DALLAS -- 7-Eleven Inc. will move its headquarters to a new development in downtown Dallas' Arts District, reported The Dallas Morning News.
The corporate offices will be part of a mixed-use development that includes high-rise condominiums and retail space built around a plaza, said the report.
"For the past 78 years, 7-Eleven has made Dallas its worldwide headquarters," 7-Eleven president and CEO Jim Keyes told the newspaper. "We are delighted to be able to continue to call Dallas our home."
Developer [image-nocss] Billingsley Co. has been planning the project for years as a new focal point for the Arts District, the report said.
"When the next major cultural buildings come on within the Arts District and the connection is made with this project, it will be something very powerful for the city of Dallas," developer Lucy Billingsley told the paper. "This is the most important deal for us, and it's a giant opportunity to be able to participate in the future of downtown."
Central to the $100 million development will be a 425,000-sq.-ft. office building to house 7-Eleven's home office. The company is now located in the Cityplace tower at North Central Expressway and Haskell Ave. The new headquarters site is on three acres at the northeast end of Flora St. between Routh St. and North Central Expressway.
As reported in CSP Daily News, the news comes on the heels of the announcement by RaceTrac that it would leave its longtime home in Smyrna, Ga., to move to Atlanta proper.