Goldman Sachs Gives a First Look at its New Dallas Offices Going Up Near Downtown

September 23, 2022

Three office buildings will house almost 5,000 workers.

(Source: The Dallas Morning news)

Goldman Sachs will occupy almost 1 million square feet of offices in its new campus north of downtown Dallas.

Architects and developers working on the New York-based financial firm’s project disclosed more details about the new Dallas offices at a Friday morning design meeting at Dallas’ city hall.

Goldman Sachs will be the tenant in the first three buildings in Hunt Realty’s planned North End redevelopment on Field Street just north of Woodall Rodgers Freeway.

The nine-story to 15-story office towers will include about 960,000 square feet of space and will sit on 3 acres next to a new park.

Architects Henning Larsen — founded in Copenhagen — and Hart Howerton of New York are designing Hunt Realty’s project, which will house about 5,000 Goldman Sachs workers.

Henning Larsen’s recent North American projects include the city of Raleigh’s new civic tower, Toronto’s Etobicoke Civic Center and a new office tower in San Francisco’s Mission Rock development.

Construction will start on the Dallas project in early 2023 and will be finished in early 2026.

About 3,000 contractor employees will work on the development. Balfour Beatty is the general contractor.

Parking for the offices will be in an underground garage.

A landscaped “paseo” will connect the park to Field Street. And the offices will have “planting on building terraces and rooftops for biophilia and biodiversity,” according to the presentation to Dallas’ Urban Design Peer Review Board.

Hunt Realty has owned the development site since the mid 1990s.

“Today is an important day for Dallas as we move forward with our redevelopment of this major parcel of land at one of the key intersections in our urban core,” Hunt Realty Investment’s president Colin Fitzgibbons said in a statement. “We know that this is just the beginning of what will surely be a transformational development for our city and we are pleased and proud to be a part of such an amazing project that will bring jobs, housing and commercial businesses to Dallas.”

Dallas’ city council agreed in June to give Goldman Sachs and Dallas’ Hunt Realty more than $18 million in economic incentives to build the office project at 2323 North Field St. next to the Perot Museum.

The Goldman Sachs buildings are the first phase of a larger 11-acre mixed-use development Hunt Realty is planning on the current site of the North End Apartments next to the Perot Museum.

New office, residential, retail and hotel buildings will be constructed around a 1.5-acre central park.

Zoning for the building site allows towers as tall as almost 80 floors.

Director, Facilities management

Philip Jabour

Paralegal

Francie Harper

Analyst

Tyler Kleinert

Vice President & General Counsel

Diane Hornquist

Diane Hornquist works with the general counsel to oversee legal activities associated with various land development and operating company initiatives. Hornquist began her legal career at the Dallas office of Jackson Walker LLP in the real estate section.

Senior Vice President

Todd Watson

Senior Vice President

Mike Wallace

Mike Wallace is responsible for all aspects of Hunt Realty Investments overseeing the firm’s direct-owned real estate portfolio, operating company investments and other real estate activities. He is responsible for sourcing and structuring all new investment activity, as well as Hunt Realty’s interaction and investment relationship with other Hunt-related entities.

Throughout his career, he has been involved in investments in single-assets, real estate portfolios, distressed loan portfolios and private and publicly-traded companies including equity, preferred equity, mezzanine and participating debt investments. His experience spans a broad array of product sectors including office, multi-family, hospitality, retail, senior living, student housing, industrial, residential and land.

Prior to joining Hunt Realty, Wallace was with The Hampstead Group, a Dallas-based real estate private equity fund which invested approximately $1 billion on behalf of institutional and private investors. While at The Hampstead Group, his responsibilities included new investment opportunities in real estate portfolios, publicly-traded companies and distressed loan portfolio acquisitions as well as management of the fund’s investments. He also previously worked for EFO Realty, a real estate opportunity fund where he sourced and structured joint-venture equity investments.

CEO | Hunt Investment Holdings, LLC

Christopher W. Kleinert

Chris Kleinert is CEO and president of Hunt Consolidated Investments, LLC, and Co-CEO of its holding company, Hunt Consolidated, Inc. He is president of Hunt Realty Investments and oversees the operations of both Hunt Investment Group and Hoodoo Land and Cattle Company, as well as the financial activities of the holding company. Other business interests of Hunt Consolidated, Inc. include oil and gas exploration and production, petroleum refining, electric power generation and transmission. Kleinert’s affiliation with Hunt Consolidated began in 1996. Kleinert received an MBA with a concentration in finance from Texas Christian University and a BBA in marketing from Southern Methodist University. Prior to joining Hunt, he was employed by Texas Commerce Bank (now JPMorgan Chase) and General Mills. Kleinert serves on the Investment Committee of the Board of Trustees of Southern Methodist University and SMU’s Tate Lecture Board of Directors. He also serves on the Neeley School of Business International Board of Visitors at Texas Christian University, the Board of Trustees of the Communities Foundation of Texas, the Board of Directors of Amegy Bank -Dallas, and the Dallas Regional Chamber’s Board of Directors. Kleinert chairs the Board of Directors of the newly created Men’s Advocacy Group for New Friends New Life. In 2009, Chris and his wife, Ashlee, founded Executives in Action (EIA), a nonprofit organization that leveraged the talent and expertise of executives in transition with local charitable organizations to enhance their productivity, efficiency and overall impact. In 2016, EIA merged 4 with New York-based Catchafire, Inc. to form Catchafire North Texas and expand the number of volunteers and nonprofits that can be matched nationally.

President

Colin Fitzgibbons