This package was originally published in Dallas-Fort Worth Real Estate Review.
One of the first companies to catch the vision for Cypress Waters was Nationstar Mortgage Holdings Inc., which will take occupancy of its new 175,585-square-foot headquarters within the development before the end of the year. The move allows the company to trim its five North Texas locations to four—with the flexibility to consolidate even more in the future, says John Hoffman, Nationstar’s senior vice president of corporate communication.
Initially, about 1,000 employees will move to Cypress Waters. “It’s definitely going to help us improve communication by bringing us together,” Hoffman says.
The development’s central location within the region and environmentally friendly approach were other key considerations.
Designed by Omniplan, the Cypress Waters office building provides an efficient environment, with an open-space layout and plenty of meeting and collaboration areas.
When Nationstar’s predecessor company moved to Texas in 1997, it made its home in Dallas. “For the past decade or so, we’ve been in Lewisville, which has been a wonderful community for us,” Hoffman says. “Now, though, we are extremely excited about returning to Dallas with our move to Cypress Waters. As we move to this dynamic new campus, we’re going home—and we couldn’t be happier.”
KEY PLAYERS
Developer: Billingsley Co.
Architect: Omniplan
Landscape Architect: StudioOutside
General Contractor: McFadden & Miller
Tenant Representative: Avison Young
This story originally appeared in the Dallas-Fort Worth Real Estate Review.
Read all stories from the Cypress Waters Anatomy of a Deal package:
Creating a Lakeside Legacy
7-Eleven’s New Heaven
Nation Building
Workplace of the Future
A New Multifamily Paradigm
The 25-Year Vision
Educating for the Future
Embracing the Great Outdoors
A Time to Be Bold: Lucy Billingsley
Read the digital edition of Dallas Innovates’ sister publication, the Real Estate Review, on Issuu.
Sign up for the digital alert here.
Get on the list.
Dallas Innovates, every day.
Sign up to keep your eye on what’s new and next in Dallas-Fort Worth, every day.
R E A D N E X T
-
Vision2 Systems, a fast-growing online giving platform designed for churches, will use the $2.8 million investment for expansion.
-
North Texas has plenty to see, hear, and watch. Here are our editors' picks. Plus, you'll find more selections to "save the date."
-
Built in 1888, The Continental Gin Building in Deep Ellum was the largest cotton processing equipment manufacturing operation in the U.S. and has served as space for artists. Now "The Gin" has been reimagined as a hospitality-focused, mixed-use destination that can—once again—serve as a hub of innovation.
-
Here's people from UT Dallas, NuVinAir, Caris Life Sciences, and Bottle Rocket who are making moves.
-
The Dallas company has created an advocacy committee of education, nonprofit, business, and real estate leaders in order to further its "Building Solutions for Brighter Futures" campaign.
