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KDC underway on second $1.6B Richardson projectKDC underway on second $1.6B Richardson projecthttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=30822014-09-12T07:30:00Z2014-09-12T06:58:00Z

RICHARDSON - Developer KDC has started construction on the next phase of its $1.6 billion CityLine project in Richardson.

Work has started on the east side of Plano Rd. where KDC is building a fourth, 500,000-sf office tower for State Farm Insurance.

The office tower is scheduled to be completed in mid-2016.

Additional retail space and apartments are also planned in the same area at the southeast corner of Plano Rd. and Bush Turnpike.

Construction is getting closer to completion on the first three 21-story, 15-story and 13-story State Farm office buildings on the south side of Bush Turnpike next to DART’s commuter rail station.

State Farm will take possession of one of the buildings at the end 2014, and thousands of workers will start relocating to the buildings in early 2015.

When completed, the $1.5 billion, 186-acre CityLine project is planned to contain about 6 million sf of office space, two hotels, 3,925 multi-family residential units, 300,000 sf of grocery, restaurant, entertainment and retail space and three parks.

Dallas Morning News
Dallas-Fort Worth-Arlington
Mixed-Use
http://bizbeatblog.dallasnews.com/2014/09/developer-kdc-starts-next-phase-of-richardsons-cityline-project.html/Read more at {Source}

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