Until now, North Texas spec office activity has been concentrated in and around the Legacy business park in Plano. But a new project from Wilcox Development will sprout up in Las Colinas.
The Dallas-based developer, an affiliate of Cawley Partners, plans to build a 135,000-square-foot office building on 8.5 acres at the southwest corner of Interstate 635 and Belt Line Road. The four-story Wilcox Plaza at Las Colinas, designed by Morrison Dilworth + Walls, is expected to be ready for occupancy in the second quarter of 2014.
Todd Ratliff of Cawley Partners will oversee leasing.
“We have wanted to develop in Las Colinas for quite some time,” said Bill Cawley, CEO, in a statement. “This site provides extraordinary access to DFW Airport, various traffic arteries, and a skilled labor pool. These locational benefits, coupled with a highly efficient design and floor plate will provide office space that corporate America is seeking.”
Wilcox will pursue LEED certification for the project. Features include high ceilings to allow for raised flooring, large floorplates, and six-per-1,000 parking. Various sustainability elements will be incorporate into the design as well, the developer said.
During the past 16 years, Wilcox has developed more than 5 million square feet of office, industrial, and retail space in Texas and Northern California. Notable projects include JPMorgan International Plaza and Tollway Plaza, as well as build-to-suits for Carlson Restaurants Worldwide and Blue Shield of California.