MS · News · 20260806N
Dallas Hub Expansion
MORGAN STANLEY · 2026-08-06 · Importance 58 · Surprise 42 · In source text
Morgan Stanley plans to invest more than $1.3 billion in a new 700,000-square-foot Uptown Dallas tower targeted for completion by 2031. The company will initially occupy temporary space at Fountain Place after receiving approval for related signage. The Dallas City Council previously approved an $18.5 million incentive package, and the project is expected to create 3,800 jobs.
Key facts
- Morgan Stanley plans to invest over $1.3 billion in its Dallas hub and create 3,800 jobs. source
- Morgan Stanley plans to initially occupy space at Fountain Place before moving into a new 700,000-square-foot Uptown tower by 2031. source
- The Dallas City Council approved an $18.5 million incentive package related to Morgan Stanley's Dallas hub plans. source
- The city's planning body approved signage for Morgan Stanley's temporary base at Fountain Place. source
- A professional services company based in Frisco was sold for $30 million. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| assets | positive | probable | — | Morgan Stanley plans to invest over $1.3 billion in its Dallas hub and create 3,800 jobs. |
| cash | negative | probable | — | Morgan Stanley plans to invest over $1.3 billion in its Dallas hub and create 3,800 jobs. |
| cash | positive | committed | — | The Dallas City Council approved an $18.5 million incentive package related to Morgan Stanley's Dallas hub plans. |