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Transwestern Lands Management Assignment for New 186-Acre Project Being Developed in Richardson, TX

7/03/14

Transwestern has been awarded the property and facilities management for CityLine, a 186-acre, mixed-use project being developed by Dallas-based KDC. The project is currently under construction at the southeast corner of Hwy 75 and the President George Bush Turnpike in Richardson, TX.

The project features 2 msf of office space to be leased by State Farm Insurance, 1,700 apartment units, a boutique hotel and entertainment center, a medical office facility, a Dallas-area Rapid Transit stop and a 3.5-acre park. Transwestern will manage all aspects of property operations, tenant relationships, mixed-use enrichment programs and comprehensive accounting and financial reporting.

The first phase of development is scheduled for completion in June 2015. State Farm will begin using the CityLine facility in Richardson beginning in late 2014, with employees beginning to occupy the facility throughout 2015.

For Transwestern, this project is the largest mixed-use property / facilities management assignment the company has undertaken in the state’s central region.






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