November 30, 2016
Richardson, Texas – Transwestern Development Co. today announces 3400 @ CityLine has been recognized at the 34th annual Richardson EDGE Awards as the 2016 Commercial Real Estate Project winner. 3400 @ CityLine is the first speculative office building that has been built in Richardson in more than 15 years. The 310,000-square-foot project broke ground in June at 3400 N. Central Expressway, adjacent to the 183-acre CityLine campus.
“This award is a true honor and testament to the special quality inherent to 3400 @ CityLine,” said Transwestern Development Co. Principal Reid Caldwell. “Our project will complement the landmark beauty of CityLine and add another iconic visual to the city of Richardson. We’re grateful to everyone who has helped make this project something truly special.”
Caldwell, who oversees the project, has successfully managed and developed previous projects in Richardson, including Tower 2600 and Collins Crossing. He accepted the award on behalf of Transwestern Development Co. in a video, available here.
EDGE is the Economic Development, Growth and Expansion initiative of the Richardson Economic Development Partnership (REDP). Each year, REDP, the Richardson Chamber of Commerce and the Richardson Rotary Clubs recognize Richardson companies and organizations that have achieved extraordinary success or made a significant investment in Richardson.
ABOUT TRANSWESTERN DEVELOPMENT COMPANY
Transwestern Development Company is a diversified business with expertise and experience in all commercial property types. The firm executes projects through a variety of venture and contract structures and has been creating commercial landmarks for itself, its partners and valued customers throughout the U.S. since 1978. Transwestern Development Co. operates as a principal, investing capital alongside its institutional equity partners in the development of speculative and build-to-suit projects, and as a fee developer for clients and user-owners. The company has amassed valuable experience in construction, design, sustainability, leasing, acquisitions, finance and asset management. As a member of the Transwestern family of companies, the firm capitalizes on the market insights and operational expertise of its affiliates, which include a diversified real estate services firm with 34 U.S. offices and a real estate investment management company. Please visit transwesterndevelopment.com for more information.