The headquarters and bank will make up just over half of the four-story, 120,000-square-foot building located at 3930 Dallas Parkway, Plano; space remains available for lease on its first and fourth floors. The development will also offer a fully equipped fitness center and four parking spaces for every 1,000 square feet of space, according to an Oct. 19 release from Cawley Partners.
Groundbreaking for The Parkwood took place Oct. 19 and included members of Cawley Partners, First United Bank and the Haggard family, the release said.
"This is a huge accomplishment for all parties involved," said Bill Cawley, chairman and CEO of Cawley Partners, in the release. "We are thrilled to partner with the Haggard family and First United Bank to bring a such a high-end office development to this area of Plano. This is also an important day because it shows North Texans are ready to move forward and look to the future of the workplace."
The building for the mortgage and insurance company's new headquarters will be built on part of the Haggard family's farm, just off Dallas North Tollway and Windhaven Parkway. First United operates more than 85 bank, mortgage and insurance locations in Oklahoma and Texas.
