DALLAS – September 26, 2022 – Granite Properties, a commercial real estate investment, development, and management company, today announced the topping out of Granite Place II at Southlake Town Square. in Southlake, TX The Class-AA, 5-story, 143,500 square feet office building is the second phase of Granite’s Southlake Town Square development. It is being built adjacent to Granite Place I, which is 100 percent leased.
“Granite is excited to reach this major milestone and see Granite Place II come to life,” said Will Hendrickson, Senior Managing Director, Granite Properties. “Granite Place II will offer customers a Class-AA workspace steps from Southlake Town Square’s numerous amenities. The building continues to see strong interest from prospective customers,” he added.
General contractor, DPR Construction, kicked off construction on Granite Place II in May 2022. They are on schedule to deliver the building in Q1 2023.
“DPR Construction is proud to celebrate this milestone alongside our partners Granite Properties and Corgan,” said Logan Wilhide, Project Manager, DPR Construction. “Most importantly, we recognize the efforts by all of our trade partners and DPR self-perform crews, without which we could not deliver this building to the Southlake community.”
The modern building is designed by Corgan.
“Corgan is proud to partner with Granite and DPR to design Granite Place II and help fill the demand for additional office space in Southlake. The design of the building incorporates a modern aesthetic integrating the Southlake vernacular and visually connecting with Granite Place I,” said Joe Haver, Principal, Corgan.
Granite Place II will provide amenities designed for the modern workforce, inclusive of:
- Outdoor work and meeting space
- Corporate living room
- Fitness center
- Grab-and-go food service
- Floor to ceiling windows
- Touch free entry doors and touch free fixtures in restrooms
- Clean air technology in the building’s HVAC system
- Covered parking
- Designed to achieve LEED and Fitwel certifications
Upon completion, Granite will also deliver Ready Suites ranging from 1,900 – 3,300 square feet. Ready Suites are Granite’s move-in ready workspaces available for a short-term (1-5 years). The suites are built out and offer full access to Granite Place II amenities.
Located at 601 State Street, Granite Place II provides direct ingress/egress to East Highway 114. The office building is at Southlake Town Square, offering more than 120 shops, dozens of restaurants, luxury townhomes and condominiums, a Hilton hotel, and EVO Entertainment.
N5B Capital is Granite’s joint venture equity partner for Granite Place II, and will relocate their headquarters to the building. Granite’s leasing team Robert Jimenez, Burson Holman and Elizabeth Fortado, is leasing Granite Place II.
About Granite Properties
Granite Properties is a privately held commercial real estate investment, development and management company founded in 1991. The firm owns 11.5 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 $8 billion in real estate transactions and more than 29 million square feet of real estate development and acquisitions. Current active development projects in Atlanta, Boston, and Dallas total over 2 million square feet with total costs over $1.5 billion. Granite focuses on creating extraordinary customer experiences through mixed-use environments, rich amenities, customer-centric service, and innovative wellness features. Granite is NAIOP’s 2022 Developer of the Year, and has been named a Fortune Magazine Great Place to Work for nine consecutive years. For more information, visit: graniteprop.com.
About DPR Construction
DPR Construction is a forward-thinking, self-performing general contractor and construction manager specializing in technically complex and sustainable projects for the advanced technology, life sciences, healthcare, higher education and commercial markets. DPR’s portfolio of work ranges from large-scale new construction to small tenant improvements and special projects. Founded in 1990, DPR is a great story of entrepreneurial success as a private, employee-owned company that has grown to a multi-billion-dollar organization with offices around the world. Strategically focused on delivering more predictable outcomes through applications of virtual design & construction, prefabrication, its corps of self-perform craft, and leveraging data to learn and improve from DPR consistently ranks among the top building contractors and employs approximately 10,000 professionals across its family of companies. For more information, visit http://www.dpr.com.