Leasing Activity Prompts Crow Holdings To Grow Old Parkland East
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The Uptown success story just keeps on racking up wins, the latest being the likely expansion of the Old Parkland office campus’s newest addition.
Just last week, Crow Holdings’ senior managing director for office development revealed that a second phase to Old Parkland East is now in the works, with project filings incoming.
“If we have city approval, we will move in a swift manner,” Cody Armbrister told The Dallas Morning News, noting that the firm has just about leased all the available space at the property.
Home to a variety of private equity firms, hedge funds, charities, and investment banks, Old Parkland is one of the city’s premier office parks. Y’all Street even put a flag down there, with the New York Stock Exchange Texas leasing 28,000 square feet of space at Old Parkland East.
Old Parkland was redeveloped from a hospital campus into an office park by Crow Holdings, which keeps its headquarters there. The property is a designated city landmark. First built in 1913, it’s known for its Classical Revival style and is one of the oldest public hospital campuses still in existence. With additions over the years, the campus now spans more than 9.5 acres.
The latest addition was Old Parkland East, comprising 286,000 square feet of space across three classical-style office buildings ranging from five to eight stories. A fourth building called The Orangery was added to provide fast casual and formal dining options for campus tenants. Old Parkland East is hemmed in by Maple Avenue, Throckmorton Street, Fairmount Street, and Reagan Street.
Phase two would be built on the adjacent 2.5-acre block between Reagan and Shelby Street. Armbrister told DMN that early plans would see 250,000 square feet of space realized across as many as three buildings, along with four levels of underground parking and a “specialty/signature” construction in the block’s central plaza space.
The expansion would mark another step forward for Uptown, which has rapidly become a very desirable neighborhood for new high-end office and mixed-use development.
“We’ve really focused on making sure that we are the premier live-work-play neighborhood in Dallas, and I think that businesses see that and are attracted to what we have to offer,” Uptown Dallas, Inc. executive director Kelem Butts previously told CandysDirt.com.
That work is apparently paying off, with Armbrister saying that professionals in the commercial real estate space consider Uptown “on fire from a need for really differentiated, dynamic office environments.”
Some of that demand has been coming from the central business district, which has been hurting from the flight-to-quality trend animating a lot of leasing activity in the D-FW. Downtown Dallas ended 2025 on a sour note, clocking the second-highest vacancy rate out of all the major city centers in the country. Meanwhile, Uptown is becoming the destination for both condos and cubicles.
Armbrister told DMN that Crow Holdings could start on the expansion of Old Parkland East as soon as the fall, with a possible completion date in early 2029. Craig Hamilton Architects and The Beck Group, the same team that designed what is now phase one, will carry their work forward with the expansion.
