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Two Major Leases Announced in Uptown Submarket

DALLAS-KPMG will lease more than one-third of the 450,000-sf Hall Arts Project (to be developed by Hall Financial. Meanwhile, Regions bank leased 71,000 sf for its new Texas headquarters at 17Seventeen McKinney.

By Amy Wolff Sorter | Updated on April 18, 2013

DALLAS-The Uptown submarket continues to see much activity – and now, two additional leases have been announced. KPMG LLP has signed a long-term lease to take a little more than one-third of the as-yet unbuilt 450,000-square-foot Hall Arts Project, which is being developed by Hall Financial Group. And, about half a mile away, across Woodall Rogers Freeway, Regions Bank will take down 70,970 square feet at the 361,524-square-foot 17Seventeen McKinney for its new Texas headquarters.

KMPG will be the anchor tenant in the Hall Art’s project’s first building at 2323 Ross Ave. in the Arts District. Construction on the 16-story, Class AAA building is scheduled to start in September 2013, with completion planned for March 2015. KPMG plans to relocate its Dallas office to Hall Arts beginning in summer 2015. Jones Lang LaSalle International’s Carl Ewert and Stephen Holley negotiated the lease transaction on behalf of KPMG with Hall Financial Group’s Kim Vincent Butler. The building was designed by Eddie Abeyta with HKS Inc.; Turner Construction will serve as the base building general contractor.

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