Construction on the upcoming Miyako Hybrid Hotel near the former JCPenney headquarters began on Oct. 15. The hotel, which will be Kintetsu Group Holdings’s third in the United States, is projected to open in fall 2027.
The details
The 12-story luxury hotel is expected to feature 217 rooms, a Texas-style rooftop bar and a traditional Japanese restaurant, according to a company news release.
Takashi Wakai, president of Kintetsu Group Holdings, said the company chose Plano because of the city’s recent growth and development, particularly as Plano is home to many corporate headquarters and Japanese companies, including Toyota Motor North America and NTT Data.
“Our hotel here will not be just another hotel,” Wakai said. “It will embrace the best of Japanese culture and hospitality ... [as] a fusion of western friendliness and eastern attention to detail.”
Some context
The hotel will be located next to the 107-acre mixed-use redevelopment of the former JCPenney headquarters off Corporate Drive.
Plans for the redevelopment include a mix of retail, office and residential space and a hotel.
A zoning change for the revitalization project was approved by Plano City Council in November 2024.
Additionally, Plano Planning and Zoning commissioners approved a preliminary site plan in April for the multifamily apartment buildings in the development, as previously reported by Community Impact.
Mayor John Muns said the Miyako hotel represents a symbol of friendship and innovation connecting Texas and Japan.
“When I travelled to Osaka to meet the leadership of Kintetsu at their headquarters in 2023, I carried with me Plano’s promise that we will offer our full support, collaboration and goodwill,” Muns said. “We ensured they understood our commitment not only today but for the long term.”
What they’re saying
Alejandro Vazquez, general manager of Miyako Hybrid Hotel Plano, said the project began in 2014, following a visit by Kintetsu team members to North Texas to look for a suitable site.
“This hotel will not only bring jobs and economic growth, [but] will also become a true destination for visitors up for events and a symbol of hospitality that [will] unite the spirit of Japan with the heart of our town,” Vazquez said.
Sen. Angela Paxton, R-McKinney, said the hotel demonstrates a “resounding confidence” in Plano’s growth trajectory.
“Placing a Japanese-style hybrid hotel here shows that the international investors see what those of us who live and work here already know,” Paxton said. “Plano is a place of opportunity for everyone of innovation of all kinds and cultural convergence that will make our community richer.”
Zentaro Naganuma, consul general of Japan in Houston, said the hotel represents Japan’s broader investment in the North Texas area, as Japanese companies have created 80,000 jobs in Texas alone, with North Texas becoming “a center for growth and innovation.”
“I’m confident the construction of [the] hotel in Plano will further strengthen the economic ties between Japan and to Texas, and Plano in particular,” Naganuma said.
