DALLAS — Uber Technologies Inc. (NYSE: UBER) is closing in on a decision for its latest office expansion and multiple sources familiar with the matter have indicated that Uber is closing in on Dallas.
While a final decision hasn't been made, sources have told the Dallas Business Journal that Uber is zeroing in on Dallas. The ride-sharing service earlier this year said Dallas was on a list of cities that could land a new office expansion that potentially promises thousands of jobs.
Should the San Francisco company choose Dallas, a preferred site in Deep Ellum is emerging as the likely destination for office space, according to multiple sources, who spoke on the condition of anonymity because they weren’t authorized to comment publicly.
"Uber is evaluating adding a significant number of jobs in Dallas and investing directly in the community," Travis Considine, a spokesperson for Uber, told the Business Journal in a statement.
"Our team is currently discussing the opportunity with state and local leaders and we hope to make a decision before the fall," he said.
The company previously said it would make its decision by late August that would bring jobs ranging from engineers and finance executives to salespeople across Uber's business verticals, like Uber Eats and Uber Air.
Sources told the Business Journal that the destination for Uber's Dallas expansion could be Deep Ellum's The Epic, which is being developed by Dallas-based KDC Real Estate Development & Investments.
Consondine previously said that Uber would possibly move into The Epic if Dallas were selected, as well.
Bill Guthrey, a senior vice president and partner at KDC, declined to comment. Calls to other KDC executives were not immediately returned.
Upon completion, The Epic will add a 310-unit apartment building, a 10-story office tower and a 164-room hotel to the area. The development will also include 42,000 square feet of retail space.
Additional calls for comment to the Dallas Regional Chamber, Dallas Mayor Eric Johnson, City Manager T.C. Broadnax, and County Commissioner Judge Clay Jenkins were not immediately returned.
A memo obtained by WFAA shows Uber Technologies, Inc. is asking for a tax break if it selects Dallas.
The recommendation suggests Dallas County provide Uber with a “10-year, 50% abatement on real property and a 10-year 90% abatement on business personal property for the major administrative office that it will be establishing in Dallas."
County Commissioners will be discussing a tax break of about $2.6 million for Uber at their meeting on August 20.
If this happens it would be the county's biggest tax break and largest employee-generating projects that commissioners have ever approved.
The Business Journal's Claire Ballor and Bill Hethcock also contributed to this report.
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