Sundance's 900,000 SF Hanging With CoServ's Chapter 11

FT. WORTH-The Sundance Square hierarchy is just waiting to see what CoServ plans to do about honoring its high-tech hookup contract for 900,000 sf now that Chapter 11 petitions are filed for six telephone and cable divisions. The hookups to 24 CBD buildings were slated to begin with the under-construction 200,000-sf Bank One Building.

Tracy Gilmur, Sundance’s marketing director, says “at this point we don’t know that it’s not going to happen.” The Bank One Building is set to open in March 2002.

A CoServ insider tells GlobeSt.com that the firm still “believes” in the viability of the Sundance Square project. But, he adds, CoServ is “still in the process of evaluating all of our options in light of the Chapter 11.”