Peridot, located in the historic Santander Tower, offers upscale apartments with modern amenities and a prime location. Here’s what you need to know:
- Apartments: 1- and 2-bedroom units, ranging from 607–1,557 sq. ft.
- Rent: Starts at $2,000/month.
- Amenities: Rooftop pool, fitness center, Pilates studio, infrared saunas, pickleball court, dog park, and more.
- Location: 500 South Ervay Street, Walk Score of 95, close to parks, dining, and transit options like DART Light Rail.
Why it stands out: Peridot blends urban convenience with high-end features, making it a top choice for Downtown Dallas living.
Keep reading for a full breakdown of floor plans, amenities, and resident feedback.
Building Facts
Building Specifications
Peridot occupies eleven floors of the historic Santander Tower, originally constructed in 1982. This project transformed part of the 50-story, 1.3-million-square-foot office tower into 228 high-end apartments. The redesign was led by WDG Architecture, with contributions from design firm Swoon, the Studio, and TBG Partners.
"After studying the market, we determined there is rising demand for elevated rental product in the downtown core and assembled a team to make this transformative adaptive reuse happen, as the first of several projects in our partnership with Pacific Elm" – Katy Slade, principal and founder of Mintwood Real Estate
Its downtown location adds even more appeal to this ambitious transformation.
Downtown Dallas Location
Peridot’s location in downtown Dallas places it at the heart of the city’s urban growth. Situated within the Santander Tower, this development is just the beginning of a larger residential expansion in the area. Future plans include over 1,500 additional homes in the downtown core.
| Building Overview | Details |
|---|---|
| Total Building Height | 50 stories |
| Residential Floors | 11 floors |
| Number of Units | 228 apartments |
| Original Construction | 1982 |
| Building Size | 1.3 million sq ft |
| Starting Monthly Rent | $2,000+ |
Area and Access
Local Spots and Services
Peridot offers incredible convenience in the heart of downtown Dallas. With a Walk Score of 95 out of 100, most daily errands can be completed on foot. Located at 500 South Ervay Street, residents are just steps away from a variety of urban amenities.
The area is surrounded by parks like Dallas City Hall Plaza, Main Street Garden, and James W. Aston Park, providing plenty of outdoor spaces to enjoy. The Dallas Farmers Market is also nearby, featuring three soccer fields as part of its redevelopment.
In addition to its amenities, the neighborhood is well-connected through excellent transit options.
Getting Around
The area boasts an "Excellent Transit" rating. Akard Station, a 12-minute walk from Peridot, serves as a key transit hub with access to several DART Light Rail lines:
| Rail Line | Service Type |
|---|---|
| Blue Line | DART Light Rail |
| Green Line | DART Light Rail |
| Orange Line | DART Light Rail |
| Red Line | DART Light Rail |
| TRE | Trinity Railway Express |
"Daily errands do not require a car." – Walk Score
The neighborhood is also rated as "Very Bikeable", making it ideal for cycling, whether for commuting or leisure. Its central location ensures quick access to major roads while maintaining the charm of Downtown Dallas.
Building Features
Peridot combines its prime location with a variety of amenities designed to suit different lifestyles.
Health and Exercise
Residents have access to a cutting-edge fitness center, a Pilates studio, infrared saunas, and even an on-site pickleball court.
Community Areas
The community spaces include a rooftop pool with stunning downtown views, a private pool open year-round, outdoor grilling stations, a fire pit, a game room, and tenant lounges.
Work and Pet Spaces
To support both work-life balance and pet ownership, Peridot offers private offices, a modern business center, and pet-friendly amenities. The dog run, located on the east side of the building, accommodates up to two pets per home, with a combined weight limit of 100 pounds. Pet fees include a one-time $500 deposit and $25 monthly rent.
Apartment Features
Apartments at Peridot range from 700 to 1,300 square feet and come with high-end finishes, premium appliances, and a sleek design that reflects downtown luxury.
"Peridot Residences offer a holistic lifestyle inspired by comfort and luxury. Located in the heart of Downtown Dallas, this high-rise includes stunning views, unparalleled amenities, and respite from the bustling city. This personal retreat embodies elegance and exceptional service to residents."
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Units and Costs
Available Layouts
Peridot provides floor plans ranging from 700 to 1,300 square feet. Options include one- and two-bedroom layouts, all featuring modern finishes designed to fit a variety of preferences.
Cost Information
For pet owners, there’s a one-time deposit of $500 per pet, plus $25 in monthly pet rent per pet. A maximum of two pets is allowed per home, with a combined weight limit of 100 lbs.
Reach out directly for the latest pricing and availability, as rates may differ.
Resident Feedback
Residents’ opinions shed light on Peridot’s offerings, complementing its premium amenities and central location. Here’s a quick look at how they feel about key aspects like value, design, amenities, location, and space.
Benefits and Drawbacks
| Aspect | Positives | Considerations |
|---|---|---|
| Value | Seen as a luxury option with a reasonable price point | Limited parking |
| Design | Modern, sleek finishes | |
| Amenities | Resort-style pool and wellness-focused features | |
| Location | Convenient downtown spot | |
| Space | Smartly designed floor plans |
Residents particularly appreciate the focus on wellness and productivity, though limited parking remains a key issue.
Peridot strikes a balance between luxury and affordability, offering competitive amenities at a price point of $2,395 for a one-bedroom unit.
Other Downtown Dallas Options
Downtown Dallas has plenty of upscale living options that rival Peridot’s offerings. If you’re looking for alternatives, here are two standout choices worth considering.
The Sinclair: This 46-story high-rise delivers premium amenities and a sophisticated downtown lifestyle.
Skyline Farmers Market Apartments: Situated across from the Dallas Farmers Market, this property blends modern design with unbeatable convenience. Here’s a quick look at the apartment sizes:
| Apartment Type | Square Footage |
|---|---|
| Studio | 600 – 672 sq ft |
| 1 Bedroom | 672 – 900 sq ft |
| 2 Bedroom | 1,107 – 1,348 sq ft |
Skyline Farmers Market Apartments include:
- A resort-style pool
- A modern fitness center
- A resident clubhouse
- A Zen-inspired courtyard
- Pet-friendly amenities
The location is a standout feature. Residents have access to over 200 local businesses in the Dallas Farmers Market area. Plus, it’s within walking distance of Deep Ellum‘s vibrant entertainment scene, featuring bars, restaurants, and live music venues. The property also offers quick access to the American Airlines Center, Arts District, Design District, and Historic District.
Summary and Contact
Main Points
Peridot stands out as a luxury residence in Downtown Dallas, blending modern design with well-thought-out amenities to create an elevated living experience.
Residents appreciate the spacious layouts, high-end finishes, and attentive management. As one resident, Veronica-Carol Brailsford, shares:
"The Peridot is an amazingly beautiful building and they didn’t skimp on anything–luxury finishes, top grade appliances, thoughtful floorplans, stunning views, top flight security, and the staff!!" – Veronica-Carol Brailsford
Its central location offers both convenience and a sense of calm, while the range of amenities enhances the overall living experience. These features make Peridot a standout choice for Downtown Dallas living.
Get Help Finding an Apartment
If Peridot sounds like your ideal home, let Taco Street Locating make the process easy for you. Our free service includes:
- Tailored apartment recommendations based on your specific needs and preferences
- In-depth research on available units and pricing
- Guidance through the entire leasing process
- Local expertise to help you navigate the Downtown Dallas area
Complete our apartment preferences form, and our team will help you secure the perfect unit at Peridot or find other luxurious options in Downtown Dallas that fit your lifestyle and budget.
