Energy Square, a five-building Class A office campus situated near University Park across from Southern Methodist University, is undergoing a new round of renovations. The ownership group, Glenstar and Affinius Capital, is committing more than $12 million to the latest phase of improvements. This follows a significant $70 million investment completed in 2019 that upgraded the broader office campus and its amenity package.
The current renovation program is focused on enhancing the tenant experience and repositioning portions of the campus for future demand. Plans call for a new ground-level tenant lounge, which will be anchored by a cafe designed to serve both existing occupiers and prospective tenants. The refreshed common-area environment is intended to create additional collaboration and informal meeting space within the campus.
Energy Square II is a primary focus of this phase. The building will see the addition of spec suites aimed at users seeking move-in-ready space. The project also includes new large conference rooms on the third floor, creating flexible space for tenant meetings, training, or events. Across multiple floors, ownership plans a full-floor buildout of tenant-ready office space, with more than 100,000 square feet of space being prepared for future customers.
Design work for the renovation effort is being led by Gensler, which is overseeing the layout and look of the new tenant amenities and office buildouts. On the leasing side, JLL holds the assignment for the Energy Square campus, marketing both the spec suites and larger floor plates to a range of office users.
Since early 2025, Energy Square has recorded notable leasing activity, with more than 62 transactions totaling 188,000 square feet closed at the campus. This volume of executed deals underscores ongoing tenant interest in the property and provides additional context for the decision to invest further capital into upgrades and move-in-ready space. The combination of executed leases, amenity enhancements, and new speculative buildouts positions the campus for continued leasing momentum as the latest improvements are delivered.
