Chateau Plaza on McKinney Avenue is losing its long-time name.
An Uptown Dallas office tower is getting a makeover that includes a new identity.
The 18-story Chateau Plaza on McKinney Avenue was built in 1985.
The high-rise took its name from the storied Chateaubriand Restaurant, which occupied the site until it was demolished for the new office. Once described as the first “up-scale” restaurant in Dallas, the Chateaubriand was a popular dining venue for decades until developer J.L. Williams bought up the prime site for his new office building.
Since 2005, the almost 179,000-square-foot office has been owned by institutional investors advised by J.P. Morgan Global Alternatives.
Along with an interior redo, the building owners are changing the name to 2515 McKinney.
“We look forward to seeing 2515 McKinney reach its full potential as we add amenities and upgrade spaces designed for our tenants and their employees,” Dan Minkoff, executive director at J.P. Morgan, said in a statement. “Office demand is migrating to quality, and we plan to deliver just that.”
Upgrades for the building include a new lobby, tenant lounge, public corridors, boardroom, fitness center and outdoor patio.
Entos Design is handling interior architecture and construction, which will be completed later this year. Steam Realty Partners is overseeing the project.
“The planned renovations for 2515 McKinney will create a best-in-class office experience for our tenants and reposition the building as the premier place to office in Uptown,” Stream’s Rhett Miller said. “It s in the heart of Uptown and surrounded by amenity-rich neighborhoods, checking all the boxes for a true class A destination.”
Chateau Plaza was last renovated in 2011. Major tenants in the building include Nexbank, VMG Health and Riveron.
With construction of new office projects in the area north of downtown Dallas, owners of older buildings are putting millions of dollars of improvements into their properties to remain competitive.
Overall demand for office space in North Texas has declined since before the pandemic.
