Pernod Ricard 2025 Renovation in Dallas, TX

Factory Six03, located at 603 Munger Avenue Suite 150 in Dallas, has completed its interior renovation. The project, registered with TDLR in August 2025, involved the alteration of 4,433 sq ft of existing office space within a high-rise building in the Dallas Downtown Historic District. The estimated cost for this work was $105,000, resulting in a calculated cost of $24 per square foot.

Project Scope and Design

Go Studio served as the design firm of record for this renovation. The scope of work, as detailed in the filing, focused specifically on the interior renovation of the office suite. This project is privately funded on private land for private use. Gpiwe LP is listed as the owner or developer of record. Michael Lynn Kelley was the registered accessibility specialist associated with the filing.

Construction began in September 2025, following the completion of plan review in August 2025. The filing indicated a scheduled completion date of October 2025. However, the record shows that the final TDLR accessibility inspection was passed in September 2026, confirming that the construction phase is complete. The TDLR status for this project is now Inspection Complete.

Context and Comparisons

Compared to 32,423 other TDLR-registered renovation and alteration filings in Dallas County, this project’s estimated cost is below the county median. The median estimated cost for similar projects is $248,360, while this project’s $105,000 falls in the bottom quarter of that range. Similarly, the $24 per square foot cost is below the county median of $72. The scheduled build window of 58 days was shorter than the county median of 92 days.

Go Studio has been involved in six other TDLR-registered projects totaling $4,055,731, including works in Plano, Austin, and Dallas. The site is situated in a ZIP code with a median household income of $101,500 and a median owner-occupied home value of $325,100, according to U.S. Census ACS 2023 estimates. The area is characterized by predominantly renter-occupied housing. Nearby landmarks include the Omni Dallas Hotel and Dealey Plaza.

Third-party sources describe Factory Six03 as an award-winning repositioning of a historical warehouse. A post by the Dallas Morning News noted that Granite Properties confirmed the sale of the property. The Real Deal reported that the developer listed the historic offices in Dallas' West End. These descriptions align with the project’s location and nature as a renovation of existing space.