December 18 2015
Weaver, the largest independent accounting firm in the Southwest, today announced the firm will move its Dallas office to approximately 58,000 square feet and two floors in The Union Dallas, RED Development’s mixed-use project in Uptown. Located at Field Street and Cedar Springs Road, The Union is a new office, residential and retail project that will total approximately 800,000 square feet and is scheduled to open in 2017. Scott Morse and Scott Jessen with Citadel Partners represented Weaver, and John Brownlee and Sarah Hinkley with Peloton Commercial Real Estate represented the landlord, along with Paul Rowsey of RED Development in lease negotiations.
Weaver will move from their current Park Central location to Dallas’ burgeoning Uptown area in 2018. Serving as a connection point for many of Dallas’ most vibrant business, residential and entertainment districts, The Union will offer premier amenities to the 200 plus staff members expected to move into the new space (based on the firm’s growth projections over the next three years).
“Moving our Dallas office to this prime location will support and facilitate Weaver’s growth opportunities, increase our brand recognition and enhance our recruiting efforts,” said John Mackel, Weaver’s managing partner and CEO. “The Union is the ideal location because it’s close in proximity to many of our existing clients and referral relationships, particularly hedge and private equity funds. We also anticipate The Union to be a destination of choice for the Dallas business community, as well as a desired entertainment and residential location that can be enjoyed by our employees.”
“We look forward to welcoming a premier accounting firm like Weaver to The Union,” said Mike Ebert, managing partner, RED Development. “Since 1950 when they opened their first office in Fort Worth, Weaver has demonstrated their commitment to the North Texas business community and to providing high-quality, customized services to their clients. We are excited to welcome Weaver as one of the initial office tenants to the building.”
The Union’s innovative architecture, myriad of on-site amenities and dynamic location offers a unique campus to the area surrounded by Dallas’ premier sports, entertainment, museum and outdoor park venues. With sweeping views of the city, the 417,000 square-foot office tower boasts 22-stories combined with 87,000 square feet of retail space and a 309-unit high-rise apartment building.
“We are excited to have participated with Weaver in their decision to relocate to The Union,” said Scott Morse, managing partner at Citadel Partners. “The move is consistent with their growth and branding initiatives, and we believe the relocation to The Union will prove to be a smart business decision.”
RED Development, the project developer with a corporate office location in Dallas, announced The Union in May 2014 and is also leading the design and construction for the project. The typical floor plans for the striking office tower include 10-foot finished ceilings and floor-to-ceiling vision glass offering panoramic views of Uptown, Downtown, the Arts District, Klyde Warren Park and the Margaret Hunt Hill Bridge.
The project’s amenities include a 60,000 square foot Tom Thumb grocery store on the ground floor to provide convenient on-site grocery shopping plus dining options wrapping around the ground level ranging from white tablecloth to fast-casual.
Founded in 1950, Weaver currently has 500+ employees and offices in eight cities across the United States. Weaver is ranked the largest independent accounting firm in the Southwest by Accounting Today magazine. The firm is also ranked the 38th largest firm in the United States and a ‘2015 Best of the Best Firm to Watch’ by INSIDE Public Accounting.
Weaver serves a broad range of clients including public and private national and international companies, nonprofit organizations and government entities. In addition to traditional assurance and tax services, Weaver also provides numerous advisory services, including risk advisory, transaction advisory, IT advisory, energy compliance and consulting, forensics and litigation, international tax, property tax, state and local tax, and wealth strategies services. Learn more at www.weaver.com.
About The Union Dallas
Project plans for The Union Dallas include an office tower above retail and a residential tower, restaurants, an amenity deck and parking. Overall, the project is being designed to connect the many elements of nearby Dallas neighborhoods, with an energetic, 24/7 mix of uses in a sustainable, distinctive setting that features an engaging, open-air central plaza. For more information, visit www.theuniondallas.com.
About RED Development
A privately held, wholly integrated commercial real estate company based in Phoenix with corporate offices located in Dallas, TX and Overland Park, KS, RED maximizes asset value and performance for its high-quality retail and mixed-use portfolio that comprises 34 properties totaling 17 million square feet in 11 states. Celebrating its 20th anniversary in 2015, RED is well known for developing the large-scale CityScape project in Phoenix, a new office, hotel, residential and entertainment destination that has re-energized the city’s downtown adjacent to professional sports venues including Chase Field and US Airways Center. For more information, visit www.reddevelopment.com.