In January 1967, plans for major renovation of The Davis Building announced to "modernization" of interiors and to convert the first four levels into and air-conditioned mall, and further expansion of the tunnel to connect with One Main Place and The Renaissance Tower.Plans never completely carried through to complete modernization.

In August 1986 lenders post The Davis Building in foreclosure for funds equaling $18.5 million.

In 1991 the building was used in part of the set for the movie Touch and Die featuring Martin Sheen.

The Drakestone (previously Davis Building) is a Dallas Landmark and was listed on the National Register of Historic Places in 2006.

Media related to Davis Building (Dallas, Texas) at Wikimedia Commons