A $1.5 million office park development is under construction at the southeast corner of Preston Road and Hickory Street, according to the Texas Department of Licensing and Regulation. The first phase of the development is expected to be complete in March 2020 and will feature six new office buildings, said Bill Peavy, owner of Preston Hickory Office Park LLC. Two more phases will follow, and the project will include a total of 16 new office condominiums.