It seems that most of the new buildings announced in the last couple of years have been in west Plano, Frisco or Richardson. So it’s nice to hear about something happening further north in Allen.
TIG Real Estate Services is about to break ground on a $31 million office building on the Sam Rayburn Tollway between Stacy Road and Watters Road. It will be six stories and 154,000 square feet. The Allen Economic Development Corporation owns a lot of land in that area and really wants office building development. Office buildings bring good jobs. TIG has optioned 8 acres for this project.
The building will be called Ridgeview Business Center and is the first office building on the Allen side of the Sam Rayburn Tollway. On the McKinney side of the Tollway, there is one building – Valliance Plaza – which has been there a few years.
Bob Gibbons is a Real Estate Advisor & Tenant Advocate with REATA Commercial Realty, Inc. which is a tenant advisory firm based in Plano, Texas. Bob serves companies in Plano, Frisco, McKinney, Allen, Richardson, Addison, Dallas and the surrounding areas and specializes in companies which lease or buy office and warehouse properties.