New Luxury Office Tower to be Built on McKinney Avenue
Dallas developer Trammell Crow Co. and its partners plan to build a new 12-story luxury office tower on McKinney Avenue where Tex-Mex restaurant Chuy’s currently stands.
The 300,000-square-foot development, called Knox & McKinney, will feature office and retail, said Cynthia Langhorst, global head of communications for Trammell Crow.
The group provided no further details regarding construction and opening timelines.
Partners and Location
The move comes after Trammell Crow Co. and BDT & MSD Partners signed a long-term ground lease for a handful of addresses at the southeast corner of Knox Street and McKinney Avenue. Other partners on the project include The Retail Connection and Highland Park Village Associates.
D-FW Real Estate News
Reasons Behind the New Project
Langhorst said in a statement the owners are excited about the new project thanks to “robust retail demand” in the neighborhood and the success of their Knox Street Development, a 4-acre residential, office, retail and hotel development on the eastern edge of Highland Park.
Currently under construction, Knox Street Development’s 150,000 square feet of office space was 100% preleased two years before it was finished. Tenants include ISN Software Corp. and law firm Paul Hastings.
Expected Opening Date and Previous Success
The 1 million-square-foot Knox Street Development is expected to open in 2026.
“We’re excited to get started on the next phase,” said Ray Washburne, who oversees Highland Park Village Associates. “As you’ve seen in Uptown, all the Class AA new space — everything’s leasing up.”
Washburne previously told The Dallas Morning News that Knox & McKinney’s estimated opening date was 2028.
Chuy’s Relocation and Office Space Demand
Chuy’s announced in August that it would leave the McKinney Avenue site for 1520 Greenville Ave., the former site of Desert Racer, a restaurant known for its massive patio and generous parking lot. Chuy’s had been on its corner since 1993.
In the first quarter of 2025, Dallas-Fort Worth reported more office space was leased than vacated for the first time in over two years.
Overall net office absorption was 272,890 square feet. That figure was positive for the first time in 10 quarters, according to a report from Cushman & Wakefield.
Conclusion
The new luxury office tower on McKinney Avenue is an exciting development for the area, with a strong demand for office space and a successful track record of preleasing. With the expected opening date of 2028, the project is sure to bring new life to the neighborhood.
Dallas Morning News staff writer Sarah Blaskovich contributed to this report.
Frequently Asked Questions
Q: What is the name of the new luxury office tower?
A: The new luxury office tower is called Knox & McKinney.
Q: Where will the new office tower be located?
A: The new office tower will be located on McKinney Avenue, where Chuy’s currently stands.
Q: What is the expected opening date of the new office tower?
A: The expected opening date of the new office tower is 2028.
Q: What is the size of the new office tower?
A: The new office tower will be 300,000 square feet and 12 stories tall.
Q: Who are the partners involved in the project?
A: The partners involved in the project include Trammell Crow Co., BDT & MSD Partners, The Retail Connection, and Highland Park Village Associates.
