Wingstop plans to move its headquarters south from Addison to Dallas.
The high-growth franchisor and restaurateur leases 112,000 square feet of space in One West Village, an office building formerly known as the Richards Group Building, located on the southbound North Central Expressway. It is expected to be.
“At Wingstop, our goal is to be one of the top 10 restaurant brands in the world, and we believe that our people are our competitive advantage,” said Wingstop Senior Vice President and Chief Executive of Corporate Restaurants. said Donnie Upshaw, human resources director.
Wingstop was founded in Garland in 1994 and has grown to 2,200 stores worldwide. The company, which offers a wide range of chicken-centered dishes from wings to sandwiches and tenders, expects same-store sales to increase for the 20th consecutive year in fiscal 2023, with system-wide sales increasing 27.1% to approximately $3.5 billion. reported.
We currently have an office at 15505 Wright Brothers Drive near the Addison Airport. The Nasdaq-listed company purchased the 78,000-square-foot building in 2019 for $18.3 million to serve as its headquarters.
“The Dallas area has been our home for nearly 30 years, and we're excited to open our new headquarters in uptown Dallas. This will prepare us for the next phase of growth for our brand.” said Upshaw.
The company will demolish the 15th, 16th, 17th and 18th floors under a 13-year lease.
Investment and management company Olive Mill Holdings acquired One West Village in 2022 in partnership with Dallas-based Hunt Realty Investments and New York-based Angelo Gordon & Company.
In conjunction with TRG's move to Deep Ellum, Olive Mill announced plans to renovate the 18-story, 240,000-square-foot high-rise building. Mr. Gensler was appointed to redo the job at 2801 Central Expressway.
