Dallas Morning News: Spec office campus on the way next to Telecom Corridor’s booming CityLine project
by STEVE BROWN
Real Estate Editor
Richardson’s booming Telecom Corridor is getting another major project that will add to employment in the area.
Construction is about to start on the first speculative office campus in the district in more than a decade.
Transwestern Development Co. is teaming up with UBS Asset Management to build the 310,000-square-foot office project adjacent to the CityLine complex at U.S. Highway 75 and Renner Road.
The almost 7-acre development site is within walking distance of DART’s CityLine rail station and is next door to new apartments and retail space.
The project could eventually house more than 1,400 office workers.
“We really like the synergies of this development site,” said Reid Caldwell, managing director of Transwestern Development. “We had this ranked as our number one development site for new office.
“This is probably the first spec building started in that market since 1998,” Caldwell said. “And this will be the first multi-tenant office building at CityLine.”