Texas Is Luring Wall Street. Here's How Y'all Street Is Shaping up.

Key Points:

• Morgan Stanley plans to move employees into a 708,000-square-foot building in Dallas by 2031, investing over $587 million to house around 3,800 staff by 2035, with a commitment to hire at least 25% local Dallas residents.
• Goldman Sachs is investing $500 million in an 800,000-square-foot Dallas campus, expected to open in 2028 and accommodate over 5,000 employees, featuring extensive amenities like fitness centers, childcare, and rooftop gardens.
• Bank of America will relocate about 1,000 employees to the new Bank of America Tower at Parkside in Dallas by Q3 2027, occupying nine floors with modern amenities and aiming to establish a premier office address.
• JPMorgan Chase’s Plano campus now houses over 12,500 employees, doubling since 2017, with Dallas serving as a key global tech hub for the bank, employing more than 5,000 technologists locally.
• Major financial institutions including NYSE, Charles Schwab, Nasdaq, Citi, and fintech firm Wise are expanding or solidifying their presence in the Dallas-Fort Worth area, reflecting the region’s growing importance as a financial and tech center.