Everything you wanted to know about the Urban Core, Uptown and Downtown Dallas, Texas & Dallas Ft. Worth Area Real Estate - Its growth, prosperity, setbacks and unprecedented revitalization is told here...Randall Turner of Harvard Companies, Inc 214-373-0007, 3500 Oak Lawn Avenue, Suite 325, Dallas, Texas 75219
Friday, February 06, 2015
Sentinel Capital to break ground on $90M office campus in Allen
Houston-based developer Sentinel Capital LLC, in partnership
with Centra Partners LLC and Triad Real Estate, plans to break ground on a $90
million, five-building office complex named Allen Place on Wednesday.
An artist’s rendering of the future Allen home of KONE, a
global elevator and escalator company.
A groundbreaking was scheduled after the development group
signed a massive deal with global elevator and escalator company KONE Inc. this
The developer plans to start on the $26 million initial
portion of the 22.5-acre office campus on the east side of North Central
Expressway between Bethany and McDermott drives. At build-out, AllenPlace will
total 700,000 square feet of space.
The KONE lease totals more than 169,000 square feet of
office space and will help accommodate some of its Mexican division that's
relocating to North Texas.
Allen Economic Development Corp. has been working with the
development group to bring more office space to the northern suburb, which has
a low vacancy rate.
The groundbreaking ceremony is scheduled for 1:30 p.m. on
Wednesday at the site at 500 Century Parkway in Allen.