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Commercial Real Estate

RED Development’s The Union Signs Two Restaurants, Two Office Tenants

Two new restaurants, a private investment management firm, and a private equity firm have joined the mixed-used project, which will open this fall.

As RED Development’s The Union Dallas nears completion, four new leases have been inked in the mixed-use development. Two restauants—Kotta Sushi Lounge and TACOLINGO—as well as two office tenants—Hudson Way Capital Management and MedProperties Realty Partners—will join the lineup, bringing the 424,000-square-foot office tower to more than 60 percent leased.

Kotta Sushi Lounge, the second location for the Frisco-based Japanese restaurant, and TACOLINGO will both open 4,000 square feet and 3,500 square feet, respectively, around October. The ground-floor restaurants will be joined by Fox Restaurant Concepts’ The Henry and North Italia.

Private investment management firm Hudson Way Capital Management will relocate its Dallas headquarters to 3,026 square feet on the 16th floor of the office tower in November. MedProperties Realty Partners, a private-equity firm, will relocate to 7,434 square feet on the 21st floor in spring 2019.

Touching Uptown, Victory Park, and the Harwood District, The Union broke ground in April 2016. The project—including a 424,000-square-foot office tower, a 31-story residential tower, dining and retail options, and a Tom Thumb grocery store—is intended to connect different elements of nearby Dallas neighborhoods. Even the name, The Union, is a reference to the variety of uses the dual-tower development will bring.

“It’s exciting to see the vision of The Union come together as we continue to meet major construction and leasing milestones,” RED Managing Partner Mike Ebert said in a statement. “We’re creating a 24-hour hub of activity with office, residential, retail, restaurants and grocery all in one place and first-in-class across the board.”

Other tenants at The Union include: HBK Capital Management, a global alternative investment management firm; law firm Akin Gump; Primoris Services Corporation; Streetlights Residential; and Weaver, an independent accounting firm.