The refurbished Statler Hotel in downtown Dallas will debut in October 2016, and it will have a familiar name attached: Hilton.
The hotel debuted in 1956 as the Dallas Statler Hilton, heralded as the first and finest hotel of the modern era for its groundbreaking design and electronic innovations. It boasted many firsts in the hotel industry, including elevator music and custom 21-inch Westinghouse TVs in every room.
Hilton Hotels sold the property to Hong Kong investors in 1988, who renamed it the Dallas Grand Hotel. It closed in 2001.
In 2014, Centurion American Development Group purchased the property and secured $46.5 million in TIF financing from the City of Dallas to redevelop the historic property into a flagship hotel, residential, retail and entertainment center.