Dallas

Major Development in Uptown: New Bank of America Tower at Klyde Warren Park Secures $290M for Construction

25 days ago
Texas
Texas Updates
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The future Bank of America office tower in Dallas, named Parkside Uptown, has secured a $290 million construction loan. This funding will support the development of a 30-story, 500,000-square-foot class AA building near Klyde Warren Park in the Uptown area. The building is expected to be completed in 2027 and will include amenities such as a 12th-floor sky lobby and lounge, along with ground-floor retail spaces. It is located at the corner of Harwood St. and Woodall Rodgers Fwy. Bank of America has preleased the property, indicating its plan to expand its presence in the area. The project involves multiple stakeholders. JLL arranged the financing through a loan from Goldman Sachs Alternatives. Pacific Elm Properties and KDC are the developers, and Miyama USA Texas owns the property. The design is by Kohn Pedersen Fox Associates, Corgan, and OJB Landscape Architecture, focusing on both functionality and aesthetic appeal.'

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