![Image](https://www.dmagazine.com/wp-content/uploads/2017/10/PwC-677x451.jpeg)
PwC Gets Signage on Park District
Trammell Crow Co. installed signage for its anchor tenant just as the residence tower topped out.
By Julia Bunch, D Magazine, October 17, 2017, 2:20PM
Article: https://www.dmagazine.com/commercial-re ... -district/
What property is that? Is that the credit union?tamtagon wrote:...now I'm wondering when that other parkside property (left) will disappear under something new big and tall.
tamtagon wrote:...now I'm wondering when that other parkside property (left) will disappear under something new big and tall.
You weren't kidding! They're not messing around with those prices! hahahahatexasstar wrote:Those prices just buckled my knees.
The cheapest I found was $2,500/mo for a 1 bedroom on the lowest floor. Insane!Waldozer wrote:My thought process when I saw the first price on there: “Oh, $19,000 per year isn’t too bad. About $1,600/month...OH THATS FOR A MONTH OF RENT!!!” To be fair the first price I saw was for a penthouse unit of 3k sq ft.
Dallas' new Park District development has landed another major tenant.
Law firm Caldwell Cassady & Curry signed a lease in the two-tower project overlooking downtown's Klyde Warren Park.
Caldwell Cassady & Curry will move from the Rosewood Court building on Cedar Springs Road to the new office building at Pearl Street and Woodall Rodgers Freeway.
The company will move to 14,700 square feet on the 12th floor of the PwC Tower in Park District in early 2020.
The Park District office tower is more than 60 percent leased.
https://www.dallasnews.com/business/rea ... ice-tenantThe three newest buildings in downtown Dallas and Uptown are now all substantially leased.
No. Not even close. (As of the end of 2018, there was more than 5.8 Million square feet of vacant Class A space downtown and another 1.6 Million + square feet of vacant Class A space in Uptown.)Matt777 wrote:So if a company wanted to relocate a large office to Downtown or Uptown into new Class A space this year, are they pretty much out of luck? I keep saying... we need some new office space to break ground with a good amount of spec space or we could be losing out on jobs to the suburbs or areas like Houston that build lot of spec space.
I said "new" class A space. Not vacant. Let's face it, the Amazons, Apples, Googles, and the Salesforces of the world want brand new space with the most updated technology infrastructure.Tucy wrote:No. Not even close. (As of the end of 2018, there was more than 5.8 Million square feet of vacant Class A space downtown and another 1.6 Million + square feet of vacant Class A space in Uptown.)Matt777 wrote:So if a company wanted to relocate a large office to Downtown or Uptown into new Class A space this year, are they pretty much out of luck? I keep saying... we need some new office space to break ground with a good amount of spec space or we could be losing out on jobs to the suburbs or areas like Houston that build lot of spec space.
I don't know about Salesforce, but the rest of them all recently announced relocations/expansions to buildings that have yet to be built.Matt777 wrote:I said "new" class A space. Not vacant. Let's face it, the Amazons, Apples, Googles, and the Salesforces of the world want brand new space with the most updated technology infrastructure.
I didn't mean those exact companies, I was referring to companies like them. Salesforce needed more space ASAP for their Dallas operations to expand. If the Union space was not recently available, they might have expanded their operations elsewhere or gone to the burbs. There's not really 100k of new class A office space sitting around anymore. If they were in Houston, the commercial developers there have made it very easy to get new spec space on short notice so businesses can expand.DPatel304 wrote:I don't know about Salesforce, but the rest of them all recently announced relocations/expansions to buildings that have yet to be built.Matt777 wrote:I said "new" class A space. Not vacant. Let's face it, the Amazons, Apples, Googles, and the Salesforces of the world want brand new space with the most updated technology infrastructure.
I'd imagine some of the really big dogs seem to prefer to move into a space that isn't built yet, and don't mind waiting for it. The smaller/mid-sized companies probably do probably prefer something that is already built, but it seems like we have ample space for those sized companies.
Salesforce just finished the new tower in San Francisco, and has already announced a new expansion tower for downtown Chicago.DPatel304 wrote:I don't know about Salesforce, but the rest of them all recently announced relocations/expansions to buildings that have yet to be built.Matt777 wrote:I said "new" class A space. Not vacant. Let's face it, the Amazons, Apples, Googles, and the Salesforces of the world want brand new space with the most updated technology infrastructure.
I'd imagine some of the really big dogs seem to prefer to move into a space that isn't built yet, and don't mind waiting for it. The smaller/mid-sized companies probably do probably prefer something that is already built, but it seems like we have ample space for those sized companies.
OK. There's still 200.000 square feet available in this building (PwC Park District) and there is more than 400,000 square feet of new space under construction in downtown/uptown. We'll be fine. Developers are doing a good job of meeting the demand for new office space.Matt777 wrote:I said "new" class A space. Not vacant. Let's face it, the Amazons, Apples, Googles, and the Salesforces of the world want brand new space with the most updated technology infrastructure.Tucy wrote:No. Not even close. (As of the end of 2018, there was more than 5.8 Million square feet of vacant Class A space downtown and another 1.6 Million + square feet of vacant Class A space in Uptown.)Matt777 wrote:So if a company wanted to relocate a large office to Downtown or Uptown into new Class A space this year, are they pretty much out of luck? I keep saying... we need some new office space to break ground with a good amount of spec space or we could be losing out on jobs to the suburbs or areas like Houston that build lot of spec space.