What immediately stands out about 23Springs is the deliberate nature of its design.
From the X-shaped columns running through the building allowing corner offices to remain unobstructed, to the all-encompassing nature of its amenities designed to keep tenants in, the building balances form and function to deliver a product that is designed to thrive in a challenging environment for office space.
The 640,000-square-foot building is a joint venture between Granite Properties, a Dallas developer and investor, and its equity partner Highwoods Properties, a publicly traded real estate investment trust based in Raleigh.
Towering 26 stories above the corner of Cedar Springs Road and Maple Avenue, 23Springs opened this week, nestled deep in the heart of Uptown.
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The building was designed by GFF, a Dallas-based architect who put in a glass facade that is slightly convex toward the lower floors, giving the tower’s profile a slight “bump” in appearance.
The digs
Inside 23Springs, visitors are greeted by a nearly 1,250-square-foot interactive video wall. Around the corner, a staircase leads to conference and amenity floors, and nestled just behind it is an employee coffee bar.
Just outside, the property has already locked down contracts with Australian cafe Little Ruby’s and Élephante, which will serve coastal Italian fare and whose two-story restaurant will wrap construction early next year. The landlord is in negotiations with another fast-casual restaurant as well.
A look at the luxe 23Springs office building in Uptown Dallas
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There’s an outdoor conferencing area with an AV setup and a lounge.
On the second and third floors are Granite’s in-house property management offices, conference rooms, another lounge with wine lockers, a video gaming room with a floor-to-ceiling screen where tenants can play a host of virtual sports including golf, hockey and even shooting and a 4,500-square-foot fitness center.
Tenants have access to a common-area training room, as well as sound-isolated conference rooms.
“You don’t want your employees to leave, so we’ve got Wi-Fi connection all throughout, outside and inside the project,” said Granite senior managing director Paul Bennett. “People can work outside in the lobby, then come up to the lounge. It gets people out of their space so they can go to other places within the building and work or have offshoot meetings.”
Micro-markets
The proof of its desirability is in the proverbial pudding — last quarter, nearly 75% of the 2.7 million square feet of office construction in the metro was in Uptown.
Granite Properties senior managing director Paul Bennett, right, and Granite senior director of development Aaron Bidne pose for a portrait on one of the open staircases in their new office tower in Uptown, located at 2323 Cedar Springs at Maple Avenue in Dallas, on August 12, 2025.
Steve Hamm / Special Contributor
Experts have previously told The Dallas Morning News that’s because the neighborhood is easily navigable on foot and boasts a diverse mix of residences. It has options for dining, retail and entertainment — all highly desirable amenities for the modern corporate tenant.
The building itself was designed to work harmoniously with those amenities, offering the necessities expected of an office building as well as added creature comforts.
“You’re looking to enhance the employer’s ability to attract top talent,” said Aaron Bidne, senior director of development with Granite Properties. “You look at all the companies that just migrated to Uptown: consulting firms, accounting firms, wealth management, finance — all those companies are looking for top talent.”
And that strategy seems to be working. With the protective plastic film yet unpeeled on the property, 23Springs is already at 63% capacity, with more tenants currently sitting at the negotiating table, though Granite declined to specify details.
Bank OZK, the lender on the project, was also its lead tenant. The Arkansas bank signed a 110,000-square-foot lease at 23Springs for what is now its Dallas hub.
Big Four accounting firm Deloitte also put ink to paper on a similarly sized lease, and law firm Sidley Austin is expanding out of its current space at McKinney & Olive, another Granite property, to 23Springs.
“Sidley is a neat story because we also own McKinney & Olive with Highwood,” Bennett said. “Sidley occupied the top of that building and the top of this building. They needed to expand, but we were 99% leased there so they couldn’t get a bigger footprint.”
Because Highwood was the equity partner on both projects, Bennett said it made moving the firm more seamless, adding there is already interest in the space it’s vacating.
But when searching for development opportunities, Bennett said Granite isn’t satisfied with simply being in Uptown. The group is focused on micro-markets within the neighborhood that will give it a competitive edge.
The parcel 23Springs is built on, for instance, housed a near-full office complex before Granite made the decision to slowly unspool its tenant rolls and build a super-luxury speculative office tower in its stead.
More to come?
It isn’t just the tenants on the building’s upper floors who will be breathing rarefied air. With new development heavily constricted by a tight lending market and niche demand, Granite is among a small handful of developers that have been able to get significant office projects off the ground in the last few years.
“I would venture to guess that if we hadn’t started when we did and delayed much longer, it would have been tough to kick this project off — and you’re kind of seeing that now because nobody else is doing a project like this,” Bidne said.
While demand for limited office space Uptown has driven up rental rates, Bennett said broader economic headwinds did not have a pronounced impact on 23Springs’ success and that locking in financing before interest rates climbed in 2022 meant the developer did not have to moderate the rental rates it planned to charge.
With shrinking availability for trophy assets like 23Springs, Bennett and Bidne believe rental rates in Uptown will continue to climb, spilling over into Class A assets and fomenting even more demand for office projects in the neighborhood.