'Y'all Street' is booming: What financial giants like Goldman Sachs and Bank of America are building in Texas

"Goldman Sachs is spending $500 million on a new campus in Dallas, the site of its largest US workforce outside New York City. More than 5,000 employees are expected to work out of the campus. The 800,000-square-foot office is expected to open in 2028, Business Insider previously reported. It will be full of amenities: fitness and wellness facilities, multiple dining options, childcare services, lounges, event and client conference spaces, bike parking, and rooftop gardens and terraces."

"Employees are expected to move into the building in the third quarter of 2027, according to a spokesperson. Around 1,000 employees are expected to work in the building, which hopes to become "Dallas' most coveted office address," according to its website. The bank will use nine of the building's 30 floors, and amenities will include a fitness center, coffee and drink bar, floor-to-ceiling windows, green walls, and terraces, the spokesperson said."

"As of July, 19,000 Bank of America employees worked in Texas, with 14,480 of them in the Dallas-Fort Worth area. The New York Stock Exchange announced in February that it's relocating its Chicago outpost to Dallas. NYSE Texas officially opened on March 31, 2025, a spokesperson said. On August 4, Bryan Daniel was appointed as NYSE Texas President, and the stock exchange announced it had signed a lease at the Old Parkland campus in Dallas."

Goldman Sachs is investing $500 million to build an 800,000-square-foot Dallas campus that will house more than 5,000 employees and open in 2028. The campus will include fitness and wellness facilities, dining options, childcare services, lounges, conference spaces, bike parking, and rooftop gardens. Goldman Sachs has maintained a Dallas presence for nearly 60 years. Bank of America will occupy nine floors of the Bank of America Tower at Parkside and expects about 1,000 employees to move in by Q3 2027. NYSE Texas opened March 31, 2025, appointed Bryan Daniel as president, and signed a lease at the Old Parkland campus.

Read at Business Insider