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​​ALLEN – Wa​tchGuard Video is building a $46 million, 200,000-sf headquarters building along Exchange Pkwy. 

The building will be constructed in two phases. Phase one, costing $36 million, will have 140,000 sf and open at the end of 2017. The $10 million, 60,000-sf phase two will open five years later. 

WatchGuard will relocate​ from its current space along Century Pkwy.