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Granite Park adding sixth tower


Granite Park Office Campus

Hard to believe but the GRANITE PARK  office campus was started 17 years ago.  Located at DNT and SH 121 it was on the edge of town in 1999 and The Shops At Legacy weren’t even there and Stonebriar Mall across the street wasn’t built. With all the corporate moves coming to Legacy West the immediate area will be adding almost 20,000 jobs in the Legacy area. The major corporations bringing those jobs are Toyota, FedEx, Liberty Mutual and most recently JP Morgan Chase with their consolidation of 14 offices in North Texas which will represent 30% or 6,000 of the 20,000 new jobs in the Legacy area.

Greg Fuller of the Dallas area Granite Properties office is  responsible for the 90 acre Granite Park project.  And within the next 90 days or so Granite Properties will break ground of its sixth office tower at Granite Park.  The 10 story, 330,000 square foot building will house the regional offices for mortgage giant Fannie Mae. Also on the drawing board GRANITE is designing two more office high rises – including  20 story tower fronting on  SH 121. With 1.5 million square feet of office space on the ground currently and the additionally two new development sites will be adding another 1 million square feet to Granite Park thereby bringing total square footage of the development to 2.5 million square feet.

Major office tenants at Granite Park include Heartland Payment Systems, Guardian Life Insurance, Wells Fargo, Ford Motor, FM Global, Siemens and NTT Data. Based on these major office tenants the developer added a 299 room Hilton Hotel in 2014.  Granite Park also has under construction a 29,000 square foot shopping center fronting on SH 121 at DNT which will include 11 restaurants.  This shopping center and the 11 restaurants are being built specifically for the intent of servicing the Granite Park office tenants.

TAKEAWAY: In April, 1997  when developers bought the Granite Park site, all four corners of the tollway and 121 were vacant and the highway was a four lane road.   So how does that adage go…. ‘build it and they will come’.  Needless to say here’s the proof of the pudding of those six words.

About Terry Smith

Passionate about real estate, positive problem solver, specialty boutique real estate brokerage that does things your way! A full-time Broker & REALTOR®, helping people buy and sell homes in the Dallas - Plano area. Whether you're a buyer just starting out or someone with luxury properties to sell. I have extensive knowledge and experience to help you with your real estate transaction. I am a native Dallasite. Have questions? Ask me. You can find me on Google+ and Pinterest.

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