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Saks Global sought $126M from Dallas to save flagship Neiman Marcus

Saks Global sought $126M from Dallas to save flagship Neiman Marcus
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Saks Global had a plan to keep their flagship Neiman Marcus store open in Downtown Dallas: $126 million from the city to begin construction and another $24 million in historic tax credits.  Newly released public records show that Saks Global wanted to use historic tax credits and city funding to renovate its downtown Neiman Marcus store at 1618 Main Street, according to the Dallas Morning News. The funding would’ve also gone into keeping the store open. Saks wanted to bring the Zodiac Room restaurant to the ground floor of the building and renovate the top seven floors into office space, Read More

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