Associa plans an $8 million third office building at its Lookout Drive headquarters

Associa, the community association management company that moved its global headquarters to Richardson this summer, plans to add a third building to the campus, the city's Economic Development Department announced Monday.

The two-story, 23,000-square-foot office building, called Creekview III, would go up at 1300 Lookout Drive. The project is estimated at about $8 million. Construction is tentatively set to start in December, with completion expected by the end of 2027, according to the announcement.

The building would hold space for large corporate events and company operations. Associa's print operations would occupy the first floor.

A second round of investment

The new building follows the company's 2024 decision to relocate and consolidate its headquarters from Dallas to Richardson. Associa bought a two-building office complex at the southwest corner of East Lookout Drive and North Plano Road, which together total more than 260,000 square feet, and committed to invest a planned $55.5 million over three years in the move, building improvements and other capital spending.

Richardson backed that first phase with an economic development agreement that included building modernization grants and fee waivers. The city's announcement does not say whether any new incentives are tied to Creekview III.

Associa moved into the campus in July 2026. The two existing buildings now house about 700 employees. The announcement does not give a hiring figure for the new building.

The city's economic development staff works with existing employers on expansions through programs aimed at capital investment, job retention, building modernization and business growth, according to the release.

Sources

richardsoneconomicdevelopment.com