Goldman Sachs Group Inc., along with Hunt Realty Investments and Hillwood Urban, celebrated a momentous milestone as they broke ground on their impressive new campus in Dallas on Tuesday. The new campus, set to become the future workplace for approximately 5,000 employees, features an 800,000 square-foot structure with an estimated cost exceeding $500 million. This cutting-edge facility finds its home on North Field Street, adjacent to the illustrious Perot Museum of Nature and Science.
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Goldman Sachs President and Chief Operating Officer, John Waldron, expressed his anticipation, stating, “This region continues to be a hub for talent, innovation, and opportunity. It is this incredible promise that binds Goldman Sachs to the area and is driving us to expand our presence in Texas. We are honored to be part of such a landmark development for the city.” Goldman Sachs has maintained a presence in Dallas since 1968 and has impressively grown over the past five decades. The company has evolved from a small team of wealth advisers and investment bankers to now employing over 4,000 individuals across various sectors, including a substantial contingent of engineers. Dallas stands as Goldman Sachs’ second-largest office in the Americas, outside of its global headquarters in New York City.
Completion date for the new Goldman Sachs new campus in Dallas
The Goldman Sachs new campus in Dallas, scheduled for completion in 2027, will unify the company’s local workforce, currently spread across different locations, into a single, centralized hub near Victory Park. The 14-story complex represents the initial phase of the expansive 11-acre NorthEnd mixed-use development. This ambitious project will encompass a blend of offices, retail establishments, residential units, and hotel rooms, all surrounding a 1.5-acre urban park.
The innovative structure, designed by Henning Larsen Architects in New York, will not only foster collaboration with various employee spaces but will also include amenities like an on-site café, a fitness center, backup childcare services, underground parking, conference facilities, and access to a variety of outdoor gardens and terraces. This groundbreaking endeavor promises to be a transformative addition to the Dallas city
It is interesting they used a New York architect firm instead of a Dallas-Ft. Worth firm. I guess they just cannot get rid of that uppity we are better than anyone else attitude. But glad to have Goldman Sachs here than somewhere else.