues to drive regional prosperity. The Crown Plaza offers guests convenient access to these attractions, making it an ideal base for business and leisure travelers alike.


Year Built: 1969
Building Size: 452655sq ft
Building Class: C
Lot Size: 0.7 acres


Documents

Crowne Plaza Dallas Brochure

Map of 1015 Elm St, Dallas, TX, 75202

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.