Downtown Real Estate Rumblings

Dallas Arts District high-rise tower brings major tenant on board

Dallas Arts District high-rise tower brings major tenant on board

Park District rendering
Park District office tower in downtown Dallas has signed up a major office tenant. Courtesy rendering

Park District Tower, the new Arts District office tower, has signed an anchor office tenant: PwC, a typographically challenged firm that does quality assurance, tax, and advisory services.

The tower is part of the Park District, the mixed-use project that will be across the street from Klyde Warren Park. The project is from Trammell Crow Co. and Metropolitan Life Insurance, and is being built on the site of the Chase Bank drive-through at Woodall Rodgers and Pearl Street. Construction is slated to begin not in 2015 as originally forecast, but in 2016. Projected complete date is the fourth quarter of 2017.

The lucky employees of PwC will occupy floors 12 through 19 of the office building, where they can look down on the park in a kind of masters-of-the-universe way.

"Our people are our greatest asset, so it is important for our firm to provide an environment that aligns with the way our partners and staff want to live and work," says Scott Moore, PwC's managing partner, in a release.

In addition to office space, Park District Tower will feature 7,000 square feet of ground-floor retail, plus an executive lounge, fitness facility, collaborative workspaces, onsite restaurants, outdoor amenity spaces, onsite banking, and valet.

The Park District will also include a 34-story, 253-unit luxury residential tower with 13,000 square feet of retail space built by TCC's residential subsidiary, High Street Residential.

The two towers will be connected via a plaza designed by the Office of James Burnett, the landscape architecture firm that designed Klyde Warren Park.