What The Crescent Dallas does

The Crescent Dallas is a 1.3 million-square-foot luxury mixed-use commercial real estate development located in Uptown Dallas, Texas, operated by Crescent Real Estate LLC. Designed by world-renowned architects Philip Johnson and John Burgee, the property comprises four contiguous towers (100, 200, 300, and 500 Crescent Court) configured in a distinctive crescent-shaped layout with standard 22,000 square foot floor plates, bay depths of 43–44 feet, and 9–12 foot ceiling heights. It is the only Uptown office building with a dual-feed power supply and holds LEED EB Silver certification from the U.S. Green Building Council (2010 and 2023) and Energy Star certification maintained since 2008 with a current score of 65.

The integrated asset combines Class AA office space, the four-star Hotel Crescent Court, 11+ on-site restaurants (The Capital Grille, Nobu, Sixty Vines, The Crescent Club, Moxie's, Shake Shack, Starbucks, Ascension Coffee, East Hampton Sandwich Co., Everbowl, AVRA, Beau Nash, The Conservatory), luxury retail (Stanley Korshak and Stanley Korshak Bridal Salon), and wellness amenities (Crescent Fit, The Spa at The Crescent, Hotel Fitness Center, City Golf Club). Supporting infrastructure includes a mailroom with UPS and FedEx, Foodsby corporate lunch delivery, Scissors & Scotch men's salon, Pop-a-lock Locksmith, ChargePoint EV charging in the 300 Building Garage, and an on-site concierge linked to Texas Concierge Connection.

The Crescent generates revenue through subscription/recurring streams: commercial office leasing to corporate tenants (professional services, financial services, law firms, corporate HQs), retail and restaurant tenant leases, hospitality revenue from Hotel Crescent Court (rooms, F&B, spa), and ancillary concierge and parking validation services. Pricing is quote-based and not publicly disclosed. Distribution is direct, with an in-house leasing team (VP Leasing Tony Click, Senior Leasing Associate Jordyn Allen) handling office inquiries, tours, suite selection, and lease negotiation. The property management organization comprises approximately 19 staff including the General Manager, VP Leasing, Property Manager, Director of Operations, Accounting Manager, Facilities Manager, Chief Engineer, leasing associates, administrative staff, and engineering/maintenance personnel.

Name

The Crescent Dallas

Legal name

Crescent Real Estate LLC

Website

https://thecrescent.com

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

The Crescent Dallas is a 1.3 million-square-foot luxury mixed-use commercial real estate development in Uptown Dallas, operated by Crescent Real Estate LLC, combining Class AA office space, Hotel Crescent Court, 11+ restaurants, luxury retail, and wellness amenities across four architecturally iconic towers.

Ownership category

akta.pro rank

Headquarters

HQ city

Dallas

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Marketing or Sales, Others

Revenue model

1. Office Space Leasing: Class AA office space rental to businesses in three towers (100, 200, 300, 500 buildings) with standard 22,000 square foot floor plates. Standard bay depths of 43-44 feet with 9-12 foot ceiling heights. Monthly lease rates are quote-based.
2. Retail and Restaurant Tenants: Leasing of retail spaces to restaurants, shops, and service providers including The Capital Grille, Sixty Vines, Moxie's, Starbucks, Stanley Korshak, and others. Revenue generated through commercial retail leases.
3. Hotel Crescent Court: On-site luxury hotel accommodations generating hospitality revenue including room rentals, food and beverage, and spa services.
4. Concierge Services: Concierge service assisting with hotel reservations, restaurant bookings, entertainment tickets, and delivery coordination. Accepts credit cards, debit cards, and company checks.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

The Crescent Dallas is a 1.3 million-square-foot luxury mixed-use development that leases Class AA office space in four connected towers (100, 200, 300, and 500 Crescent Court) to corporate tenants, alongside on-site Hotel Crescent Court accommodations, eleven restaurants, luxury retail, wellness and spa facilities, and concierge services. The property operates as a unified campus environment serving corporate, retail, hospitality, and consumer service needs in Uptown Dallas.

Product overview

The Crescent Dallas is a 1.3 million-square-foot luxury mixed-use development in Dallas Uptown, serving as the centerpiece of the Uptown Dallas/Turtle Creek Class AA office market. The property is a unified complex of three contiguous towers (Buildings 100, 200, 300, and 500) designed by architect Philip Johnson and John Burgee. The integrated offering combines Class AA office spaces with Hotel Crescent Court luxury accommodations, eleven on-site restaurants (including The Capital Grille, Sixty Vines, Nobu, The Crescent Club, and Starbucks), luxury retail (Stanley Korshak, Stanley Korshak Bridal Salon), wellness facilities (The Spa at The Crescent, Crescent Fit, City Golf Club, Hotel Fitness Center), personal care services (Scissors & Scotch Men's Salon), essential services (ChargePoint EV charging, mailroom with UPS/FedEx, Pop-a-lock Locksmith), food services (Foodsby, Everbowl, East Hampton Sandwich Co.), and concierge and parking validation services. The property is LEED Silver certified (EB) and Energy Star labeled, reflecting its commitment to sustainability in commercial real estate.

Differentiator

Problem solved

Functional benefit

Products and services

• Class AA Office Space Leasing Premium Class AA office space leasing in a 1.3 million-square-foot luxury mixed-use development with standard 22,000-square-foot floor plates, elevator cores in each tower, modular expansion options, and views of downtown Dallas. Targeted at mid-to-large corporate tenants.
• Hotel Crescent Court Four-star luxury hotel offering upscale accommodations, spa services, and fine dining at 400 Crescent Court within The Crescent complex.
• Crescent Concierge Concierge service assisting with hotel recommendations, restaurant reservations, entertainment tickets, and delivery coordination. Operates through Texas Concierge Connection.
• Parking Validation Services Parking validation system enabling office parking and valet parking validation for tenants and visitors, with online validation portals available.

Quantifiable outcome

• LEED EB Silver certification from USGBC demonstrating energy savings, water efficiency, CO2 emissions reduction, and improved indoor environmental quality
• +2 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• Texas Concierge ConnectionminorOthersThe Crescent Concierge service is linked to Texas Concierge Connection, an external concierge network. The concierge assists tenants and visitors with hotel reservations, restaurant bookings, entertainment tickets, and delivery coordination services.

Scale indicators6 records

Recent moves6 records

Expansion highlights3 records

Broad incumbents

• Tishman Speyer: Global owner, operator, and developer of trophy office and mixed-use assets (e.g., Rockefeller Center, The Spiral). Comparable in the operation of architectural signature mixed-use properties targeting premium tenants.
• Vornado Realty Trust: Public REIT specializing in Class A office properties in premier US markets. Comparable in the ownership and operation of premium trophy office assets, though focused on Manhattan rather than Dallas.
• Brookfield Properties: Large global real estate operator with a substantial portfolio of Class AA office and mixed-use properties, including trophy assets in major US markets. Comparable as a large-scale mixed-use and luxury office operator, though far broader and more diversified than The Crescent.
• Boston Properties: Public REIT owning and developing Class A office and mixed-use properties in major US markets. Comparable in the operation of premium office product targeting large enterprise tenants in urban core locations.
• Related Companies: Developer and operator of large-scale mixed-use properties including office, retail, and luxury residential (e.g., Hudson Yards, The Century). Comparable in the integrated mixed-use luxury positioning combining office, retail, dining, and hospitality.

Regional players

• Cousins Properties: Public REIT focused on Class A office properties in the high-growth Sun Belt markets, including a major Dallas presence. Comparable in the operation of premium office product in Dallas, though not in the same trophy mixed-use niche.

Direct peers

• KDC: Dallas-based commercial real estate developer specializing in Class AA office towers and corporate campuses. Comparable as a Dallas-focused trophy office developer targeting enterprise occupiers with similar build-to-suit and amenitized product offerings.
• Trammell Crow Company: Dallas-headquartered commercial real estate developer and investor with significant Class AA office and mixed-use exposure in Uptown and downtown Dallas. Comparable in product mix (large office towers, mixed-use), target tenants (enterprise/professional services), and Dallas market focus.
• Lincoln Property Company: Major Dallas-based commercial real estate firm managing a large portfolio of Class AA office, mixed-use, and multifamily properties nationally. Comparable in scale, tenant base, and asset class, with significant presence in the Dallas Uptown/Turtle Creek submarket.
• Crescent Real Estate: Sister/parent management entity that owns and operates The Crescent Dallas. Directly comparable as the operator of trophy mixed-use properties in Dallas and Fort Worth, including offices, hotels, and retail. Most relevant peer given shared ownership, brand, and operating model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/the-crescent-dallas

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about The Crescent Dallas