Following its merger with Dallas-based Comerica Bank, Cincinnati’s Fifth Third Bank announced it is establishing its Texas regional headquarters in Dallas at Preston Center, located at 8300 Douglas.

 With the merger, which was announced last fall, Fifth Third said it plans to open 150 new branches in Texas, a $700 million investment that will place Fifth Third among the top four banks in terms of branches in Dallas, Houston, and Austin.

“Dallas is one of our most dynamic and important markets, and we’re excited to establish our regional headquarters at Preston Center,” Brian Enzler, North Texas region president of Fifth Third, said in a statement. “The Dallas metro area will be one of five major employment hubs for the new Fifth Third with a broad mix of teams represented. While Preston Center will be our regional headquarters, we expect to maintain multiple office sites across Dallas, reflecting a mix of city-center and urban locations.”

He added, “This long-term investment will bring teams together in a location that’s accessible across the Dallas metroplex, strengthening collaboration, and positioning us to continue growing with Dallas for years to come.”

‘At the epicenter of Dallas business and community life’

The Preston Center building is currently under construction, with Fifth Third’s space slated for completion in the fourth quarter of 2028. Fifth Third said it plans to occupy two floors in the new building and open an on-site banking center, creating a collaborative hub for employees and a convenient location for customers.

The bank said it plans to exit Comerica’s prior leased space at Comerica Bank Tower in Dallas.

Fifth Third chose Preston Center after weighing options across the Dallas area and concentrating on what best supports customers, colleagues, and long-term growth. Preston Center’s location is close to where many employees live and work and provides central access to much of North Texas, including efficient routes to the airport and surrounding business districts, the bank said.

“Bringing Fifth Third to 8300 Douglas is a definitive endorsement of the quality and vision behind this project,” said Robert Dozier, president of RAMROCK Real Estate. “In a market where companies are demanding ‘flight to quality’ with amenities that rival those of a luxury hotel, this development stands alone. We are proud to provide a home for Fifth Third that reflects the bank’s commitment to excellence and positions its Texas regional headquarters at the epicenter of Dallas business and community life.”

New branches and new opportunities

Of the 150 new branches Fifth Third plans to open in Texas by 2029, over 50 locations have been secured, including 23 in North Texas. In April 2026, Fifth Third opened its first branch in Frisco at 17 Cowboys Way. Another branch is open at 5201 East RL Thornton Freeway in Dallas.  A branch in North Park at 8850 Boedeker Street in Dallas will serve as temporary headquarters until the 2028 Preston Center move.

Fifth Third said its commitment to Dallas extends beyond its offices and branches. The bank supports local communities through investment, partnerships, and financial services that reinforce economic opportunity and financial well-being. Fifth Third said it also plans to bring its “place-based economic development approach” to Texas in the future, leveraging capital, services, and partnerships to help boost communities statewide.

“For decades, Comerica has been a cornerstone of the North Texas business community, and we’re proud to see that legacy continue and strengthen under Fifth Third,” said Brad Cheves, president and CEO of the Dallas Regional Chamber. “Establishing Dallas as a major hub for customers, corporate functions, and a growing workforce reinforces what business leaders across industries already know: the Dallas–Fort Worth Metroplex offers an unparalleled combination of talent, connectivity, and opportunity. We look forward to growing alongside Fifth Third and to the lasting impact this commitment will have on our region and across Texas.”

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