Rendering of Elevar, a creative office and tech hub in Plano. [Image: Cushman & Wakefield]
The former “SMU in Plano” campus, a four-building, 16-acre site at at 5228 Tennyson Parkway, is being renovated into a creative office and tech hub called Elevar, the Dallas Morning News reports, and is scheduled for completion between July and September.
Elevar will feature a training and conference center that seats over 40, a bistro lounge, and a fitness center. High-speed fiber optic internet connectivity and EV charging stations will also be available.
“This concept is completely new to the North Texas office market and will meet the demand for companies looking for a unique, creative setting with best-in-class amenities,” Cushman & Wakefield’s Clint Madison told the DMN.
SMU sold the complex in 2018, moving its Plano-based programs back to its main campus. California-based Alvarez and Marsal Capital Real Estate are heading up the redevelopment project, the DMN reports.
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
Plano ISD partners with Capital One for the Savings Success program to take some of the myths out of money and turn them into financial facts.
Paul Quinn College President Michael Sorrell has a vision for a global network of Urban Work Colleges that take aim at intergenerational poverty and "smash it." The first one opened in Plano in 2018. Accepting a leadership award from the Collin County Business Alliance, Sorrell asked his staff and students to stand up. Why? Because "they're going to come see you and talk to you about hiring students to work at your companies," Sorrell told the audience filled with local business leaders. "And I want everyone to practice this with me: 'Yes.'
SMU has announced two new appointments to its ranks. Robin Poston and Jason P. Nance will serve as the Dean of the Moody School of Graduate and Advanced Studies and Dedman School of Law, respectively. Jason P. Nance, an education policy and law scholar who studies inequalities in public education, will join SMU’s Dedman School of Law as the Judge James Noel Dean in August. He comes to SMU from the University of Florida Levin College of Law, where he is associate dean for research and faculty development and a professor of law. “The Dedman School of Law aspires both…
Collectively, the 100 privately held companies contributed $9 billion to the Dallas-Fort Worth economy from 2019 to 2021—creating over 12,000 jobs with average sales growth of 141%. Irving-based ShiftKey, which connects healthcare professionals with healthcare facilities that have immediate shift vacancies, took the top spot in the annual rankings. Here's the complete list.
William Spears, founder and CEO of Dallas-based sustainability solutions firm Cenergistic, has given SMU the largest donation from a non-alum in its more than century-long history. The gift will be used to set up the William S. Spears Institute for Entrepreneurial Leadership within the Cox School of Business, as well as the Spears Accelerator, to help get student- and faculty-formed businesses off the ground, and other entrepreneur-supporting efforts.