RICHARDSON, Texas--(BUSINESS WIRE)--KDC, one of America’s leading commercial real estate development and investment firms, has completed the fourth office tower at the developer’s CityLine mixed-used project in Richardson, Texas.
The new tower will be occupied by State Farm and employees are in the process of moving into the 500,000-square-foot facility. State Farm now occupies 2.1 million square feet of office space at CityLine.
“The completion of the fourth tower anchors the east side of Plano Road and creates the critical mass for a vibrant and accessible new urban environment,” said Walt Mountford, executive vice president, KDC. “Started just over three years ago, CityLine has become a standout location for the modern-day employee and resident.”
Construction of Four CityLine, located at the northeast corner of State Street and N. Plano Road across from the other three office towers occupied by State Farm, started in July 2014. The fourth tower consists of a 12-story office building situated above a five-level parking structure with approximately 30,000 square feet of ground floor retail.
Construction of CityLine’s other three office towers began in April 2013 as part of the initial development phase. The Class A office buildings consist of a 13-story building, 15-story building and 21-story building. KDC topped out the first three office towers in July 2014, only 16 months after the start of construction. Each building is situated above a five-level parking structure with more than 92,000 square feet of retail, restaurant and entertainment options integrated into the base of the towers.
CityLine now includes the four office towers occupied by State Farm; a 489,000-square-foot office complex for Raytheon; nearly 50 dining and retail service options, including CityLine Market, with Whole Foods as the retail anchor; 1,000 apartments with another 1,000 under construction; a 148-room select service Aloft Hotel scheduled to open early next year; a wellness office building anchored by Texas Health Resources, Children’s Health, and a fitness center; and a centrally located urban plaza designed by Office of James Burnett (OJB), the landscape architect of Dallas’ signature Klyde Warren Park. A 3.5 acre park with trails is now open and four large public sculptures by renowned artists will be installed this fall. CityLine is a transit-oriented development with direct access to two major highways and has its own DART Rail station.
At full build-out, CityLine will contain five million square feet of office space, 3,925 multi-family residential units, more than 60 dining and service retail options, two hotels and two parks with access to regional hike and bike trails. Approximately 30,000 people are expected to live and work at CityLine.
Austin Commercial is the general contractor and Corgan Architects is the shell building and interiors architect for the four office towers. Kimley-Horn is the civil engineer; Telios is the mechanical engineer and L.A. Fuess is the structural engineer.
More information about CityLine can be found at CityLineDFW.com
About KDC
KDC, one of America’s leading commercial real estate development and investment companies, provides a full range of commercial real estate services including corporate build-to-suit development, acquisitions, corporate facility project/construction management, project financing, asset and land management, and marketing and leasing. KDC is headquartered in Dallas and has offices in Atlanta; Charlotte, N.C.; and Houston. For more information, please visit kdc.com.
