300,000 SF Build-to-Suit Opportunity Features DART Access to DFW Airport
May 21, 2021
DALLAS – Transwestern Development Company (TDC®) announces plans for a new Class A office property within CityLine, a popular mixed-use development in Richardson, Texas. The Exchange, proposed as a 300,000-square-foot, 6-story building, is a venture between TDC and BC Station Partners, with Dallas-based BOKA Powell as the architect.
“It will be increasingly important for employers to deliver a compelling workplace experience, and this new construction alternative provides a unique opportunity to create a one-of-a kind environment that exceeds tenants’ expectations,” said Paul Wittorf, Market Leader for Transwestern Real Estate Services’ North Texas operations. “The outlook for the Dallas market post-pandemic gives us confidence that The Exchange will appeal to a host of corporate users, both local and out-of-state.”
Current plans for The Exchange include extensive glass lines to provide for natural light, state of the art mechanical systems for wellness and comfort, onsite fitness and food service accommodations and a garage structure with a 4.5/1,000 parking ratio.
Situated at the nexus of both rail and highway systems, tenants of The Exchange will benefit from the DART Silver Line, a new commuter rail line estimated for completion in 2022, which will provide a direct route from CityLine to DFW International Airport in under 40 minutes. The pedestrian-friendly district also boasts a wide variety of restaurant, retail and entertainment options, as well as access to more than five miles of hiking and biking trails on the extensive Spring Creek Trail System.
Wittorf said, “This is one of the best sites in Texas for a corporate relocation, whether it be a lease or an acquisition.”
Wittorf and Managing Director Duane Henley are marketing The Exchange.
About Transwestern Development Company
Transwestern Development Company (TDC®) creates real estate landmarks for itself, its partners and valued customers throughout the United States. Part of the Transwestern companies, the diversified business develops logistics, multifamily, office, mixed-use and healthcare properties, with a pipeline of projects in process or completed since 2012 exceeding $5.6 billion.
The privately held Transwestern companies have been delivering a higher level of personalized service and innovative real estate solutions since 1978. An integrated approach formed from fresh ideas drives value for clients across commercial real estate services, development, investment management and opportunistic programs for high-net-worth investors. The firm operates through 34 U.S. offices and global alliances with BNP Paribas Real Estate and Devencore. Learn more at transwestern.com and @Transwestern