Texas Mutual InsuranceCo. plans to combine existing offices in Austin, Texas, and transferits headquarters to northeast Austin, the AustinAmerican-Statesman reported April 11.

Construction for the new four-story building with 270,000 squarefeet is anticipated to begin in the spring of 2017, according to the report. TexasMutual is expected to relocate to the new site in mid-2018.