In addition to the city of Plano, Frisco ISD could potentially be a big winner in Toyota's decision to consolidate its three separate North American headquarters into one new location south of SH 121.

Toyota announced April 28 the company would move its headquarters to Plano.

Although neither Toyota nor local officials have confirmed a specific location in Plano, several sites near 121 and Legacy are rumored to be potential choices for the headquarters, said Buddy Minett, a former Frisco ISD School Board trustee and current co-chair of the Frisco ISD Citizen Bond Committee.

If the new campus is built in the Legacy/SH 121 area as rumored, all or part of it could be in Frisco ISD's taxing district.

"A good portion of Frisco ISD's student population comes from Plano," Minett said. "This is big news."

Frisco ISD has four elementary schools and a middle school in Plano.

According to a Toyota press release, up to 4,000 employees could be relocated to Plano. Minett said that could mean not only big tax money for Frisco ISD, but tax money without Frisco ISD needing to accommodate an influx of new students.

"It's the biggest story in Frisco ISD that nobody's talking about," he said.

Groundbreaking on the new environmentally sustainable campus facility is expected to take place this fall and could take two or more years to complete, according to Toyota officials. In the interim, small groups of employees will work from a temporary location in the Plano area.

Employees from California, Kentucky and New York will be moved to the new Plano location. Toyota's 10 manufacturing plants in the U.S., including one in the San Antonio area, will not be affected by the move, according to Toyota officials.