Hall Financial Breaks Ground on 200,000-SF Office Building in Frisco
By Camelia Bulea, Associate Editor
With multi-tenant office space in high demand in Frisco, Hall Financial Group recently broken ground on the 16th office building in Hall Office Park. The 200,000-square-foot Class AA office building will be built on one of the two remaining development sites in the 162-acre office park.
The speculative office building will be eight stories high and is expected to be completed in the second quarter of 2014, noted the Dallas Business Journal. Dubbed 3001 Dallas Parkway, the property will contain efficient and flexible 25,000-square-foot floor plates and is designed to achieve LEED certification, according to an official statement.
“With existing demand for new multi-tenant office space in the area outpacing availability, we believe the timing is right to start this next building,” said Craig Hall, chairman & founder of Hall Financial Group.
The award-winning office park already has 15 buildings totaling more than 2 million square feet of space. The existing buildings are currently 98 percent occupied; among the tenants are names like Fiserv, AmerisourceBergen Specialty Group, The Hartford, SANYO Energy (U.S.A.) Corporation, MillerCoors and GENBAND. HKS Architects designed the 3001 Dallas Parkway, while JPMorgan Chase is providing financing for the new facility. The number of people working in Hall Office Park is as high as 6,500 employees.
Photo of 3001 Dallas Parkway, courtesy of Boyer Group
For more news from Dallas, click here.Tags: Development, economy, leasing