DALLAS-In an expansion move, DowntownDallas has taken the entire 46th floor at the 1.3-million-square-foot JPMorgan Chase Tower in the CBD. The agency signed a four-year lease with owner Hines for just under 10,000 square feet and will move in during late January 2009.

John F. Crawford, president and CEO of DowntownDallas says growth and other factors necessitated a change of space from its current 6,000-square-foot location at the Adolphus Tower. He says Chase Tower at 2200 Ross Ave. was the location of choice for a variety of reasons.

“Hines’ financial commitment to the CBD and Stream Realty’s creativity helped make a difference as we evaluated our options,” Crawford acknowledges. He says other options were considered, including staying put at the 182,327-square-foot Adolphus Tower at 1412 Main St. Though Crawford opted to move his organization, “the reason we’re moving has nothing to do with the location or quality of the Adolphus,” he comments.

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