Every office needs a speakeasy. Just ask the employees at Creation Equity and LGE Design Build’s new headquarters in Dallas.
Located in the Design District just off the Trinity River at 1280 East Levee Street, the $17 million single-story office building comes in at 32,000 square feet. Creation Equity, an Arizona-based development and investment firm, with its sister company LGE Design Build, will house around 50 employees at its new Texas headquarters.
The office includes a fitness center, lounge, coffee on tap and, yes, a hidden door in the back that opens up into a fully stocked speakeasy-style bar.
David Sellers started LGE Design Build in 1994 and teamed up with co-founder Bob Agahi in 2018 to open Creation. Creation is also planning to open a New York City office later this year. Together, the firms have about $5 billion in national real estate assets and are primarily focused now on growth in Texas.
Both companies are heavily invested in industrial and commercial builds, including a 1.4 million-square-foot business park in south Fort Worth, but are looking to branch out into residential and mixed-use projects, Sellers told The Real Deal.
“I have always been enamored by the economy here,” Sellers said. “I feel like Creation is going to be one of the top five development companies in the country in no time. In 36 months our Texas office will be bigger than the Arizona office in terms of revenue.”The company is working through local approval on a 100-acre mixed-use project in McKinney, but nothing is yet finalized, Sellers said.
“There are a lot of great mixed-use projects in Dallas, but we think this one, we can put some real creativity into it,” Sellers said.
The Dallas Design District has been a hotbed of commercial, retail and nightlife activity after developers Dunhill Partners and Quadrant began renovating blocks of warehouses into an urban, art focused neighborhood. Though the area is still popular for industrial projects such as a $38 million logistics center being developed by Crow Holdings.