State Farm Insurance is building a big regional office campus in Richardson, TX, near State Hwy. 190. It is reported to become the largest office development in the Dallas-Fort Worth area.
Late last year, developer KDC said the State Farm office complex would be about 1.5 million square feet.
But in the almost six months since word of the project came out, the office complex has grown by almost another 1 million square feet, real estate sources say.
That will make it one of the largest corporate office projects ever built in the Dallas area–on par with the huge Electronic Data Systems headquarters built in Plano starting in the 1980s. A campus that size can easily house somewhere up to 8,000 workers.
General contractor Austin Commercial is building the State Farm project, the first phase of which will be ready in the fall of 2014.
The almost 10-acre project is being financed by J.P. Morgan Chase. Looking around Texas, only Exxon Mobil’s new Houston campus is bigger than the State Farm project.