IN THE NEWS

Fiserv lands in Frisco Station with big office lease for hundreds of workers

A big office lease in Frisco has almost filled up a new building near the Dallas North Tollway. StartFragment Wisconsin-based financial services technology firm Fiserv plans to shift 600 workers to the new Frisco Station development on Warren Parkway. Fiserv, which has a smaller office in Frisco's Hall Park, is leasing about 75,000 square feet in the Offices One building at Frisco Station. Show Full Story "The move is expected to take place in the first half of 2019," Fiserv's director of public relations Ann Cave said. "We will bring together approximately 600 associates from multiple existing Dallas-area Fiserv locations." StartFragment The company also has workers located in Dallas, Las

Take a look inside Scottish Rite's new sports medicine center in Frisco

The five story, 345,000 square-foot campus sits on nearly 10 acres adjacent to the Dallas Cowboys' Star in Frisco. Jake Dean Outdoor amenities will include playing fields, a walking trail and a playground for patients and the community. Jake Dean The Colorful spiral staircase anchors the Frisco campus' lobby. Jake Dean A hanging art installation is unwrapped in the lobby. Jake Dean The Frisco campus will provide an ambulatory care center, outpatient clinics and orthopedic day surgery. Jake Dean The Center for Excellence in Sports Medicine department will include movement science, concussion care and physical and occupational therapy services. Jake Dean The Center for Excellence in Sports Med

Construction to begin on new Frisco Station office building

A Missouri-based real estate developer announced it will begin construction this month on a six-story office building at Frisco Station across from The Star. VanTrust Real Estate will develop The Offices Two, the second of five planned mid-rise office buildings in the 242-acre mixed-use project near the Dallas North Tollway and Warren Parkway. Mike Berry, president of Hillwood, Frisco Station’s master developer, said the goal is to bring more companies into the $1.8 billion development, which is already teeming with energy from new growth and the activity around The Star. “What we’re trying to do is kind of build off of all that, and the biggest thing we need to focus on is to bring more com

American Airlines CEO makes the case why DFW should get Amazon's HQ2

Doug Parker knows what it's like to relocate your life to another city. He did just that when he relocated from Phoenix to Dallas-Fort Worth to take the job at American Airlines after it merged with US Airways. Speaking to an audience at the North Texas Commission Annual Luncheon on Tuesday, the chief executive officer of American Airlines Group, Inc. (NASDAQ: AAL) stressed how clean the transition was moving from Arizona to North Texas. The area's livability is a main reason why he thinks Amazon.com, Inc. (NASDAQ: AMZN) should choose DFW as the site for its second headquarters, dubbed HQ2. "I think Dallas-Fort Worth is a phenomenal place to be," Parker said. "We know as well as anybody havi

Amazon may open as many as 3,000 cashierless convenience stores

Amazon.com Inc. is considering a plan to open as many as 3,000 new AmazonGo cashierless stores in the next few years, according to people familiar with matter, an aggressive and costly expansion that would threaten convenience chains like 7-Eleven Inc., quick-service sandwich shops like Subway and Panera Bread, and mom-and-pop pizzerias and taco trucks. Chief Executive Officer Jeff Bezos sees eliminating meal-time logjams in busy cities as the best way for Amazon to reinvent the brick-and-mortar shopping experience, where most spending still occurs. But he's still experimenting with the best format: a convenience store that sells fresh prepared foods as well as a limited grocery selection si

Dallas fares well in operating cost comparisons for Amazon’s HQ2

Dallas fares well in a comparison of costs of operating Amazon's second headquarters in 20 finalist cities, according to an analysis prepared by a global site selection firm. The Boyd Co., a New Jersey-based location consultancy, compared the costs of payroll and benefits, electricity, amortization, property and sales tax for an “Amazon HQ2-like” corporate headquarters with 50,000 employees and 8 million square feet of Class A office space. Startup and relocation costs were not considered. Dallas ranked seventh cheapest among the 20 Amazon (Nasdaq: AMZN) HQ2 finalists, with a total annual operating cost of slightly over $7.1 billion. Show Full Story That’s 22.5 percent lower than the $8.7 b

Frisco, Texas named the best city to live in the United States

PHOTOS: Best places to live StartFragment Texans will always tell you Texas is the best place to live. But Money magazine and Realtor.com have something to say about that. >>Here are the nation's top 20 places, according to their study... Photo: Daniel Birnbaum/Getty Images 1. Frisco, Texas Photo: Glowimages/Getty Images/Glowimages RF StartFragment20. Bethesda, Md.EndFragment Photo: Malcolm MacGregor/Getty Images 19. Murfreesboro, Tenn. Photo: Istock/Getty Images 18. Broomfield, Colo. Photo: Zachary Miller/Getty Images 17. Eastvale, Calif. Photo: Getty Images 16. Flower Mound, Texas Photo: IStock/Getty Images 15. Overland Park, Kan. Photo: Getty Images 14. Rogers, Arkansas Photo: Heather Shi

Frisco Expects 50% Population Growth in a Decade

Bascom acquired Jefferson Stonebriar, a newly built 424-unit class-A multifamily community in Frisco from the developer, JPI, and the area has recorded record-setting population and economic expansion. FRISCO, TX—Frisco has recorded record-setting population and economic expansion, with the population increasing 30% during the past five years and projected to increase another 25% during the same period. Recently, the Bascom Group LLC acquired Jefferson Stonebriar, a newly built 424-unit class-A multifamily community located in this high-growth city. Bascom acquired the property from the developer, JPI. The purchase price was undisclosed. Debt financing was arranged by Tip Strickland and Brad

Exclusive: Dallas-Fort Worth area nabs another Fortune 500 company with headquarters relocation to W

Core-Mark, a Fortune 500 company based in San Francisco, plans to relocate its corporate headquarters to Westlake in 2019. Scott McPherson, president and CEO of Core­Mark Holding Co. Inc. (Nasdaq: CORE), announced the move in an Aug. 7 earnings call, according to a transcript from Seeking Alpha. Show Full Story "Recently, we have finalized plans to relocate Core-Mark’s corporate headquarters to the Dallas-Fort Worth area,” McPherson said. “The move will take place during the first half of 2019. The cost of operating out of the San Francisco Bay Area (is) high, and while San Francisco is our longtime home, the business has expanded dramatically over the years.” Dallas offers more favorable o

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