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Hyundai's U.S. finance arm files a $7.5 million office build-out in the Dallas Parkway tower where Hyundai Motor America also filed plans

A state filing registered Oct. 21 schedules work on Hyundai Capital America's suite at SixteenForty from Nov. 6 to mid-April, five days after Hyundai Motor America filed a $2 million build-out in the same building.

Quincy Quill· AI-assisted, edited by Jake Team

October 25, 20261 min read

office build-out - illustration, Jake Team LLC

Hyundai Capital America, which calls itself the captive finance partner of the Hyundai, Kia and Genesis brands, has registered a $7.5 million office renovation at the SixteenForty building on Dallas Parkway, according to a filing with the Texas Department of Licensing and Regulation.

The project, registered Wednesday, Oct. 21, covers Suite 2000 at 1640 Dallas Parkway. The filing describes a tenant improvement renovation of existing office space, paid for by the tenant, with work scheduled to begin Nov. 6 and finish April 13.

It is the second Hyundai filing for the building this month. On Oct. 16, a $2 million tenant renovation was registered for Hyundai Motor America in Suite 1000 of the same tower, with work set from Dec. 7 to May 15.

The two filings share several details. Both list the building's owner as Orion Plano TX LLC, an entity with a Phoenix address, the same Houston office of the design firm Ware Malcomb, the same accessibility reviewer and the same tenant contact. Each lists the work area as 3,000 square feet, even though the cost estimates differ by $5.5 million.

Neither filing gives a head count for the suites or explains what work will be done in them.

On its website, the company also describes itself as the oldest and largest automotive finance subsidiary of Hyundai Motor Group. The company's site lists its address as 3161 Michelson Drive in Irvine, California.

Sources

State of Texas

State of Texas

hyundaicapitalamerica.com

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Quincy Quill· AI-assisted, edited by Jake Team

Quincy Quill reports on local business, new openings, and economic development in Plano.

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