Goldman Sachs Dallas Campus at NorthEnd

No natural gas service. None, in 800,000 square feet of Texas office space.

The Goldman Sachs campus at NorthEnd is designed to run fully electric and on renewable power, which makes it one of the larger tests of commercial electrification inside ERCOT territory. Two wings, the taller rising 14 stories, sit on an 11-acre mixed-use site next to Victory Park. The structure topped out in November 2025 with the exterior essentially complete, which puts interiors on the critical path to a late-2027 opening.

The numbers moved along the way. What began as a $500 million-plus estimate was reported at $709 million when the building topped out, and $209 million of that total is interior finish-out alone.

Project Scope

Hunt Realty Investments owns the building and Ross Perot Jr.’s Hillwood Urban is co-developer. Henning Larsen’s New York office is design architect, Balfour Beatty Construction is general contractor, and JPMorgan Chase provided a $513.9 million construction loan.

Three interiors firms are splitting the fit-out: Texas-based Rottet Studio, Skidmore, Owings & Merrill, and Corgan. That’s an unusual arrangement for one client’s tenant work, and it puts real weight on standards coordination across the package.

The campus is sized for more than 5,000 employees, up from roughly 4,000 Goldman staff currently across Dallas-Fort Worth, which would make Dallas the firm’s largest U.S. office outside New York. Program includes an on-site cafe, fitness center, backup childcare, conference space, underground parking, and roof gardens and terraces. The building fronts a new 1.5-acre urban park delivered under the NorthEnd masterplan. The team is targeting LEED and WELL certification.

Why It Matters

An all-electric high-rise office campus of this size in Texas is an MEP argument as much as a design one. Anyone underwriting electrification on large commercial buildings will want the load profile, the redundancy strategy, and operating data once the building runs. Those answers aren’t published yet.

The cost curve is the other lesson. A project that opened at $500 million-plus and landed at $709 million, with fit-out alone at $209 million, tracks what estimators have been seeing since 2022: the shell behaves and the interiors don’t. Trophy corporate campuses are where that gap shows up first, because the finish schedule is written by the tenant rather than the market.

For Dallas, the building anchors NorthEnd, an 11-acre Hunt Realty and Hillwood redevelopment at the edge of Victory Park. The wider site is slated to finish in 2028.

Project Team & Details