Posted Apr 15, 2016, 9:17 PM
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Join Date: Sep 2011
Location: Dallas
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EXCLUSIVE: Zales' parent Signet confirms building new office campus at Cypress Waters
Candace Carlisle
April 15, 2016
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The world's largest retail diamond jeweler — Signet Jewelers — has exclusively confirmed with the Dallas Business Journal that it plans to develop a new Dallas campus at Cypress Waters, which will include a 225,000-square-foot office building and a 31,000-square-foot manufacturing facility.
The two-building campus will sit lakeside in Cypress Waters and will give the Akron, Ohio-based jewelry company the ability to enhance its manufacturing capabilities in the region.
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"The campus will be newly constructed, allowing us to configure the space to best meet the needs of the business, while providing team members with a modern, comfortable working environment," he added. "The new building will be fully occupied by Signet team members and as Signet continues to evolve, the new campus allows for that transformation to continue."
The new manufacturing building will bolster Signet's manufacturing ability in the region to build diamond bracelets, jeweled rings and other intricate jewelry, with enough space for 150 employees to work. The facility also gives Signet the ability to better control its operational costs.
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"This will be the first building on the lake edge," Lantz, senior vice president of investments and build-to-suit activity for Billingsley, told the Dallas Business Journal. "We are starting the development of The Sound and the campus will overlook the water and this will be a great amenity for the employees that will office there."
The campus will connect to a six-mile hike-and-bike trail around the lake. Construction will also begin on apartments adjacent to the lake by the end of the year.
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Construction is slated to begin in June on the campus, with the manufacturing building expected to be complete first followed by the office building. By the end of 2017, Signet will move into its new campus.
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