Goldman Sachs is putting up a sprawling new campus in downtown Dallas beside the Perot Museum, with an eye on a January 2028 debut. Plans call for city and museum views, including from outdoor areas. Inside, the layout features an auditorium, a wellness center, a fitness facility, a backup daycare, a coffee bar, and several cafeteria or cafeteria-like spots.
Outside, expect trees, shade, and a park of about an acre and a half, which crews were working on during a recent site visit. Employees will park beneath the building, and a retail space across the street is planned to add more close-by options.
Chief Administrative Officer Ericka Leslie toured the site and said the exterior is largely finished, which is needed before crews can start fitting out the interior and getting the air conditioning running. She added that there will be plenty of places to grab a coffee or meet for a quick chat: "I find people want to leave their desk, so to speak, and go to another place, but maybe they only have 30 minutes free, and they want to grab a coffee or have a conversation with people." With Dallas heat in mind, she noted the importance of flexible indoor and outdoor spaces: "There are a lot of places where you can meet up and sit down and be outside or be inside. And I think that's really important to people because it gets hot there in the summer, people don't want to have to walk around outside, it's completely air-conditioned."
The new complex will bring together staff now split between two Dallas buildings so different business units can work side by side. As Leslie put it, "We're in two buildings now, we're going to be able to combine everybody into this state-of-the-art space, and it's right next to the Perot museum, and the city itself is very vibrant. So we're looking forward to it, and we're going to grow there."
Timing wise, the company is preparing to start interior buildout soon and continues to project a January 2028 move-in. Leslie said the project is "mostly on time," with minor slippage tied to fierce competition for labor amid a broader Dallas construction surge. She also called Dallas "a great place to do business" and "a really vibrant place to do business," adding, "The building is beautiful."
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Dallas is already Goldman's second-largest U.S. location after its New York City headquarters, and leadership is leaning in. CEO David Solomon told CNBC this week that the firm's New York City headcount is "a little less than 10,000" and has not grown in about two decades, even as overall U.S. staffing has risen in markets such as Dallas and Salt Lake City. His take: "Talent plays a role in it - where is talent available - but also policy, taxes, environment."
Leslie echoed the talent theme: "We like to go to places where you can attract young talent, and New York has always been a place where people want to work when they first get out of college." On a walk along Dallas's Katy Trail, she said she saw "thousands of people - I almost couldn't make my way, I had to keep going around people," and called it "a really nice thing to see." She also expects downtown to keep densifying as more companies arrive, with more people choosing to live in the city rather than commute from the suburbs. She summed it up simply: "I think Dallas has a really bright future."
Leslie noted that Goldman Sachs was among the companies that helped launch the Texas Stock Exchange based in Dallas, and it marked the start of full operations in late July.
Goldman is consolidating its Dallas footprint into a single, high-amenity base and targeting a January 2028 move-in, even with a tight labor market nudging timelines. If you follow GS, the stock screen showed THE GOLDMAN SACHS GROUP INC. at 1,038.61, up 0.68 or 0.07%. For everyday investors, the takeaway to watch is how quickly jobs and activity tilt toward lower-cost, high-talent cities like Dallas, and what that does to productivity and long-run growth.
