Notably, the building was built over Federal Street which runs through a tunnel on the lower floors.
Longtime real estate brokers said it was the first time that so many prominent downtown office towers had been posted for foreclosure.
According to the foreclosure posting documents, the developers had defaulted on an $86.6 million loan held by Swiss Bank Corp.
On July 8, 2010 the Obama administration announced it had awarded $4.9 million to the McKinney Avenue Transit Authority in order to extend its popular Uptown streetcar line south into downtown Dallas.
As such, the entire DART rail system will be connected to the MATA streetcar via the short transfer at Harwood Center.