MS · News · 20260917N
Dallas Hub Expansion
MORGAN STANLEY · 2026-09-17 · Importance 34 · Surprise 42 · In source text
Morgan Stanley is progressing plans to expand its Dallas presence, including a $3.2 million renovation of 50,000 square feet at Fountain Place for a temporary hub. The company plans to invest nearly $97 million and create 1,500 jobs in the Dallas operation. By 2031, Morgan Stanley aims to occupy 700,000 square feet in a new $1.2 billion tower in Uptown Dallas.
Key facts
- By 2031, Morgan Stanley aims to occupy 700,000 square feet in a new $1.2 billion tower in Uptown Dallas. source
- Morgan Stanley plans to create 1,500 jobs as part of its Dallas presence at Fountain Place. source
- A city building permit indicates a $3.2 million renovation of 50,000 square feet at Fountain Place for Morgan Stanley's Dallas presence. source
- Morgan Stanley plans to invest nearly $97 million in its Dallas presence at Fountain Place. source
- Morgan Stanley plans to use the downtown skyscraper at Fountain Place as a temporary hub. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| liability | negative | contingent | — | By 2031, Morgan Stanley aims to occupy 700,000 square feet in a new $1.2 billion tower in Uptown Dallas. |
| operating_income | negative | probable | — | Morgan Stanley plans to create 1,500 jobs as part of its Dallas presence at Fountain Place. |
| assets | positive | committed | — | A city building permit indicates a $3.2 million renovation of 50,000 square feet at Fountain Place for Morgan Stanley's Dallas presence. |
| cash | negative | committed | — | A city building permit indicates a $3.2 million renovation of 50,000 square feet at Fountain Place for Morgan Stanley's Dallas presence. |
| assets | positive | probable | — | Morgan Stanley plans to invest nearly $97 million in its Dallas presence at Fountain Place. |
| cash | negative | probable | — | Morgan Stanley plans to invest nearly $97 million in its Dallas presence at Fountain Place. |