Monday, August 03, 2015
Cawley Partners starts office project for Alcatel-Lucent
Dallas developer Cawley Partners has started construction on an office building in Plano for Alcatel-Lucent.
The 250,000 square foot, 4-story office is being built at Independence Parkway and Lotus Drive. It will house the regional headquarters for the telecom firm, which is consolidating operations from two older office buildings on the same campus in Plano.
Cawley Partners is building the project in a joint venture with investor PCCP LLC of California.
Bank of the Ozarks has provided the construction financing. The building was designed by Morrison Dillworth + Walls. Hill & Wilkinson is the general contractor.
The project is scheduled to be completed by third quarter of 2016.
“We are excited to be partnering with such a great leader in the telecommunications industry. This project gives us the opportunity to creatively design and build a cutting edge, consolidated, regional HQ for Alcatel-Lucent,” said developer Bill Cawley. The building will include state of the art labs, creative work areas and a rooftop terrace for their employees.
Along with the Alcatel-Lucent building, Cawley Partners is developing a 175,000 square foot office located at Legacy and Hedgcoxe in Plano, a 200,000 square foot building on the Dallas North Tollway in Addison and a 60,000 square foot building for the American College of Emergency Physicians near Dallas/Fort Worth International Airport.
Steve Brown/Dallas Morning News