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$70M Redo Will Give New Life to Tower » Dallas Innovates

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Fountain Place " /> The Fountain Place lobby will become more open, bright, and airy. [Rendering Courtesy Cushman & Wakefield] From  Fountain Place on west to Trammell Crow Center on the east, things are looking up for office towers along Ross Avenue in downtown Dallas. The 60- story Fountain Place building is getting a $70 million “re-invention,” which helped secure renewals of several major tenants of more than 500,000 square feet of office space . Fountain Place " width="200" height="300" /> Fountain Place is getting a $70 million renovation in downtown Dallas. [Photo Courtesy Cushman & Wakefield] Nearby, Chicago- based AMLI Residential has begun work on an adjacent 45-story high- rise residential tower at Field Street and Munger Avenue, and just up the street, Trammell Crow Center has begun a $135 million renovation and construction project. The Fountain Place makeover by owner Goddard Investment Group includes office tower enh...

Massive Renovation Helps Fountain Place Secure 500,000 SF in Renewals

May 25, 2017— A number of major renovation projects are in the works along Ross Avenue in downtown Dallas . Arguably the most significant is the redevelopment of Fountain Place , where owner Goddard Investment Group was the first to kick off activity in this cycle. The $ 70 million renovation includes office tower enhancements and a new 10-story garage with four plaza- level restaurants at its base. Additionally, AMLI Residential is developing a stunning new 45-story, luxury apartment high -rise at the corner of Field Street and Munger Avenue. The redevelopment of Fountain Place has been a key factor in securing renewals from five major office tenants . The latest to recommit is Bracewell LLP , whic¬h recently extended its lease for nearly 40,000 square feet. This follows renewals from Wells Fargo (123,650 square feet) and Gerald Ray (11,500 square feet) earlier this year. The first two big tenants to recommit were Tenet Healthcare (240,000 square feet) and Hunton & Williams...