Construction Bell Rings for $45M Regional HQ

PLANO, TX-After investing nearly two years into the project, CMC Commercial Realty Group today marks the official groundbreaking of the 210,000-sf regional headquarters for Cigna HealthCare of Texas. The estimated $45-million Cigna Pointe will deliver in late August 2009.

Cigna will uproot teams from three leased locations in the North Texas cities of Carrollton, Dallas and Irving and move them to the four-story office building, the opening act for a 43-acre tract earmarked for build-to-suit projects by Dallas-based CMC Realty Group. Jesse Pruitt, CMC principal, tells GlobeSt.com that “activity’s been good” on the 29.7-acre balance of the land, with the drawing board holding two 180,000-sf office buildings for 11 acres abutting the Cigna site at 1640 Dallas Pkwy.

“All we’re concerned about right now is the Cigna building and the next 11 acres,” Pruitt says. “Hopefully we can expand Cigna and we’re talking to other corporate users.”