Every office needs a speakeasy. Just ask the staff at Creation Equity and LGE Design Build’s new Dallas headquarters.
The $17 million, single-story office building occupies 32,000 square feet in the Design District along the Trinity River at 1280 East Causeway Street. Arizona-based development and investment firm Creation Equity and its sister company LGE Design Build will house approximately 50 employees at their new Texas headquarters.
The office includes a fitness center, lounge, coffee on tap, and yes, a hidden door in the back that opens to a well-stocked speakeasy-style bar.
David Sellers founded LGE Design Build in 1994 and opened Creation in 2018 with co-founder Bob Agahi. Creation also plans to open a New York City office later this year. Together, the companies own about $5 billion in state real estate assets and are currently focusing on growth in Texas.
Both companies have invested heavily in industrial and commercial buildings, including a 1.4 million-square-foot business park in South Fort Worth, but they are looking to expand into residential and mixed-use projects, Sellers said real deal.
“I’ve always had a soft spot for the economy here,” Sellers said. “I think Creation will soon be one of the top five development companies in the country. In 36 months, our Texas office will be making more money than our Arizona office.
“Dallas has a lot of great mixed-use projects, but we thought we could put some real creativity in there,” Sellers said.
The Dallas Design District has been a hotbed of business, retail and nightlife activity after developers Dunhill Partners and Quadrant began transforming the warehouse district into an arts-focused urban neighborhood. Although the area remains popular for industrial projects, such as a $38 million logistics center being developed by Crow Holdings.
