Dallas Business Journal: Bank of America makes big move to Sundance Square tower in Fort Worth
By: CANDACE CARLISLE
Bank of America is continuing its North Texas expansion, with a move to an office tower in Fort Worth’s Sundance Square — which will be renamed the Bank of America Tower in Sundance Square.
The financial services giant signed a lease for about 68,000 square feet of space, which will house about 180 employees. The location at Sundance Square — much like its expansion to The Star in Frisco— will help support Bank of America’s overall growth strategy and improving office utilization in the region.
In addition to the office space, Bank of America will have a 4,000-square-foot financial center on the first floor of the building, which is slated for completion next year.
“Fort Worth is an important growth market for Bank of America,” said Fort Worth Market President Mike Pavell, in a statement.
“We are pleased to be the anchor tenant at the tower, giving us the opportunity to co-locate our Merrill Lynch, U.S. Trust, Business Banking, Global Banking & Markets and Retail teams so they can have stronger collaboration in better serving our clients while ensuring responsible growth to our company,” he added.
The renaming of the 38-story building at 301 Commerce St. is expected by this summer. Merrill Lynch, which currently sits in an adjacent office building at Sundance Square, will move into Bank of America Tower soon.
New York-based David Schwarz Architects, along with architect-of-record Dallas-based BOKA Powell, is designing the ground-floor retail space to help match the architecture of the Paul Rudolph City Center towers, which were built in 1983.