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.”
Developer: Billingsley Co.
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
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
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