Comerica announced it was opening the Frisco Business and Innovation Hub in a new office tower at 17 Cowboys Way, according to a news release. The building is under construction with Comerica’s tenant construction slated to start later this year. The hub is expected to open between late 2023 and early 2024, according to the release.

The new space will prioritize collaboration with enhanced technology to support mobility and will house about 300 Comerica employees from a variety of teams. Comerica will occupy retail space on the first floor of the building to support a banking center, customer entertainment and a community resources center, according to the release.

“Frisco is known for cultivating an exceptional environment for businesses to thrive,” Comerica’s Texas Market President Brian Foley said in a statement. “The hub’s on-site amenities and prominent location will help to support our company’s vision for future growth, including our ability to attract and retain top talent.”