DALLAS — The Dallas City Council has approved an agreement to provide $103 million in funding toward the redevelopment of the city's tallest building, turning some of its floors into a hotel.

That $103 million will come from the Downtown Connection Tax Increment Financing (TIF) District to help fund the planned $409 million redevelopment of Bank of America Plaza at 901 Main St.

“I am ecstatic that we approved this item today to support our business community and a significant economic asset. This investment of funding through the Tax Increment Financing District in the area will expand the Bank of America property from simply a building of offices to a vibrant community-focused facility," said Mayor Pro Tem Jesse Moreno in a statement. “There will be a mix of office space, a high-quali

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