$5.7M office fit-out filed at FCP's 155 Riveredge Dr. in Dallas
A $5.7M permit application for a 27,500 sq ft third-floor build-out, code-named Project Meridian, was filed Nov. 11 at 155 Riveredge Dr. in Dallas.
A tenant code-named Project Meridian has applied for a $5.7 million interior build-out of about 27,500 sq ft on the third floor of 155 Riveredge Dr. in Dallas. The City of Dallas permit, COM-ALT-ADD-26-002772, was filed Nov. 11, 2026 and is pending.
Why it matters
A first-generation build-out means the space has not been finished for a tenant before, so this is a new lease turning into construction. The filing is a signal that a tenant has committed to a floor in a building completed in 2023. The permit names the project only as “Project Meridian” and does not identify the company behind it.
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The Dallas Central Appraisal District lists Riveredge Owner LP as the building’s sole owner, in care of FCP at a Chevy Chase, Maryland address. We name FCP as the operating owner on that basis; neither FCP nor a tenant has commented on the filing.
The numbers
- Permit valuation: $5.7 million, or roughly $207 per sq ft across the 27,500 sq ft floor plate.
- Scope: minor demolition, new partitions, ceilings, millwork and finishes, plus changes to mechanical, electrical and plumbing systems.
- Filed: Nov. 11, 2026. Status: pending, which means no approval or start date has been recorded.
- Building: year built 2023, according to the appraisal district.
At about $207 per sq ft, the valuation points to a full-scope office finish rather than a light refresh. The permit estimate is the applicant’s figure and can change as plans are reviewed.
What’s next
Watch for permit approval, a general contractor on the record and a lease announcement that matches the code name. A tenant disclosure, a TDLR accessibility registration or a broker release would likely surface the company. We will update when the record names it.
More Dallas-Fort Worth office and permit activity is tracked on the Dallas market page.
Quick answers
- What is the latest on 155 Riveredge Dr. Project Meridian build-out?
- A $5.7M permit application for a 27,500 sq ft third-floor build-out, code-named Project Meridian, was filed Nov. 11 at 155 Riveredge Dr. in Dallas.
- Who is developing 155 Riveredge Dr. Project Meridian build-out?
- FCP, according to City of Dallas permits (DallasNow Accela).
- What are the key numbers for 155 Riveredge Dr. Project Meridian build-out?
- permit valuation: $5.7M; third-floor build-out: 27,500 sq ft; year built: 2023.
On the record
Permit COM-ALT-ADD-26-002772 values a first-generation build-out of about 27,500 sq ft on the third floor of 155 Riveredge Dr. at $5.7 million, status pending as of Nov. 11, 2026
Permit · aca-prod.accela.com
Primary record
- Public recordThe appraisal district lists Riveredge Owner LP, in care of FCP of Chevy Chase, Maryland, as 100% owner of the building, built in 2023View the record on dallascad.org
Also reported by
- Dallas Central Appraisal DistrictCommercial account detail for 155 Riveredge Dr.