International telecom firm Nokia is bringing more than 2,000 workers to the Cypress Waters development.

Nokia will relocate its North American headquarters and workers from Las Colinas and Plano to the development north of LBJ Freeway near Belt Line Road.

"They've leased 350,000 square feet in two buildings," said Cypress Waters developer Lucy Billingsley. "They are taking one whole building with 250,000 square feet and 100,000 square feet in another."

The office lease is one of the largest signed in North Texas this year.

Nokia's new office will be the biggest job center in the 1,000-acre Cypress Waters, which is one of the Dallas-Fort Worth area's most successful developments.

"They will be moving into the 100,000 square feet in January and the next 250,000 square feet in June," Billingsley said.

The new buildings at 3100 and 3201 Olympus Boulevard are on the south shore of North Lake in a mixed-use project called The Sound.

"They will be right on the water next to the retail," Billingsley said.

It's the same area where restaurant firm Brinker International is relocating its Dallas headquarters.

Retail, restaurants and apartments are also being built along with new offices.

Billingsley said Nokia will also create new jobs at its Cypress Water campus, which will include a research and development center.

Nokia will join Signet Jewelers, 7-Eleven, CoreLogic, Nationstar Mortgage and OneSource Virtual with offices at Cypress Waters.

"We will be close to 14,000 people working in Cypress Waters," Billingsley said.

Nokia is relocating to the Dallas portion of the project, which also is partly in Irving.

"This move continues the rich history of Dallas as a city that fosters innovation and technology," Dallas Mayor Mike Rawlings said in a statement.

Dallas has agreed to provide economic incentives to Nokia.

"The city of Dallas is excited that Nokia is making a significant capital investment and bringing more than 2,300 jobs to its new, state-of-the-art North American headquarters in the Cypress Waters area of Dallas," Dallas economic development director Courtney Pogue said in a statement. "Dallas continues to be a global destination for corporate and North American headquarters due its unparalleled access to transportation, a talented workforce, cutting edge technology infrastructure and its business-friendly environment."

Randy Cooper and Craig Wilson of Cushman & Wakefield represented Nokia in negotiations for the lease.

Cypress Waters has been in the works since 2004 when developer Billingsley Co. bought the property surrounding North Lake from utility companies.

During the 1950s, the reservoir was built by Dallas Power and Light Co. to provide cooling for its electric plant on Belt Line Road.

In 2008, Billingsley got zoning approvals for the Cypress Waters development. Since then, the company has built hundreds of apartments, retail space and millions of square feet of offices in the project.

"We are starting our next office building next week," Billingsley said.

In all more than 6 million square feet of offices are planned for Cypress Waters that will eventually house more than 20,000 workers.

Cypress Waters is zoned for about 10,000 apartments.