Pacific Elm Properties Unveils Wellness Floor at Peridot Residences, Key Milestone in Office-to-Residential Conversion

Pacific Elm Properties announces the completion of the Wellness Floor at Peridot Residences, the 291-unit luxury residences occupying 14 floors in Downtown Dallas’ Santander Tower. The Wellness Floor, located on the building’s 33rd floor, features premier amenities including a Pilates studio, spa-grade saunas, sports lounge and an indoor pickleball court – the first of its kind in a luxury high-rise.

The Wellness Floor is part of the building’s broader adaptive reuse vision, which saw the conversion of former office spaces into luxury residences. Located in the heart of the building, the Wellness Floor was meticulously designed to take full advantage of otherwise underutilized space in the building’s core.

“In developing Peridot, we knew that taking advantage of the existing office floor plate to introduce unparalleled amenities would serve as a key differentiator from other high-rise multifamily projects in the Dallas region,” said Jonas Woods, founder of Pacific Elm. “In collaboration with Mintwood, our development partner, we developed an innovative strategy that emphasizes the well-being of residents while finding a creative solution to common challenges faced when converting office to residential.”

“Anchoring Peridot with distinct amenities has proven to be the right approach to add value for residents,” said Katy Slade, founder and principal at Mintwood. “We saw this project as an opportunity to bring a dynamic, best-in-class living experience to Downtown Dallas, and with this latest milestone, we are right in line with that goal.”

Located in the heart of Downtown Dallas, Peridot offers unrivaled access to city living and a diverse mix of retail, dining and entertainment. In addition to the Wellness Floor, the project includes a resort-inspired pool deck with poolside food and drink service, a private outdoor fire pit and grill area, Tower Club access, a state-of-the-art fitness center, rentable private offices and storage units, a game lounge and more. Peridot occupies 14 of Santander Tower’s 50 floors and offers one- and two-bedroom units ranging in size from 600 to 1,500 square feet.

Dallas-based WDG Architecture served as the architect for the project and Swoon the Studio provided interior design services. Adolfson & Peterson was the general contractor.

To learn more about Peridot, visit PeridotResidences.com and follow the residential community on Instagram and Facebook.

About Pacific Elm Properties:
Pacific Elm Properties was formed by and is managed by Woods Capital, founded by Jonas Woods in 2007. The Pacific Elm team has been an active participant in the real estate market as an investor, developer, and manager of real estate assets for over 30 years and has completed over $6 billion in real estate acquisition and/or development transactions including office, residential, industrial, retail and mixed-use properties. To learn more about Pacific Elm Properties, visit www.pacificelm.com.

About Mintwood Real Estate:
Mintwood Real Estate, founded in 2018 in Dallas, Texas, builds forward-looking and valuable mixed-use and multi-family communities. Mintwood and its entrepreneurial team create distinctive, institutional-quality products that seek to redefine experiences for neighborhoods and their residents. The Mintwood team has built more than 4,000 residential units and more than half a million square feet of retail throughout Texas and across the nation, in addition to facilitating multiple acquisitions, dispositions, and re-zoning successes. To learn more about Mintwood, visit www.mintwoodre.com.