Lease rates lower for new Uptown office space

​​​DALLAS – With 98 percent of the office space being leased up at The Shops at Park Lane, Northwood Investors has unveiled plans for a new 11-story, 340,000-sf office tower.

The office tower at 8010 Park Lane will sit on the north side of The Shops at Park Lane, and will include ground-floor retail space that will open up to a community park.

A general contractor has yet to be named to the project, which is expected to take 18 months to build.

Lease rates for the new office space would be a 15 to 20 discount to current office rates in Uptown.​