Makeover on Dallas' Cabana Hotel Will Include Residential Tower and Resort Pool
Developers of the $230 million Statler Hotel redo in Downtown are gearing up for a second landmark hotel makeover that will add new construction to the mix.
According to the Dallas Morning News, Centurion American Development Group is paying $8.1 million for the former Cabana Motor Hotel across from Victory Park on Stemmons Freeway.
While the 19-story Statler project transformed some hotel rooms into apartments, Centurion founder Mehrdad Moayedi told the News that the Cabana will remain a hotel, and a separate residential tower with 400 units will be constructed atop the parking garage.
Las Vegas developer Jay Sarno — who built Caesar’s Palace and Circus Circus — constructed the 10-story midcentury modern Cabana 55 years ago, and Moayedi plans to recapture the glitz.
"We are going to give a big emphasis on a pool,” he said. “It's going to be like a Las Vegas pool."
Though the Cabana was a busy fashionable hotel in its heyday, it was later acquired by Dallas County, which initially used it as a detention center. In recent years, however, it has been a vacant piece of surplus property.
After Moayedi gives the Cabana some love, he envisions marketing it as a one-of-a-kind place with events, a nightclub and a couple of restaurants for millennials to stay and hang out.