14-story office towers, hotel planned in Plano across tollway from new Liberty Mutual campus

Heady Investments plans to construct two new office buildings and a hotel across the Dallas North Tollway from Liberty Mutual's new Legacy West offices.

Heady Investments plans to construct two new office buildings and a hotel across the Dallas North Tollway from Liberty Mutual's new Legacy West offices.

A tract of empty land off the tollway in northwest Plano is finally ripe for development, as the developer on Monday announced its plans to construct two office towers and a hotel across the tollway from Liberty Mutual's newly opened offices.

Heady Investments plans to begin construction on the first office building and covered parking facility in June at the northeast corner of Dallas Parkway and Headquarters Drive, firm partner Randy Heady said. The first phase of the project is expected to open in mid- to late 2019, with the second office building to be completed at a later date, he said.

The developer bought the tracts at the northwest and southeast corners of the intersection before many of the largest Legacy West projects that have changed the landscape of the tollway corridor had been announced, Heady said.

“Right after we broke ground on the southeast corner in August of 2011, Toyota was announced; we caught a real break there," Heady said. "Toyota was announced, and then JPMorgan announced, and then Liberty Mutual announced. All of these big, huge campus users came in after we bought both of our tracts.”

The two office buildings, when completed, will offer 425,000 square feet of Class AA office space, according to a Heady Investments news release. Covered, seven-story parking facilities will connect the two buildings, with a restaurant or spa on top, the company said.

The timelines for building the hotel and second office tower have not yet been determined, Heady said. The company is in conversations with at least two hotel developers, he said.

The project will be financed by Stillwater National Bank, while Henry Building will serve as its contractor. Leasing for the office buildings will be handled by Randy Heady & Company Realtors partners Mark Lewis and Sayres Heady.

By Marie Leonard
Marie came to Community Impact Newspaper in June 2011 after starting her career at a daily newspaper in East Texas. She worked as a reporter and editor for the Cy-Fair edition for nearly 5 years covering Harris County, Cy-Fair ISD, and local development and transportation news. She then moved to The Woodlands edition and covered local politics and development news in the master-planned community before being promoted to managing editor for the South Houston editions in July 2017.


MOST RECENT

The park, located in north central Plano at 4501 Quincy Lane, has a playground, shade pavilion, grill, drinking fountain, picnic tables, hike and bike trail and open space. (Courtesy city of Plano)
Lt. Russel A. Steindam Park in Plano reopens following renovations

Plano's Lt. Russel A. Steindam Park is open to the public after months of renovations, a Nov. 24 city press release shared.

The city of Plano will operate on altered facility hours and shifted trash and recycling pickup for the Thanksgiving holiday, according to the city's website. (Liesbeth Powers/Community Impact Newspaper)
Here are the altered city services for Plano residents heading into Thanksgiving

The city of Plano will operate on altered facility hours and shifted trash and recycling pickup for the Thanksgiving holiday, according to the city's website.

This extension to the agreement, initially termed to end in January 2021, will allow for the university to perform field tests on the 44 air-quality monitors built for Plano. (Liesbeth Powers/Community Impact Newspaper)
Plano continues air-quality partnership with UT Dallas

The air-quality partnership between the city of Plano and the University of Texas at Dallas has been extended until December 2021.

D'Ambrosio's #1 Pizza Pub will offer customers a friendly environment to enjoy a more contemporary style of Chicago deep-dish pizza. (Courtesy Adobe Stock)
D'Ambrosio's pizzeria opens in Grapevine and more DFW news

Read the latest business and community news from the Dallas-Fort Worth area.

Texas Gov. Greg Abbott announced a COVID-19 vaccine distribution plan for the state Nov. 23 for a vaccine he said could be available as soon as December. (Courtesy Adobe Stock)
Texas Gov. Greg Abbott announces COVID-19 vaccine distribution plan

The vaccine could start being distributed "as early as next month," according to a Nov. 23 news release.

From both counties, there have been 5,824 reported cases in Plano as of Nov. 23 and the city has 665 active cases. (Community Impact Newspaper staff)
Tracking COVID-19: Plano cases climb, county hospitalizations surge

COVID-19 hospitalizations are tracking record-high numbers since data was recorded at the beginning of June.

Collin County commissioners unanimously approved a $2 million allocation of federal funding to continue reimbursements of local food pantries. (Screenshot courtesy Collin County)
Collin County allocates additional $2M in CARES funding for local food pantries

Collin County commissioners allocated an additional $2 million in federal funding to the Collin CARES program to continue reimbursements for local food pantries.

Laura Colangelo
Q&A: Laura Colangelo discusses challenges facing private schools during pandemic

Colangelo said private schools have adapted to remote learning and other obstacles in 2020 despite less revenue and a 9% decline in enrollment statewide.

Mock-ups for each of these walls will be visible within each city from Nov. 20-Jan. 29. (Courtesy Dallas Area Rapid Transit)
Mock-ups of sound walls for Silver Line project available for viewing in Plano, Richardson

Mock-ups for each of these walls will be visible within each city from Nov. 20-Jan. 29.

texas health breeze urgent care concierge desk
New urgent care center in McKinney, plus four more DFW-area business updates

Here are five businesses that opened recently in the Greater Dallas-Fort Worth area.

chilangos tacos
Chilangos Tacos opens in Plano, plus three more DFW-area restaurant updates

Here are four restaurants that opened recently in the Greater Dallas-Fort Worth area.

A redevelopment project for the former Plano Market Square Mall received unanimous approval Nov. 16 from the Plano Planning and Zoning Commission. (Community Impact staff)
Plano Market Square Mall redevelopment and four more top DFW updates

Here are the five top stories from Community Impact Newspaper’s past week of Dallas-Fort Worth-area coverage.