Goldman Sachs Plans Office Tower in Dallas for 5,000 Workers
- City council approves $18 million in incentives for project
- Bank has been expanding beyond Manhattan to cheaper locales
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Goldman Sachs Group Inc. plans to occupy a new office tower in Dallas that would hold thousands of employees, part of the bank’s expansion beyond its Manhattan base.
The bank intends to lease a minimum of 800,000 square feet (74,000 square meters) of space in a property that will be built by Hunt Realty, according to Dallas city documents. Goldman and the developer are investing roughly $500 million in the project, on several acres at 2323 N. Field St.