As Goldman Sachs expands its presence in Dallas, it has increased its investments in residential complexes across the region. Asahi Pompey, Global Head of Corporate Engagement at the bank, noted that these investments are based on a deep understanding of local community needs.
Dallas represents a key hub for the bank, hosting its second-largest office worldwide, with plans to complete construction of a new office by 2028. The bank’s investments focus on providing affordable housing, allocating approximately $350 million to housing projects in the Dallas–Fort Worth area across 20 developments.
One example is a residential complex on Midway Road north of the city, which has been renovated and had its units expanded in partnership with developers. While the bank does not own the property, it is a major investor, helping to provide units at prices suitable for middle-income residents.
The complex includes around 1,000 units with rents ranging from $771 to $1,475. Some units are designated to support middle-income families who do not qualify for traditional housing assistance. The development also offers educational services for children from kindergarten through eighth grade through the Kids U educational center.
These investments are part of Goldman Sachs’ commitment under the Community Reinvestment Act to improve residents’ lives and strengthen its positive impact. Pompey emphasized the importance of focusing on projects that address local community needs as part of the bank’s broader strategy.
