Colliers has announced the launch of leasing and marketing efforts for the comprehensive redevelopment of Radiance Plaza, a boutique office property located at 1301 Young St., immediately adjacent to the AT&T Discovery District. The building has a large contiguous vacancy of 107,463 rentable square feet, including a rare, oversized floor plate of 55,182 rentable square feet and parking of up to 3:1000. Building signage and naming rights are available for the property.
“We are thrilled to lead the marketing of this iconic asset,” said Colliers Executive Vice President Sara Terry. “With its incomparable Downtown Dallas location between the AT&T Discovery District – which had more than 2.7 million visitors in 2021 – and Dallas City Hall, Radiance Plaza has the potential to attract a diverse range of businesses as long-term tenants,” Terry continued. “The surrounding neighborhood has dramatically transformed over the past two years. We expect Radiance Plaza to generate exceptional interest from tenants seeking an unparalleled, amenity-rich destination with phenomenal access in the heart of the CBD.”
Originally developed as a corporate headquarters, then leased for more than 20 years by federal agencies, this is the first time in its history that Radiance Plaza is available for lease by the broader market. With the opening of the AT&T Discovery District to the north and the planned expansion and redevelopment of the Dallas Convention Center to the south, there is substantial positive momentum to capitalize on. As further planned development occurs up to I-30 and across to the Cedars, Radiance Plaza sits at the nexus of Dallas’ new urban core.
Renovation plans for Radiance Plaza include a redesigned grand lobby featuring a 12-story glass atrium with sweeping views of the adjacent 11.8 acres of city parks, highly sought amenities including an extensively landscaped outdoor plaza, a state-of-the-art conference center, well-appointed tenant lounge space, rooftop lounge and updated common areas and restrooms throughout.