Bank of America plans to occupy more than 60,000 square feet of space within two floors. The move is expected to take place by early 2017.
With the move, the company will be co-locating about 200 employees from Bank of America and other brands of the company—including Merrill Lynch and U.S. Trust—into this office. According to the company, having employees from these different brands in the same location will allow them to closer work together across departments.
Employees from Bank of America, Merrill Lynch, U.S. Trust and other divisions will office out of The Star in Frisco.[/caption]
“We are pleased to be the first tenants at The Star, which expands our longstanding business relationship with the Jones family,” Richard Holt, Bank of America president for the Dallas market, said in a news release. “This new location is part of our strategy to co-locate our Merrill Lynch, U.S. Trust, global commercial banking and business banking teams so they can better collaborate and deepen client relationships.”
The Star’s 398,000-square-foot office building currently houses the Dallas Cowboys’ business operations. More corporations are expected to move into the building in the coming years.
“Including nearly 400,000 square feet of commercial office space at The Star allows us to attract some of North Texas’ finest businesses to be our neighbors in Frisco,” Stephen Jones, executive vice president and chief operating officer of Blue Star Land, said in a news release. “It’s also exciting to think the Dallas Cowboys will share such a world-class facility with Bank of America.”
At 91 acres, The Star development also includes retail, restaurant, hotel and medical space. Among the tenants who are moving into The Star include Omni Hotel; Baylor, Scott & White Sports Therapy & Research at The Star; Liberty Burger; Mi Cocina; Nestle Toll House Café By Chip; and Neighborhood Services.