3001 Dallas Parkway to offer 200,000 SF of Class AA office space to meet North Texas market demand
FRISCO, Texas – April 30, 2013 – Hall Financial Group has broken ground on the16th building at the award-winning Hall Office Park in Frisco, Texas. The new Class AA building, located at 3001 Dallas Parkway, will be eight stories and total 200,000 square feet on one of the two remaining and most visible sites in the park with frontage on the Dallas North Tollway/Dallas Parkway. Project completion is scheduled for mid-2014.
“After opening 15 buildings over a 10-year time period, the past five years haven’t been much fun from a development perspective. But we are happy that is changing now and that we are back doing something positive,” said Craig Hall, founder and chairman, Hall Financial Group. “None of those 15 buildings could have been built had it not been for a real partnership with the City of Frisco and the Frisco Economic Development Corporation. Through both good times and tough times, we have been fortunate to have the city’s steady support at many levels.”
“Hall Office Park’s new project can’t get built fast enough,” said James Gandy, president of the Frisco Economic Development Corporation. “The availability of vacant office space in Frisco is extremely limited. In fact, increasing commercial office space is a strategic goal for our city leadership. The city is committed to helping businesses find a home here and expand when ready. That’s why 3001 Dallas Parkway will be a big part of our future, and the opportunity to bring new companies to Frisco.”
Constructed with the latest advanced technologies, 3001 Dallas Parkway will contain efficient and flexible 25,000-square-foot floor plates. A two-story, light-filled atrium lobby will feature a combination of high-end finishes and important works of art and sculpture from The Hall Collection. For a key tenant, top-of-building signage prominently positioned in the new Frisco skyline and visible by travelers on the Dallas North Tollway will provide an exclusive and priceless branding opportunity.
3001 Dallas Parkway was designed by HKS Inc. Turner Construction is the general contractor and JP Morgan Chase is the lender.
Hall Financial Group has maintained a steady development pace at Hall Office Park since opening its first speculative building in early 1998. Today, 15 buildings with 2 million square feet of space are complete and 98 percent leased to a prestigious roster of 170 tenant companies with an employee population of 6,500. Building types range from low-rise office to Class AA towers and are occupied by a broad mix of businesses from emerging entrepreneurs to international corporate powerhouses. Hall Office Park has successfully attracted and been able to retain some of the most sought-after tenants in the market.
Craig Hall’s original vision for the 162 acres of Frisco land was to create a progressive work environment offering lifestyle amenities, artistic beauty and timesaving, on-site business services – all designed to help tenants be more creative and productive, ultimately improving the bottom-line success of their businesses. That vision is unchanged today and companies at Hall Office Park enjoy the stability of knowing they can count on concerned and consistent ownership and management and the ability to move and expand within the park as needed.
Among the park’s extensive lifestyle amenities is The Hall Collection featuring the Texas Sculpture Garden. The renowned Texas Sculpture Garden is the largest private collection of contemporary sculpture by Texas artists ever assembled and made available to the public free of charge. For more information, visit www.hallofficepark.com and www.texassculpturegarden.org.
ABOUT HALL FINANCIAL GROUP
Founded in 1968, Hall Financial Group is owned by Craig Hall and family. Diversified holdings include active operations in commercial real estate development, ownership and management; software application development; structured finance lending for real estate and other areas; vineyards and wineries; and oil and gas. For more information, visit www.hallfinancial.com.