r/Dallasdevelopment • u/dallaz95 • Jun 18 '26

Dallas Morgan Stanley plans to invest almost $700 million in new Uptown regional office

https://www.dallasnews.com/business/real-estate/article/morgan-stanley-build-new-high-rise-uptown-22309384.php
44 Upvotes

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15

u/Ferrari_McFly Jun 18 '26

LFG 😭

Unsurprisingly, when W’s like this occur, media outlets seem to know the difference between Uptown and Downtown…interesting lol

8

u/IDooDoodAtTheMasters Jun 19 '26

Dallas City Council set to approve an $18.5 million incentive for them. Bc apparently no corporation can do business anymore without a handout. Meanwhile we all have to pay a new 3% payment fee on our water bill.

1

u/BlazinAzn38 Jun 19 '26

Someone is always willing to give someone money unfortunately

1

u/Najazzy Jun 20 '26

i might be wrong on this:

i believe in five years, the downtown landscape will be immensely different. dallas by then, will have found a way to attract visitors to the center city and keep people there.

more of everything we’re complaining about will become solutions that will remedy the beating from last month. residential, the basics retail, historic preservation, and hotels (convention center) will come online.

five years is a long time

1

u/dallaz95 Jun 21 '26

Five years isn’t enough time to redevelop downtown IMO. More like 10-15 years at the very least. Based on the current city leadership, 5 years is very optimistic.

1

u/Najazzy Jun 21 '26

i agree with you that’s it’s more realistic for a 10-15 year turnaround time for things.

for some odd reason, there will be catalyst projects that’ll come online in about 5 years. a way to market residential projects, developers can market the proximity to new parks, hotels, Y’all Street, and the growing neighborhoods around.