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Monday, June 02, 2014
Nationstar Mortgage is moving its headquarters to the Cypress Waters development northwest of Dallas
Nationstar Mortgage's new building is under construction on the north side of LBJ Freeway near Belt Line Road. (Nationstar)
Nationstar Mortgage is moving its headquarters to the new Cypress Waters development on LBJ Freeway, northwest of Dallas.
The company will move 1,300 workers to the 3-story office building under construction on Cypress Waters Boulevard east of Belt Line Road.
“Relocating Nationstar’s headquarters to Cypress Waters will allow us to improve efficiency as we consolidate from five current locations in D-FW to four,” Doug Gordon, Nationstar Mortgage vice president, said in a statement. “It will reduce our overall costs, provide a very productive, open space design for our employees with double the meeting and team collaboration space, and also give us the flexibility to grow and expand based on our needs in the future.”
The building is under construction and will ready later this year.
Billingsley Co. is building the 175,585 square-foot office project which will be ready late this year.
Nationstar is now based in Lewisville and is one of the country’s largest mortgage servicing and origination firms.
The company also has a large office with a call center in Irving, close to the new headquarters location.
Nationstar is the latest company to decide to locate a new office in the 1,000-acre Cypress Waters development. The project is planned for 4 million square feet of office space, shopping and more than 10,000 apartments and houses.