preston center

A rendering of the 7-story building currently being built in Preston Center:

Construction on a new seven-story, 200,000 square foot office building in Preston Center is moving forward, the Dallas Morning News reports.

Preston Hollow-based developer Bandera Ventures acquired the site, located at Westchester Weldon Howell Pkwy, in May. Previous owners had originally planned to build condominiums on the site.

Since acquiring the property, Bandera Ventures relocated Chase to the corner of Douglas and Howell and tore down the bank drive. Brokers tell the Dallas News that Chief Oil & Gas Co. will be the lead tenants.

Bandera Ventures could not be reached at the time of publication for additional information.

This is the first large office project to open in Preston Center since 2008.

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