Story perspectives

Morgan Stanley Invests $1.3B, Creates 3,800 Jobs in Dallas

By Drooid · Sep 29, 2026, 2:23 AM UTC · How we work

Summary

Story summary

Morgan Stanley is establishing a new operations hub in Dallas with a $1.3 billion investment.
The hub is projected to create at least 3,800 jobs in Dallas by 2035.
Dallas approved an $18.5 million development incentive package for the project.
The Texas Enterprise Fund awarded Morgan Stanley a $44 million cash grant.
Morgan Stanley signed a temporary lease for 255,000 sq ft at Fountain Place for 1,500 employees through 2031.

1 of 1

Story summary

Morgan Stanley is establishing a new operations hub in Dallas with a $1.3 billion investment.
The hub is projected to create at least 3,800 jobs in Dallas by 2035.
Dallas approved an $18.5 million development incentive package for the project.
The Texas Enterprise Fund awarded Morgan Stanley a $44 million cash grant.
Morgan Stanley signed a temporary lease for 255,000 sq ft at Fountain Place for 1,500 employees through 2031.