PLANO – A former Southern Methodist University (SMU) satellite campus in Plano is being redeveloped into a creative office and technology hub.
ELEVAR will accommodate media, entertainment, technology, and research and development companies in single- or multi-tenant configurations.
Alvarez & Marsal Capital Real Estate is leading the project.
The 204,000-sf upgraded campus will open in third quarter 2023.
SMU sold the campus in 2018 and moved all its local operations back to the main campus in University Park.
The Texas Real Estate Research Center has more on DFW real estate news:
Source: Connect CRE