On June 16, Texas Capital Bancshares Inc., the parent company of Dallas-based Texas Capital Bank, announced that it will relocate and unite its Richardson offices and banking center to a new campus by the fourth quarter of 2023. Texas Capital Bank has signed a 15-year lease with Blue Cross and Blue Shield of Texas and will occupy four floors in one of its Texas headquarters buildings located at 1001 E. Lookout Dr. in Richardson.
“The relocation of our offices in Richardson to one unified campus allows us to effectively and efficiently build the talent and resources of our technology and operations departments,” says John Cummings, executive vice president/chief administrative officer.
The new location provides Texas Capital Bank with the capacity and upgrades needed for its technology and operations teams to work comfortably and collaboratively as the departments continue to grow and serve the evolving needs of the bank’s clients.
“This agreement is about optimizing our resources and being a fully integrated part of the growing business community in Richardson and across the state,” says James Springfield, president of Blue Cross and Blue Shield of Texas. “Like us, Texas Capital Bank is committed to being a good community partner and we’re happy to have their employees become our new neighbors.”
The 1.05-million-square-feet Blue Cross and Blue Shield of Texas campus, located southeast of Central Expressway and President George Bush Turnpike, opened in 2010 and encompasses two buildings, a multistory parking garage and a host of amenities, including an on-site cafeteria, conference center equipped with 15 meeting rooms, an auditorium that seats 300 people and a complete fitness center featuring a private dance studio and locker rooms. Texas Capital Bank has begun design and programming planning for its North Dallas campus to meet the future needs of its employees and clients.
“It is of the utmost importance for Texas Capital Bank to provide premium office spaces for our growing population of employees, and our new real estate footprint in Richardson will allow for an improved employee and client experience,” says Catherine Zalatoris, Texas Capital Bank’s executive vice president/head of corporate real estate.
Established in 1998, Texas Capital Bank operates offices in Dallas, Austin, Houston, San Antonio and Fort Worth.