A landmark skyscraper in Downtown Dallas is set to get a $5 million makeover.
Goddard Investment Group, a real estate management firm based in Atlanta with a regional office in Dallas, plans to renovate the Fountain Place tower on Ross Avenue with top-of-the-line amenities and a pickleball court, The Dallas Morning News reported.
Fountain Place tower is a 1.2 million-square-foot office high-rise that has been one of Downtown Dallas’ most recognizable landmarks since it was built in the 1980s. The skyscraper is the fifth-tallest building in Dallas and easily stands out for its iconic design and green-glass façade, according to the Council on Tall Buildings and Urban Habitat.
Renovations will include the addition of a 14,000-square-foot tenant lounge and club that feature state-of-the-art golf simulators, a hunting simulator, and a must-have pickleball court.
Pickleball is a popular paddle sport that combines elements of tennis, badminton, and ping-pong into a fun and engaging activity for players of all ages. The recreational sport has seen a surge in popularity in recent years and is among the latest attempts by businesses to lure workers back to the office.
A whopping 77% of Fountain Place is currently unleased, a vacancy rate Goddard Investment Group’s $5 million renovation project is intended to improve upon.
Goddard said adding a pickleball court and other in-demand amenities will help revitalize the office building to better attract new tenants.
Other local buildings that have constructed pickleball courts for tenants include the Santander Tower on Elm Street, the Cypress Waters development northwest of Dallas, and The Farm in Allen, DMN reported.
Renovations on the downtown skyscraper, scheduled to begin in August, will mark the 62-story tower’s first major remodel since Goddard added a garage, ground-floor retail space, a restaurant, and an outdoor plaza in 2019. The property was initially purchased by Goddard for $200 million in 2014.
The building’s upcoming renovations were designed by Atlanta-based architecture firm Phillips, per DMN.
