Crossword Genius

Father ties up buildings (7)

Ross

I believe the answer is:

palaces

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'up buildings' is the definition.
The definition and answer can be both man-made objects as well as being plural nouns.
Perhaps they are linked in a way I don't understand?

'father ties' is the wordplay.
'father' becomes 'pa' (pa can mean dad or father).
'ties' becomes 'laces' (lacing is a kind of tying).
'pa'+'laces'='PALACES'

Can you help me to learn more?

(Other definitions for palaces that I've seen before include "Offical residences of sovereigns" , "Royal residences" , "kings and queens here?" .)

I've seen this clue in The Daily Express.
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