Texas Business reports: IRVING—TRT Holdings plans to relocate and consolidate its offices from Irving to Dallas. 

The new offices, which will incorporate the headquarters for Omni Hotels & Resorts and Gold's Gym International, also based in Irving, are expected to open in the summer of 2013.

 The new headquarters building at 4001 Maple Avenue will be on the Old Parkland campus, which was developed and revitalized by Crow Holdings. 

The original 8.3 acre Old Parkland site was expanded to 9.5 acres through the acquisition of adjacent property and is bound by the Dallas North Tollway, Maple and Oak Lawn Avenues.  The master planned business campus located a few miles north of downtown includes new buildings that complement the original and historic landmark structures.

The headquarters will be built by Brasfield & Gorrie, who recently opened a Dallas office, and is also currently building the Omni Nashville Hotel. 

Brasfield & Gorrie, as the design/builder, has hired HKS in Dallas to design the headquarters in keeping with the other buildings on the Old Parkland campus.  With approximately 170,000 square feet, the six-story Jeffersonian-style building will feature numerous amenities designed to help attract and retain top employees to the companies, including a cafe, health club, conference center, underground parking and a spacious back patio. 

Approximately 275 total associates from TRT Holdings, Omni Hotels & Resorts and Gold's Gym International will move in the building.

“As our organizations continue to grow and prosper, we want to ensure that our office environment meets the needs of our teams today and far into the future,” said Jim Caldwell, president of TRT Holdings in a prepared statement.  “We are excited to bring everyone together, and we envision a setting which will enable our associates and our businesses to thrive.”

Earlier today, the Dallas City Council confirmed a ten-year tax abatement on 90 percent of the real property improvement value resulting from the new facility and a $200,000 economic development grant as an incentive for the project. 

While estimated forgone revenue from the tax abatement is approximately $2.3 million, the project is expected to have a $7.5 million fiscal impact for the City over 10 years.  TRT Holdings anticipates making a $40 million investment in the project.

TRT Holdings is a privately-owned, diversified holding company located in Irving, Texas.  Assets include Omni Hotels & Resorts, Gold's Gym International, Tana Exploration and numerous investments in public companies and various real estate ventures. 

Crow Holdings is a privately held investment firm that specializes in real estate investments on behalf of the Trammell Crow family and its investment partners. Since entering the fund business in 1998, Crow Holdings has acquired and/or developed over $8.5 billion in gross asset value.