Crow Holdings announced on Mar. 19 plans to expand its Old Parkland East office campus in Dallas, with construction potentially starting as early as this fall. The proposed second phase would add about 250,000 square feet of office space across three buildings on a 2.5-acre site east of the current campus, with completion targeted for early 2029.
The expansion reflects ongoing demand for high-end office space in Uptown Dallas, even as other parts of the local office market face challenges. Crow Holdings Development’s Cody Armbrister said the first phase is nearly fully leased and that the campus is “just about out of space.”
Plans for the new development include three low-rise office buildings, four levels of underground parking, and a central signature structure anchoring the project. The site is bordered by Fairmount Street, Shelby Avenue, Reagan Street, and Maple Avenue. This addition continues two decades of investment around the original 1913 Parkland Hospital building, which serves as Crow Holdings’ headquarters.
The same design and construction teams from the first phase—Craig Hamilton Architects from Wales and The Beck Group—will return for this project. Armbrister said the expansion will be a natural continuation of the existing campus but will introduce a new thematic element that has not yet been revealed.
Old Parkland has traditionally attracted family offices, private equity firms, and other capital-heavy tenants seeking privacy and prestige rather than scale. This focus has helped it avoid some difficulties seen elsewhere in Dallas-Fort Worth’s office sector. The New York Stock Exchange’s Texas outpost is also set to occupy space at Old Parkland East.
Observers note that Old Parkland’s continued growth highlights Texas’ increasing role as a financial hub.
