Corporate Construction in Dallas: A Quick Look at the Current Boom

Explore corporate construction trends in Dallas and discover why it's leading with major Class AA office developments.

From our perspective at EB3 Construction, Dallas continues to show strong performance in corporate construction. While many cities face challenges with office development, we see Dallas experiencing steady growth. Recent reports indicate significant office-space construction underway here—an encouraging contrast with national trends.

What’s driving this momentum? In our view, Dallas has doubled down on high-end office space. Notable projects such as the Goldman Sachs campus and the large Wells Fargo campus in Uptown exemplify the city’s emphasis on premium product.

We believe this uptick in Class A development reflects Dallas’s underlying economic strength. While some metros are slowing, the city’s construction pipeline signals ambition—poised to reshape the skyline and attract major corporations. For developers and businesses evaluating their options, Dallas presents compelling opportunities.

Why Is Dallas’s Corporate Construction Market Thriving?

We observe that Dallas’s corporate construction market remains resilient, due in part to robust pre-leasing activity. While many markets face uncertainty, local developers appear to be advancing projects only after securing tenant commitments.

We’ve found that trophy assets—prime properties in sought-after locations with top-tier amenities—continue to attract tenants even amid broader challenges. The ongoing flight to quality trend is benefiting Dallas as companies seek newer environments that encourage employees back to the office.

In today’s lending climate, pre-leasing momentum is critical. Lenders are generally more willing to fund developments anchored by committed tenants. Dallas’s ability to secure pre-construction commitments helps provide a financial foundation for continued activity.

Several recent Dallas projects have announced anchor tenants prior to completion—giving developers and investors added confidence to move forward.

Even as speculative office construction slows nationally, Dallas’s focus on pre-leased, build-to-suit projects may help insulate the local market from sharper declines. Corporations continue to view the region as an attractive place to establish or expand operations, and targeted new supply could sustain construction momentum.

YearOffice Space Under Construction (sq ft)% National AverageVacancy Rate
20235.1 – 5.3 millionAbove23 – 25%
20242.8 – 3.0 millionAbove23 – 25%
20252.7 – 2.9 millionAbove24 – 26%

Disclaimer – Pricing figures are based on publicly available market data and are intended for general estimation purposes as of May 2023. They do not constitute a formal quote from EB3 Construction. Actual costs vary by project scope, location, labor rates, and material prices.

These data points suggest Dallas could be outperforming national averages in several key metrics. By aligning projects with tenant needs and emphasizing quality, the market positions itself favorably within the office sector. As companies reassess real-estate strategies, Dallas appears well situated to attract new expansions and relocations.

Who Are the Major Corporate Construction Companies in Dallas?

Dallas hosts numerous established firms specializing in corporate and commercial work. We at EB3 Construction work every day toward earning our place among the market’s leaders:

EB3 Construction: Striving for Excellence in Dallas

At EB3 Construction, we continue building our Dallas presence, bringing capabilities in projects such as:

  • Hospitals and medical facilities
  • Educational institutions
  • Performing arts centers

Our culture emphasizes ownership and accountability, which we believe translates directly into project excellence. The Dallas team draws on extensive healthcare and education experience to serve local clients.

EB3’s Comprehensive Commercial Construction Services

Our Dallas office supports a range of commercial construction needs, including:

  • Corporate offices
  • Multifamily residential
  • Education facilities
  • Healthcare buildings

We strive to combine local insight with industry best practices, underpinned by strong project-management systems.

Specialized Commercial Construction

In addition to comprehensive services, we offer specialized solutions tailored to key segments:

  • Retail & Mixed-Use – retail, office, and mixed-use projects
  • Industrial & Commercial – advanced techniques for industrial and commercial buildings

At EB3 Construction, we aim to contribute meaningfully to Dallas’s dynamic construction landscape. By leveraging technology and market knowledge, we help shape the city’s evolving skyline and business infrastructure.

As Dallas grows and attracts new enterprises, we aim to play a role in developing the spaces that support this economic expansion. Our diverse capabilities can help meet the needs of industries ranging from tech startups to established corporations.

We see Dallas’s corporate-construction scene evolving rapidly, with several trends shaping both skyline and business environment. Key factors include diversification across sectors, adoption of innovative methods, and a growing emphasis on sustainability.

Diversification Across Sectors

Construction activity now extends beyond traditional office projects. We’re seeing growth in healthcare, education, and entertainment—illustrated by the expansion of the UT Southwestern Medical Center, which underscores Dallas’s emergence as a healthcare hub.

Industrial Construction Growth

Industrial construction is also surging across the metroplex, propelled by e-commerce and distribution-network expansion.

Technological Advancements in Construction

Technologies such as 3D printing for building components—while still emerging—show potential to boost precision and reduce waste.

Sustainability at the Forefront

Green building practices have moved to center stage. The platinum-certified George W. Bush Presidential Center demonstrates how sustainable design can support healthier, more productive workplaces.

Rise of Mixed-Use Developments

Mixed-use projects that blend office, residential, retail, and entertainment are increasingly common—creating walkable communities that align with modern urban lifestyles.

Together, these trends signal a dynamic future for Dallas construction—from industrial facilities to sustainable mixed-use developments.

StatisticsValue
Total Office Construction Pipeline (2024)2.7 – 3.1 million sq ft
Share of Metro Office Inventory0.9% – 1.1%
Notable Projects’ FinancingParkside Uptown – $275 M to $305 M
Office Properties Delivered (2024)16 to 20
Total Square Feet Delivered2.6 – 3.0 million
2024 Vacancy Rate22% – 26%
Vacancy-Rate Increase YoY300 – 360 bps
Investment Volume (2024)$1.4 B to $1.6 B
Average Office Price per Sq Ft$100 to $115
Coworking Space (Jan 2025)5.0 – 5.4 million sq ft

Disclaimer – Pricing figures are based on publicly available market data and are intended for general estimation purposes as of May 2023. They do not constitute a formal quote from EB3 Construction. Actual costs vary by project scope, location, labor rates, and material prices.

What Does the Future Hold for Corporate Construction in Dallas?

Looking ahead, we see Dallas adapting through innovative approaches that could drive continued growth—despite national headwinds in the office sector.

Mixed-use environments blending office, retail, residential, and hospitality components are gaining traction, offering vibrant, walkable settings that appeal to tenants and investors alike.

Technology integration—from 3D modeling and prefabrication to robotics and data analytics—is reshaping job sites, enabling improved timelines, quality, and safety.

Industrial demand remains robust, driven by logistics and reshoring trends, particularly in suburban areas with strong transportation links.

Sustainability and wellness features are increasingly important as tenants prioritize natural light, air quality, and outdoor amenities. Adaptive-reuse opportunities—such as office-to-residential conversions—may also gain momentum.

We’re investing in training that emphasizes diversity, technology skills, and sustainable practices to prepare our workforce for the industry’s future.

Dallas’s business-friendly environment, population growth, and central location continue to attract investment. While challenges persist, we believe forward-thinking design and vibrant mixed-use projects will underpin the city’s next phase of development.

At EB3 Construction, we aim to help deliver projects that support businesses and communities alike—creating environments where people and enterprises can thrive.

Conclusion: The Resilient Future of Corporate Construction in Dallas

As we look to the coming years, Dallas stands out for its resilience and strategic growth in corporate construction. Pre-leased developments anchored by committed tenants are attracting significant investment and advancing the city’s stature as a financial hub.

Diversification—spanning modern offices, mixed-use communities, and industrial facilities—helps buffer the market against volatility. Innovation in sustainability and construction technology further reinforces Dallas’s leadership position.

Challenges such as elevated vacancy rates remain, yet the overall trajectory is positive. Dallas’s ability to secure large-scale investment amid uncertainty highlights the confidence businesses place in this market.

For investors, developers, and businesses seeking opportunity, Dallas presents a compelling proposition. To explore how your next project could benefit from the city’s dynamic landscape, contact EB3 Construction today—and let’s shape the next chapter of Dallas’s growth together.