In partnership with

Stop letting busywork get in the way of selling

Researching accounts. Building lists. Writing sequences.

There's a better use of your team's time.

Apollo is the AI revenue engine that handles the busywork, so you can stay focused on selling.

Plus, everything you need is in one place:

• 230M+ verified contacts

• AI-powered outreach

• Data enrichment

• Inbound lead capture

• Meeting scheduler

• And more

Stop doing busywork and start building pipeline, faster.

With Apollo — the AI revenue engine powering 4M+ users.

Sign up for free

Uptown Dallas Adds Another Trophy Tower as Office Momentum Builds on McKinney Avenue

A new 17-story speculative office project from Stonelake Capital Partners signals renewed confidence in Uptown Dallas’ premium office corridor.

Project snapshot: Stonelake is moving ahead with a 17-story tower at 2626 McKinney Ave. that will deliver roughly 181K SF of space, including 174K SF of trophy office and about 7K SF of ground-floor retail. Construction is set to begin in July with completion targeted for early 2028, and the project is already engaging prospective tenants despite being speculative in nature.

A restart after a reset: The project replaces an earlier stalled plan that never broke ground after Stonelake acquired the site in 2021. The original $68.7M concept was ultimately shelved, and the existing structure was demolished in 2024 to clear the way for a redesigned tower with upgraded amenities and a stronger trophy-office positioning.

Financing & team: Bank OZK is providing construction financing, though deal terms were not disclosed. Brasfield & Gorrie will serve as general contractor, while HPI is leading leasing efforts as the developer looks to secure early commitments in a competitive Uptown office market where tenant demand remains selective but focused on top-tier assets.

Uptown competition: McKinney Avenue is becoming a key development corridor, with additional projects like Morgan Stanley’s potential $684M tower at 2401 McKinney adding momentum. The area continues to command some of the highest rents in Dallas-Fort Worth, supported by financial services growth and the broader “Y’all Street” narrative tied to Texas capital markets expansion.

Market context: Dallas is experiencing a split real estate trajectory, with Uptown pushing forward on high-end office development while major corporations and sports franchises shift toward suburban campuses. This dual trend highlights both the resilience of premium urban office demand and the ongoing decentralization of corporate footprints across the metro.

➥ THE TAKEAWAY

Uptown’s office bet: Despite corporate relocations and suburban expansion, developers continue to commit capital to trophy office in Uptown Dallas, signaling confidence that demand for best-in-class, experience-driven workspace will remain concentrated in core urban corridors.

➥ Dan Friedkin is negotiating with the NHL to bring an expansion team to Austin or Houston, with venues like the H-E-B Center, Toyota Center, and NRG Park under consideration.

➥ Corsair Property Co. acquired the 292,000 SF Paris Towne Center in Texas, a 96%-leased, grocery-anchored shopping center attracting 2.2M annual visits as retail investment grows.

➥ CBRE arranged financing for The Legacy, a 353,000-SF San Antonio retail center with national tenants, for its acquisition by Rio Capital Investments and Triangle Capital Group.

➥ Camp Mystic filed for Chapter 11 bankruptcy following the deadly Hill Country floods that killed 27 people, as lawsuits, investigation findings, and financial liabilities continue to mount.

➥ Fairfield Residential and KTGY opened 1010 Waugh, a 340-unit Montrose high-rise with coworking space, parking, and extensive resident amenities in Houston.

Houston’s industrial leasing hit a record first half of 2026 with more than 29M SF signed, even as vacancy rises and tenants shift toward newer, modern facilities while older space is left behind.

Share CRE Daily + Earn Rewards

You currently have 0 referrals, only 1 away from receiving Multifamily Stress Test Model.