Bank OZK — one of the companies reportedly planning to move into 23Springs — will spend an estimated $20 million to improve office space on several floors of the luxury tower.
According to a state filing, the project involves 108,000 square feet on levels 15 through 18. Construction is scheduled to begin in November, and the project has an anticipated delivery date of June 1, 2025.
The 26-floor office tower on Cedar Springs Road will encompass 625,000 square feet and include a fitness studio, upscale customer lounge with a golf simulator, neighborhood park, restaurant space, and six levels of underground parking, The Dallas Express has reported.
“Surrounded by scores of dining and living offerings, 23Springs is located in the dynamic — and walkable — heart of Uptown,” according to the building’s website. “This remarkable address provides enviable accessibility to the adjacent Central Business District as well as cultural and entertainment corridors, including the Dallas Arts District, Victory Park, the West End, Deep Ellum, and the Design District. Minutes from the Dallas North Tollway and North Central Expressway, 23Springs places patrons just a short drive from sophisticated residential communities and the Dallas Love Field airport.”
23Springs is owned by Granite Properties and Highwood Properties. Based in Arkansas, Bank OZK’s current home is on Fort Worth Avenue in South Dallas.
Meanwhile, Deloitte plans to leave the Arts District Tower for 23Springs by 2026, leasing more than 100,000 square feet of office space on four floors of the new building, The Dallas Morning News reported. Deloitte is the second major company leaving what was known as the Chase Tower, according to the newspaper. Its namesake tenant, JPMorgan Chase, recently moved to the Hunt Consolidated building.
