GEICO in Richardson, TX

GEICO is undertaking a $1,129,000 renovation at Galatyn Commons, Building D, located at 1011 Galatyn Parkway in Richardson, Texas. This 6,143 sq ft project involves a tenant build-out that includes a training room, reception area, IDF, green room, and breakroom. The filing specifies modifications to existing MEP systems to accommodate the new layout. The project is registered with TDLR and is targeted for November 2026.

The owner of record is Richardson Office LLC, which has three other TDLR-registered projects in the same building totaling $18,900,000. OTJ Architects is the design firm of record for this renovation. The company has six other TDLR-registered projects across North Texas, including locations in Coppell, Houston, Plano, Lewisville, and Fort Worth. This project is privately funded on private land for private use.

In Dallas County, the median estimated cost for renovation and alteration filings is $249,000, with a median size of 4,226 sq ft. This project’s cost is above the county median for its type, placing it in the top quarter. The scheduled build window is 154 days, which is longer than the county median of 92 days. The cost per square foot is $184, significantly above the county median of $72. These figures reflect the scale of the interior build-out and system modifications required for the new office configuration.

The site is located in ZIP code 75082, which has a population of about 29,458 and a median household income of $107,720. Housing in the area is an even mix of owner- and renter-occupied units, with a median owner-occupied home value of $473,600. The Dallas County unemployment rate was 3.3 percent in July 2026, higher than a year earlier.

GEICO has expanded its presence in North Texas, with a post on geico.com describing the company adding a third building in Richardson and creating 2,500 new jobs. Another mention notes that GEICO selected North Texas as its newest operations hub for commercial insurance, adding 500 new jobs with 300 supporting operations at the Richardson office. These announcements align with the ongoing construction activity at Galatyn Commons, Building D, which is part of the company’s broader footprint in the region.

Project Status and Details

The project was registered with TDLR in May 2026, and plan review is pending. Construction is scheduled to begin in June 2026, with completion targeted for November 2026. The TDLR status is listed as Project Registered. The scope of work is strictly limited to the tenant build-out and MEP modifications described in the filing. No other construction activities are indicated in the record.