Work will start this summer on 7-Elevens new Irving headquarters

Developer Billingsley Co.s Cypress Waters development on LBJ Freeway already has four office buildings under construction, and another will start soon.

7-Elevens building starts this summer, CEO Lucy Billingsley said. Within two years, we will have 900,000 square feet of offices open and occupied.

Billingsley was on hand Friday at the 1,000-acre project to dedicate a park and tour the office construction. Overlooking the green space, construction is underway for a 175,585-square-foot headquarters for Nationstar Mortgage.

Across from Nationstar, a multitenant building thats in the works will open in a couple of months. And a second speculative building is being developed up the street.

A nearby office building is being built for the home office of the Cheddars Casual Cafe chain.

7-Eleven is moving its headquarters from downtown Dallas to a 300,000-square-foot office building that Billingsley will construct just north of LBJ Freeway. The city of Irving has agreed to more than $10 million in economic incentives to lure 7-Eleven from Dallas.

Billingsley said Cypress Waters which started in 2011 is ahead of expectations.

Weve had great activity out there, said Moody Younger, whose firm is marketing the project. There is a lot more to come.

The five office buildings will house thousands of workers.

We are thrilled with that as a launch, Billingsley said. When we are built out, we can be 4 million square feet of office that would be 20 office buildings.

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Work will start this summer on 7-Elevens new Irving headquarters