Richardson | July 2022

Texas Capital Bank operates at 2350 Lakeside Blvd., Ste. 105, in Richardson. (Jackson King/Community Impact Newspaper) JACKSON KING/COMMUNITY IMPACT NEWSPAPER

FEATURED IMPACT COMING SOON Texas Capital Bank announced it will relocate to a new campus in Richardson in late 2023. Texas Capital Bank’s parent company, Texas Capital Bancshares Inc., signed a 15-year lease with Blue Cross and Blue Shield of Texas to move to the existing campus at 1001 E. Lookout Drive, Richardson. “As we aim to be the employer of choice for people interested in growing their careers in nancial services and technology, this workspace allows us to provide top-of-the-line accommodations for our hardworking and talented teams,” Chief Administrative Ocer John Cummings said in a statement. “We are very much looking forward to establishing this as our North Dallas Campus and truly appreciate the partnership of Blue Cross and Blue Shield of Texas.” Texas Capital Bank is a full-service nancial services rm that was founded in 1998. According to a press release, the new oces will give Texas Capital Bank the space and ability to run its outdoor space later this year. The soccer field facility is located at 1251 Digital Drive in Richardson. Facilities to be added in the expansion include a new exterior canopy, an expanded patio space and improve- ments on the outdoor soccer field. The in- terior bar is also expected to be remodeled as part of the renovations, according to company management. Executive Director Sharon Stringfellow said construction is expected to begin soon and will last 3-4 months. According to a Texas Department of Licensing and Regulation filing, the con- struction is expected to cost $1.3 million. Soccer Spectrum is open from 5 p.m.-1 a.m. Seven days a week. 972-644-8845. www.soccerspectrum.com IN THE NEWS 10 Fossil Group’s Richardson head- quarters were sold July 8 to a local real estate investment group, according to a company statement. JP Realty Part- ners stated it acquired the five-story, 536,000-square-foot property from

technology and operations teams. The 1 million-square-foot Blue Cross and Blue Shield campus opened in 2010. The site encompasses two buildings, a multistory parking garage, a 15-room conference center and a 300-seat auditorium. Texas Capital Bank has begun design and planning work for the campus, which is expected to open by the fourth quarter of 2023. “Our new real estate footprint in Richardson will allow for an improved employee and client experience,” Catherine Zalatoris, Texas Capital Bank executive vice president, said in a statement. 972-656-6700 (Lakeside Drive location). www.texascapitalbank.com

Call (972) 665-8313 or visit HomeInstead.com/278

ROUTH CREEK PKWY.

E. LOOKOUT DR.

previous business owner Swig Co. The headquarters are located at 901 S. Cen- tral Expressway and has been occupied by Fossil Group since March of 2011. The property includes 29 acres at the southeast corner of Spring Valley Road and Central Expressway, with 9.4 acres available to develop, according to mar- keting materials. 972-234-2525. www.fossilgroup.com CLOSINGS 11 The Communion Modern Diner permanently closed June 23, according to a sign posted on the diner’s door. The closure was caused by an “unprecedented price increase” from the diner’s vendors, the sign stated. The diner was located at 514 Lockwood Drive and was part of the Communion Neighborhood Cooperative, which also includes the Communion coffee shop and a coworking office space. www.communioncooperative.com/ coffee-eats

(214)-619-3555

RICHARDSON EDITION • JULY 2022