Construction has begun on an 800,000 sq ft workspace and 1.5 acre urban park at investment bank Goldman Sachs’ Dallas Campus.
Some 5,000 employees will work at the building, which is designed by the New York office of Danish architect Henning Larsen.
The building has two wings, with the tallest being 14 floors. As well as workplaces, it will have a gym, crèche, underground parking and conference facilities.
Real estate information company CoStar says Balfour Beatty is working as the project’s general contractor and JPMorgan Chase is funding the project through a $514m loan.
The owner is Hunt Realty, with Hillwood Urban as developer. The building aims to achieve LEED and WELL certification and will be powered entirely by electricity.
John Waldron, Goldman Sachs’ president, said: “We have been operating in Dallas for more than 50 years. This state-of-the-art campus further demonstrates our commitment to Dallas, and is testament to the incredible talent and strong client base in the region.”
Eric Johnson, Dallas’ mayor, said: “The expansion of this global brand in our city centre is a remarkable sign of how far Dallas has come in recent years as we have focused on attracting talent and businesses by prioritising public safety, improving quality of life, and reducing our tax rate.”
The project is due top open in late 2027.