The downtown Dallas Neiman Marcus will remain open through 2025 before the location is "reimagined" the company announced Friday.

Neiman Marcus' iconic Downtown Dallas location will stay open through 2025, the department store's corporate parent said Friday morning. Earlier this month, Saks Global said the decision to permanently close the retailer's flagship location was final. It was supposed to close its doors for good on March 31 .

"We are excited that Saks Global has decided to keep Neiman Marcus open downtown, as we explore the opportunity to unlock the potential to transform downtown into an international beacon and economic engine for fashion — just as the Neiman Marcus founders intended when they opened the store more than 100 years ago," Tolbert said in a statement.