Monday, May 06, 2013

City of Allen building $70M spec office park

A rebounding and ultra-competitive market has one Dallas-area suburb racing to find space for corporate tenants.
The initial phase of the $70 million AllenPlace — a four-building, 468,000-square-foot Class A development off North Central Expressway between McDermott and Bethany roads — is expected to break ground by September.
That project is imperative to the future of Allen’s corporate recruitment, said Harry Whalen, executive director and CEO ofAllen Economic Development Corp. in an exclusive interview with the Dallas Business Journal.
“This field will become hundreds, if not thousands of jobs within the five-year build-out,” Whalen said, as he toured the ...

Staff Writer-Dallas Business Journal