Comerica checks into Cowboys’ Star

Comerica bank just inked a 100,000-square-foot lease in Jerry Jones’ Star development in Frisco.

The Star is a 91-acre mixed-use project built by Jones’ Blue Star Land and Lincoln Property Co. It includes the headquarters and practice field of Jones’ Dallas Cowboys football franchise, the Ford Center indoor stadium, an Omni Hotel, a shopping center, and the Texas headquarters of beverage firm Keurig Dr Pepper.

Dallas-based Comerica is the second big financial firm tenant to enter the $1.5 billion development. Earlier this year, New York-based Teachers Insurance and Annuity Association — one of the country’s largest pension funds and financial advisers — said it is moving 2,000 jobs to the development.

Comerica will be taking over the top three floors of a new 11-story Star office tower, which began construction last year. With Comerica’s lease, the high-rise at 17 Cowboys Way is sitting pretty before its opening next year.

“We are over 50 percent leased, and if we get some other tenants we are working with could be 75 percent,” said Blue Star president and general manager Joe Hickman.

Most of the expected 300 workers expected to be housed in the Frisco facility are already located in the Dallas-Fort Worth metroplex, according to Comerica’s Megan Crespi.

The bank’s headquarters will remain in downtown Dallas, the Dallas Morning News reports. Crespi says a few of her colleagues will make the move to Frisco but there will be a lot of new hires.

Read more

Commercial

Dallas

NAI Partners announces new Dallas office amid rebrand as "Partners"

Residential

Texas

Broker headcount soared as firms took $457M in PPP cash

— Maddy Sperling