Goldman Sachs’ new Dallas campus will cost $500 million

Hunt Realty Investments estimates that its new office project near downtown Dallas will cost a half billion dollars. The costs were included in filings with the state that detail plans for the huge new office development on Field Street next to Victory Park.

The 980,000-square-foot office project will house thousands of workers for New York-based financial giant Goldman Sachs.

Hunt Realty has demolished the North End apartment community on the site to make way for the project — the largest such office development in decades in Dallas.

Construction is set to start on the offices in February, according to information just filed with the Texas Department of Licensing and Regulation.

The buildings are scheduled to open in April 2026.

Dallas’ BOKA Powell is one of the architects working on the massive development.

Dallas’ city council voted in June to provide more than $18 million in economic incentives to support the new development that will house some 5,000 Goldman Sachs workers.

The financial firm plans to consolidate workers currently located in North Texas plus create future jobs in the offices, which are the first phase of an 11-acre redevelopment planned by Hunt Realty.

Goldman Sachs currently employs about 2,500 full-time permanent employees in Dallas — mostly working downtown in the Trammell Crow Center on Ross Avenue.

The Goldman Sachs buildings, which have been referred to with the code name “Project Meadow,” will kick off Hunt Realty’s mixed-use project that will include offices, residential and hotel towers and retail space just north of Woodall Rodgers Freeway. The new buildings will be constructed around a 1.5-acre park.

Goldman Sachs’ nine-story to 15-story office towers will sit on 3 acres next to a new park.

Architects Henning Larsen — founded in Copenhagen — and Hart Howerton of New York are part of the team designing the buildings.

The Goldman Sachs development is one of two huge new financial firm office projects on the way in North Texas.

Wells Fargo is planning to build a $200 million, 800,000-square-foot office campus in Irving.