DALLAS – November 17, 2025 – Granite Properties, a commercial real estate investment, development, and management company, and Highwoods Properties (NYSE:HIW), a publicly-traded real estate investment trust (“REIT”), announced today that Torchy’s Tacos will open an upscale, flagship location at 23Springs in summer 2026. The new prototype joins the 642,000-square-foot development, consisting of a Class AA, 26-story, office tower, two freestanding restaurant buildings (and the future homes of Elephanté and Little Ruby’s Café) and a half-acre park. Torchy’s new Uptown Dallas location brings 23Springs to 67 percent leased and the project’s retail space to 100 percent leased.
“We’re excited to welcome Torchy’s to 23Springs and thrilled to offer our customers and Uptown neighbors a popular Tex-Mex favorite for breakfast, lunch and dinner,” said Paul Bennett, Senior Managing Director, Granite Properties. “Torchy’s, Elephanté, Little Ruby’s Café, and the coffee bar in the 23Springs lobby, will create a vibrant destination for upscale and casual dining in the heart of Uptown,” he added.
Torchy’s Tacos will be located at the corner of Cedar Springs Road and Maple Avenue. It will span 2,533 square feet in a one-story building next door to Little Ruby’s Café. Featuring a patio and a view of the park, Torchy’s design will match the upscale environment of Uptown. This bellwether unit features premium finishes and an elevated interior design and buildout, including a full bar, intended to align with the sophistication of the Uptown demographic and drive appeal in high-value urban markets.
The reimagined layout incorporates Torchy’s next-generation operational and kitchen format, engineered for speed, efficiency, and elevated hospitality, while maintaining the fresh culinary quality and the creative tacos Torchy’s is known for. Menu favorites include Trailer Park Trashy, Crossroads, Chicken Fajita, Baja Shrimp as well as breakfast tacos, Taco of the Month, Green Chile Queso, and margaritas.
“The new Torchy’s Tacos at 23Springs brings our Damn Good tacos and bold flavor right into the heart of Uptown Dallas,” said Paul Macaluso, CEO of Torchy’s Tacos. “It’s a flagship in one of our most popular markets, matching the neighborhood’s energy and setting the tone for how we’ll keep growing in lively city spots. This strategic model was built for scalable growth in dense, high opportunity markets and brings our bold Torchy’s brand to life.” he added.
Torchy’s began in Austin, TX in 2006 as a food truck and a red Vespa delivery service. The brand has since expanded across 16 states. This new Dallas location is the 26th Torchy’s Tacos in Dallas Fort-Worth.
Torchy’s was represented by Jamie Streeter of Promoted Companies. Granite was represented by Elizabeth Herman Fulton, Marissa Stave and Jack Gosnell of CBRE.
About Granite Properties
Granite Properties is a privately held commercial real estate investment, development and management company founded in 1991. The firm owns 11 million square feet of high-quality office space in Dallas, Houston, Atlanta, Denver, Southern California, Boston and Nashville. Granite is an established investor, developer and manager with a focus on sustainable, highly amenitized projects. It has completed more than $10 billion in real estate transactions and more than 30 million square feet of real estate development and acquisitions. Granite focuses on creating extraordinary customer experiences through mixed-use environments, rich amenities, customer-centric service, and innovative wellness features. Granite, NAIOP’s 2022 Developer of the Year, was named one of Fortune Magazine’s Best Workplaces nine times, ranking #8 on their 2022 Best Workplaces in Real Estate list. For more information, visit: graniteprop.com.
About Highwoods Properties
Highwoods Properties, Inc., headquartered in Raleigh, is a publicly-traded (NYSE:HIW), fully-integrated office real estate investment trust (“REIT”) that owns, develops, acquires, leases and manages properties primarily in the best business districts (BBDs) of Atlanta, Charlotte, Dallas, Nashville, Orlando, Raleigh, Richmond and Tampa. Highwoods is in the work-placemaking business. We believe that by creating environments and experiences where the best and brightest can achieve together what they cannot apart, we can deliver greater value to our customers, their teammates and, in turn, our stakeholders. For more information about Highwoods, please visit our website at www.highwoods.com.
About Torchy’s Tacos
Torchy’s Tacos has grown into one of the country’s most beloved fast-casual brands, known for its chef-driven bold flavors, fresh ingredients, and an unapologetically Devilish For Your Own Good attitude. Today, Torchy’s operates restaurants across 16 states in the U.S., offering a crave-worthy menu of innovative tacos, award-winning queso, and inventive drinks. With every bite, Torchy’s stays true to its mission: to serve Damn Good tacos while creating a place where fans can gather, let loose, and live flavor to the fullest. For more information, visit www.torchystacos.com.