State Farm Insurance expands in Texas

The further expansion of the nationally-known insurance chain, State Farm Insurance Company is no secret. Headquartered in Bloomington, Illinois, State Farm Insurance is expanding its hub development in Arizona, Georgia and Texas. 

A 1.5 million-square-foot campus is under construction in Richardson, considered already the biggest office development underway in North Texas. But apparently it’s still not big enough since Developer KDC is adding a fourth, 500,000-square-foot office tower, which will also be leased to the insurance giant. 

Work has already started on the east side of Plano Road and the office tower is scheduled to be completed in mid-2016. At the southeast corner of Plano Road and Bush Turnpike are also planned additional retail space and apartments.

Early this year the State Farm Insurance moves forward with another round of hires as it staffs its regional headquarters in Dallas-Fort Worth.  200 part-time positions are filled focused on customer service, claims assistance and sales support needs for State Farm.

State Farm will take possession of one of the buildings at the end of this year. And thousands of workers will start relocating to the buildings in Richardson early 2015.

“This expansion positions State Farm for the future as we grow to meet changing customer needs and expectations,” Mary Crego, State Farm senior vice president, said in a statement.

What does it mean to you as a homeowner? That there will be thousands of buyers wanting to buy in your area, making now the time to take advantage of today's market!

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