North Texas continues to attract new and larger businesses. Now Comerica Bank has announcement that construction of its new office tower at The Star in Frisco will begin later this year and is expected to open between late 2023 and early 2024.
The business and innovation building will complement Comerica’s headquarters in downtown Dallas, where executive offices, commercial banking, wealth management and other business units will continue to operate.
“This represents a significant investment in Comerica’s strategic vision,” Megan Crespi, executive vice president and director of technology and business services for the company, said in an official statement. “Expanding our headquarters footprint to one of the most sought-after locations for business and innovation in the United States positions our bank for future success.”
As previously covered by Local profile, North Texas is becoming an attractive destination for businesses in different fields, especially the technology industry. It’s no wonder Comerica wants to set up a new space including an innovation center to test new concepts and a tech genius bar in Frisco after other tech companies called dibs on spots around town.
“Frisco is known for cultivating an exceptional environment for businesses to thrive,” said Brian Foley, President of Comerica’s Texas Market. “The hub’s on-site amenities and prime location will help support our company’s vision for future growth, including our ability to attract and retain top talent.
Comerica will also come with employment opportunities for the region. The new building is expected to house approximately 300 workers from various teams, including technology and product management to front-line business units, and will include learning and interview centers at the new human resources office.
The company hopes The Star’s mixed-use campus will provide colleagues with entertainment, sports, retail, residential and educational opportunities that will further enhance the worker experience and help attract new talent in the process.