The Texas Stock Exchange is closing in on a permanent headquarters — and one contender would plant the upstart trading market in the tallest tower planned for Uptown Dallas.
The Dallas-based exchange is considering several sites for its future home, including the Bank of America Tower at Parkside, according to the Dallas Morning News. The 30-story building, still under construction near Klyde Warren Park, would become Uptown’s tallest tower once completed.
The exchange, announced in 2024, quickly amassed heavyweight financial backing as it positioned itself as a challenger to Wall Street’s Nasdaq and New York Stock Exchange, according to the outlet. Initial funding of more than $100 million from firms including BlackRock, Citadel Securities and Charles Schwab has since swelled to roughly $275 million with additional investments from Goldman Sachs, Bank of America and others.
The U.S. Securities and Exchange Commission approved the Texas Stock Exchange last fall, clearing the way for the company to launch its trading platform later this year. Listings for exchange-traded products are expected in 2026, with corporate listings planned afterward.
Currently, the company operates out of a temporary headquarters in Dallas’ Knox-Henderson neighborhood. Its long-term vision, however, centers on a flagship home known as the Texas Market Center, according to the publication.
Plans for the center include executive offices, a Texas business museum and a broadcast studio that would host the exchange’s opening and closing trading ceremonies — a symbolic feature meant to rival the pageantry associated with the New York Stock Exchange.
Exactly where the Texas Market Center will land has been a closely watched question in Dallas real estate circles. Earlier advertising campaigns and renderings hinted the project could land near Victory Park or in the Uptown area, fueling speculation about how the exchange could shape the city’s evolving financial district.
The Bank of America Tower at Parkside would put the exchange squarely in the middle of that emerging hub. The project is being developed by KDC, with Dallas-based Pacific Elm Properties, the Miyama Family and Sixth Street Capital among the ownership group. Bank of America has already signed on as anchor tenant, taking more than 238,000 square feet across floors 19 through 27.
Construction on the tower at 1919 Woodall Rodgers Freeway is expected to wrap in March 2027.
The area around Klyde Warren Park is quickly becoming Dallas’ financial nucleus. JPMorgan Chase recently expanded to about 174,000 square feet nearby, while Texas Capital Bancshares and the Federal Reserve Bank of Dallas sit within blocks. Just a few streets away, Goldman Sachs is building a $500 million campus expected to house more than 5,000 employees.
— Eric Weilbacher
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