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When global real estate giant CBRE Group last year relocated its headquarters from Los Angeles to Dallas, company officials said the move wouldn’t bring a big shift in employment from California. Most of the company’s top officers were already located in Dallas. Now the Dallas City Council is considering a proposal to give CBRE a $250,000 grant and nominate the company for $3.45 million in ...Read More
The owner of FedEx Office’s Plano headquarters is planning to more than double the size of the office campus with a new building. Washington, D.C.-based PRP Real Estate Investment Management has owned the property in Legacy business park since 2017. FedEx occupies the 236,000-square-foot buildings on a long-term leased. The FedEx Office complex opened in 2015, on Legacy Drive just across the ...Read More
Cook Children’s Health Care System marked a symbolic milestone this month in the construction of its second hospital, starting a countdown to its 2022 grand opening on a 23-acre site in Prosper. The pediatric health group shared video with the public on Oct. 11 of a “topping out” ceremony in which the last beam was put into place on the Prosper campus of Cook Children’s Medical Center. ...Read More
BATON ROUGE, La. (AP) — Louisiana will receive $595 million in federal disaster block grant aid to help with housing restoration and other recovery needs from last year's back-to-back blows of Hurricanes Laura and Delta, the state's two U.S. senators announced Tuesday. While welcomed by officials as critical to rebuilding efforts in southwest Louisiana, the money falls far short of the ...Read More
Oct. 21—After hitting the pause button during the beginning of the coronavirus pandemic, ExxonMobil is back on track to open its $500 million polyolefin expansion by the end of 2022. The company began in 2019 and expected to complete construction this year but demand for vehicles plummeted and ExxonMobil slowed construction on the project until the market began to recover. ExxonMobil was ...Read More