Texas Capital Bank plans to open Richardson campus in 2023

Texas Capital Bank is expected to move to a campus at 1001 E. Lookout Dr. in Richardson by the end of 2023. (Emily Davis/Community Impact Newspaper)

Texas Capital Bank has announced that it will move 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 establish a campus at 1001 E. Lookout Dr. in Richardson. In line with the Bank’s overall strategy, the decision to relocate and consolidate its real estate portfolio reflects its commitment to serve the best clients by being present in key market locations.

“As we aim to be the employer of choice for those interested in developing their careers in financial services and technology, this workspace allows us to provide premium accommodations for our hardworking and talented teams,” Texas Capital Bank Executive Vice Chairman John Cummings said in a statement. “We are very excited to make this our North Dallas campus and really appreciate the partnership between Blue Cross and Blue Shield of Texas.”

Texas Capital Bank is a full-service financial services company that was founded in 1998. According to a press release, the new offices will give Texas Capital Bank the space and capacity to manage its technology and operations teams.

“We are delighted to welcome Texas Capital Bank as a long-term tenant of our Richardson office,” BCBSTX President James Springfield said in a statement. “This agreement is intended to optimize our resources and be an integral part of the growing business community in Richardson and throughout the state.”

The 1 million square foot campus opened in 2010. The site includes two buildings, a multi-story parking lot, a 15-room conference center and a 300-seat auditorium.

Texas Capital Bank has begun programming design and planning for the campus, which is expected to open by the fourth quarter of 2023.

“Providing premium office space for our growing employee population is of the utmost importance to Texas Capital Bank,” Texas Capital Bank Executive Vice President Catherine Zalatoris said in a statement. “Our new real estate footprint in Richardson will enhance the employee and guest experience. »

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