Last month, our client, Brinker International, the parent company of Chili’s and Maggiano’s Little Italy, announced that it will move its corporate headquarters from its campus on Hillcrest Road and LBJ Freeway to a new 216,300-square-foot, four-story, custom Build To Suit office in the Dallas development known as Cypress Waters. We have had the pleasure of partnering with Brinker executives for the past three years to help them determine the best real estate solution for the long-term future of their company. Ultimately, Cypress Waters stood out when compared to other options in the DFW Metroplex.
Brinker made the major decision to move after more than 30 years in its current location because its leaders believe the new building will enhance the company’s unique culture and help their employees work more collaboratively and effectively. The new building, which will open in late 2018, will support those goals in the following ways:
Consolidate from four separate buildings into one building. Brinker employees, a.k.a. “BrinkerHeads,” are currently scattered throughout four buildings on the existing campus. In the new building, everyone will be under one roof with large, efficient floor plans, which will increase interactions between different teams and departments. The new headquarters will also encourage collaboration with a central building cafeteria and outdoor piazza for team members to use on a daily basis.
Walkable amenities. One of the key criterion during our headquarters search was to find a location that allowed employees to walk to nearby amenities. In the current campus, they have to drive to restaurants, coffee shops, and their homes. At Cypress Waters, Brinker will occupy the anchor office building in “the Sound,” the project’s centerpiece along the shores of North Lake. The developer, Billingsley Company, will provide a walking trail around the lake, an amphitheater for concerts, and multiple restaurants, apartments, and town homes all within walking distance in the Sound. Cypress Waters will provide Brinker employees with an urban environment in a campus setting.
A modern workplace designed for the future. As mentioned, Brinker has been in its current location for more than 30 years, and as the work styles of employees have evolved, the buildings have not been able to keep up with that transformation. As part of the search process, we toured a number of existing facilities; ultimately, Brinker execs decided that a new build-to-suit office would allow them to custom-design their workplace for the long-term future. In the new building, Brinker will have large floor plates with a more open office environment and abundant natural light. It will have more conference rooms and team rooms, a cafeteria, an outdoor piazza for team events, a state-of-the-art test kitchen, a covered parking garage, and an on-site fitness center for their use.
As our clients evaluate their real estate options, we’re seeing that many of the factors that were important to Brinker such as walkability, building amenities, and modern office space designs are critical for other companies as they recruit and retain employees. We look forward to exploring opportunities with you as your company considers the best real estate strategy for the future.