Dallas’ historic Neiman Marcus flagship store at 1618 Main Street will remain open past the 2025 holiday season, according to owner Saks Global. The company is continuing discussions with city officials about possible future uses for the nine-story property, as reported by the Dallas Business Journal.
Saks acquired Neiman Marcus Group in a $2.7 billion deal late last year. In a statement, Saks said it is “committing to serving its loyal customer base in Dallas” while planning unfolds into next year.
The announcement follows previous uncertainty about the store’s fate, including an earlier plan to close it in January and then March of this year. The prospect of losing the downtown location, which opened in 1907 and played a significant role in establishing Dallas as a fashion center, led to efforts from city officials, business leaders, and developers to keep it open.
Dallas City Manager Kim Tolbert responded positively to the extension: she said the city “celebrates” the decision and will continue working with Saks Global Executive Chairman Richard Baker on long-term plans for Neiman Marcus downtown. Tolbert emphasized that the store has helped elevate Dallas as a global retail destination and remains important to the neighborhood’s cultural identity.
While Saks has not announced final plans for the building—which spans more than 100,000 square feet—recent proposals have included transforming parts of it into an events venue or a museum honoring Neiman Marcus’ legacy.
At the same time, Saks is investing approximately $100 million in renovations at Neiman Marcus’ NorthPark Center location as part of its broader reinvestment strategy. The future of the downtown flagship remains uncertain amid these changes.
The timing coincides with preparations for major events such as the 2026 FIFA World Cup and ongoing assessments of aging real estate across downtown Dallas. Decisions regarding Neiman Marcus are expected to influence wider conversations about development and revitalization efforts in central Dallas.
