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Radiance Plaza Renovations Set to Reimagine Downtown

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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

 


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Radiance Plaza Renovations Set to Reimagine Downtown

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Sara Terry

Executive Vice President

Dallas

Sara Terry is an Executive Vice President and Director for the Office Agency Leasing group at Colliers International’s Dallas-Fort Worth office. Sara brings 25 years of experience in commercial real estate, with a focus on institutional grade Class AA office. Her extensive and diverse background ranges from property management, to construction management and landlord representation, which provides an advantage to her clients, as she offers a unique perspective and creative approach to problem solving.

Prior to joining Colliers, Sara spent most of her early career in Atlanta, working for Charlotte-based developer, Crescent Resources. At Crescent, she was responsible for leasing their 2.5 million square foot Atlanta portfolio, and completed several corporate relocations on behalf of the owner. Sara relocated to Dallas, Texas, in 2014, and joined Stream Realty, where she consistently ranked in the top 10% of producers nationwide and represented institutional owners for the leasing of several high profile Class A office buildings, including the repositioning and renovation of one of Dallas’ most iconic office towers, Trammell Crow Center.

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Reegan Busby

Associate Vice President

Dallas

Reegan Busby is a Senior Associate within Colliers’ Agency Leasing team where she specializes in strategic marketing and office leasing for institutional landlords throughout the DFW metroplex. Prior to being recruited over to help build the agency leasing platform at Colliers’ Dallas office, Ms. Busby spent 6 years representing a wide array of tenants from healthcare to financial institutions. With this she brings a unique experience to the agency leasing team on tenant perspective and a proactive approach to filling vacancy.

Prior to joining Colliers, Reegan worked in Los Angeles as an orthopedic medical device representative for Johnson & Johnson and ConMed Linvatec. Her role was to verify orthopedic implants, and help guide surgeons and staff through the surgery in the operating room. She was awarded various company accolades, including Presidents Cup, placing her in the top 3% of sales.

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