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Real Estate - AUGUST 22, 2019

Uber’s epic Dallas lease

by Released

Westdale Real Estate Investment and Management announces Uber will move to the second planned 23-story office tower at The Epic, a mixed-use development on the east side of Downtown Dallas and adjacent to Deep Ellum. The new building will complete The Epic's vibrant eight-acre mixed-use development which currently consists of 251,000 square feet of The Epic office space; 55,000 square feet of restaurant and retail space; The Pittman Hotel, a 164-room full-service Kimpton property; and The Hamilton's 310 luxury apartment homes.

The planned second office tower will add 470,000 square feet of office space and an additional 15,000 square feet of retail space to the development. Uber will occupy approximately 450,000 square feet in the new tower, and construction of this building at Westdale's The Epic, designed by Perkins+Will, is slated to begin in fourth quarter 2019. The planned second office tower will be designed with forward-thinking details, as well as a 45,000-square-foot amenity deck that is an assemblage of meeting space, a commissary and more.

Prior to the completion of the new office tower, Uber plans on moving into the existing Epic office tower, a LEED Gold certified building, by July 2020. The company will occupy 168,000 square feet on floors 9 through 15, which will house approximately 700 employees. Uber plans on beginning tenant improvements and buildout in the new tower in second quarter 2022, with occupancy to begin in fourth quarter 2022 for an estimated 3,000 employees.

“Deep Ellum is one of the most unique, historical and diverse neighborhoods in Dallas–Fort Worth and the urban core of the area. Westdale's vision for this new side of Downtown, and specifically Deep Ellum, has come to fruition, and we look forward to welcoming Uber's more than 3,000 employees to The Epic,” said Dennis Trimarchi, managing principal at Westdale Real Estate and Management.

Owned and developed by Westdale, The Epic currently features three buildings — The Epic office tower, the historic Pittman Hotel and The Hamilton residential high-rise. The architecture of the three buildings harmonizes with the development's pedestrian-friendly and visitor details such as high walkability, green spaces, collaborative creative areas and art installations. With its premier location, The Epic serves as a gateway to the most desired districts in the city's urban core.

The existing Epic office tower offers 251,000 square feet of modern, sustainable office space. Located at 2550 Pacific Ave., the contemporary office tower is a LEED Gold certified class AA office building with innovative amenities for tomorrow's workforce.

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