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NewcrestImage Breaks Ground On Class A Office Building For New Headquarters Location

9/12/2019

NewcrestImage has started construction on an 80,000 sq. ft., four-floor office building in Grapevine, Texas, within the company’s 52-acre SilverLake Crossings master-planned development, about two miles north of DFW Airport.

NewcrestImage Office Building SilverLake DallasThe company’s headquarters will occupy one floor of the building when it is completed in the summer of 2020, with the remaining 60,000 sq. ft. available for lease on a multi-tenant basis.

“Our hotels provide travelers with a comfortable, upscale home on the road,” explained Mehul Patel, Chairman and CEO of NewcrestImage.  “Now our proven attention to quality and innovation is creating premium Class A office space to serve as a signature home for our corporate office, as well as for tenants who value being located in a walkable multi-use neighborhood.”

The new building will combine state-of-art technology, energy efficiency, and amenities, along with landmark architecture, earth-friendly materials, and dramatic aesthetics, notably generous use of natural light.

SilverLake Crossings features 400 residential units plus 30,000 sq. ft. of retail and dining options, alongside 15 acres of park land that includes nature trails and a six-acre lake for fishing, kayaking, canoeing, and paddle boating.

SilverLake Crossings also includes six of NewcrestImage’s hotels – four are in various stages of construction or development as part of a 702-room “hotel campus” plus there is a 301-room dual brand property that the company has operated since 2013.

“This is a dynamic micro-community that offers lots of convenient options and amenities for our hotel guests, our employees, and our tenants,” added Patel.

NewcrestImage has selected Chris Taylor and Christy Thelen of Cushman & Wakefield to consult on the design and to perform leasing of the building’s available 60,000 sq. ft.

“NewcrestImage will deliver an office building that offers companies the appeal of the SilverLake Crossings work-live-play masterplan,” said Chris Taylor, Executive Managing Director of Cushman & Wakefield.  “Today’s tenants want to locate their office within a special and unique environment with multiple walkable amenities that help them attract and retain employees.”

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