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Explain this story: Morgan Stanley Commits $684M to Uptown Dallas Regional Hub
Morgan Stanley is investing $684 million to establish a regional hub in Uptown Dallas, following in the footsteps of Goldman Sachs. The firm will temporarily occupy space at Fountain Place until 2031, after which it will move into a newly constructed 700,000-square-foot tower at 2401 McKinney Ave, aiming to employ 3,800 people by 2035. This significant investment, supported by state and city incentives, cements Uptown Dallas as a prime financial services hub.
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Morgan Stanley is investing $684 million to establish a regional hub in Uptown Dallas, following in the footsteps of Goldman Sachs. The firm will temporarily occupy space at Fountain Place until 2031, after which it will move into a newly constructed 700,000-square-foot tower at 2401 McKinney Ave, aiming to employ 3,800 people by 2035. This significant investment, supported by state and city incentives, cements Uptown Dallas as a prime financial services hub.
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Published Sep 29, 2026, 11:13 ET · on this site +1h 35m