Redevelopment efforts for boutique office building in Dallas underway next to AT&T Discovery District
Dallas, TX. – July 6, 2022 – Colliers is pleased to announce the launch of leasing and marketing efforts for the comprehensive redevelopment of Radiance Plaza, a boutique office property located at 1301 Young Street, immediately adjacent to the AT&T Discovery District. The building has a large contiguous vacancy of 107,463 RSF, including a rare oversized floor plate of 55,182 RSF and parking of up to 3:1000. Building signage and naming rights are available for the property.
“We are thrilled to lead the marketing of this iconic asset,” said Sara Terry, executive vice president at Colliers. “With its incomparable Downtown Dallas location between the AT&T Discovery District – which had more than 2.7 million visitors in 2021 – and Dallas City Hall, Radiance Plaza has the potential to attract a diverse range of businesses as long-term tenants,” Terry continued. “The surrounding neighborhood has dramatically transformed over the past two years. We expect Radiance Plaza to generate exceptional interest from tenants seeking an unparalleled, amenity-rich destination with phenomenal access in the heart of the CBD.”
Originally developed as a corporate headquarters, then leased for more than 20 years by federal agencies, this is the first time in its’ history that Radiance Plaza is available for lease by the broader market. With the opening of the AT&T Discovery District to the north and the planned expansion and redevelopment of the Dallas Convention Center to the south, there is substantial positive momentum to capitalize on. As further planned development occurs up to I-30 and across to the Cedars, Radiance Plaza sits at the nexus of Dallas’ new urban core.
Renovation plans for Radiance Plaza include a redesigned grand lobby featuring a 12-story glass atrium with sweeping views of the adjacent 11.8 acres of city parks, highly sought amenities including an extensively landscaped outdoor plaza, a state-of-the-art conference center, well-appointed tenant lounge space, rooftop lounge and updated common areas and restrooms throughout.
“As employers look for meaningful ways to attract their colleagues back to the office, they seek buildings that offer a full array of on-site amenities and highly walkable locations. Radiance Plaza checks all of these boxes,” said Reegan Busby, senior associate at Colliers.
Read the full article in The Dallas Morning News
Media Contacts:
Ashley Jeanes
PR & Communications Specialist | Southwest
ashley.jeanes@colliers.com
214-706-6053
