Deloitte’s New Office Space in Uptown Office Tower
Global accounting giant and consulting firm Deloitte will soon begin work on its new office space in an Uptown office tower under construction. Deloitte filed plans with the Texas Department of Licensing and Regulation last week for interior finish outs across 4.5 floors at 23Springs. The tower, located at Maple Avenue and Cedar Springs Road, is one of the largest office towers under construction in Uptown.
Deloitte estimates it will begin work on the nearly 112,000-square-foot space in June and finish in late February 2026. Estimated construction costs are $35 million. Gensler will serve as the design firm. Details in TDLR filings are preliminary and subject to change. Deloitte did not respond to questions regarding the filing before publication.
Background Information
Deloitte announced it was moving to 23Springs in January 2024. The firm has been a major tenant in a downtown skyscraper on Ross Avenue — now called the Dallas Arts Tower — for more than three decades. It was previously called the Chase Tower. In 2009, Deloitte chose to consolidate hundreds of North Texas workers into the downtown tower after considering suburban locations. The city provided economic incentives to bring more workers downtown.
Construction Updates
The 23Springs tower topped out back in October, and the building should be fully complete by early summer 2025. The more than 625,000-square-foot office building is 62% leased, said Paul Bennett, Granite’s senior managing director.
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In other real estate news, the Irving chamber and Sands have been accused of a ‘backroom deal’ for former Texas Stadium land. The request was made in Dallas County Court Wednesday evening, the lawyer said.
Additionally, a $1.3 billion development is slated for McKinney. The 155-acre Long Branch development will feature apartments, a hotel, office towers, and more.
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Conclusion
In conclusion, Deloitte’s new office space in the Uptown office tower is a significant development in the Dallas real estate market. The construction of the 23Springs tower and the relocation of Deloitte’s office are expected to have a positive impact on the local economy. With the tower being 62% leased, it is clear that there is a high demand for office space in the area.
FAQs
Q: When will Deloitte begin work on its new office space?
A: Deloitte estimates it will begin work on the nearly 112,000-square-foot space in June.
Q: How much will the construction of Deloitte’s new office space cost?
A: Estimated construction costs are $35 million.
Q: What is the expected completion date of the 23Springs tower?
A: The building should be fully complete by early summer 2025.
Q: How much of the 23Springs tower is currently leased?
A: The more than 625,000-square-foot office building is 62% leased.
