Check out some recent development updates coming out of Plano, including new townhomes coming to the Haggard Farms development and details on AT&T’s relocation from downtown Dallas to the Legacy business district in Plano.
This list is not comprehensive, and details are subject to change.
1. AT&T to build new 54-acre global headquarters campus in Plano
AT&T is planning to relocate its global headquarters to a new 54-acre campus in Plano’s Legacy District, according to a Jan. 5 announcement shared with employees by CEO John Stankey.
The new headquarters will be located at 5400 Legacy Drive, which is part of the former Ross Perot Electronic Data Systems campus at the intersection of Parkwood Boulevard and Legacy Drive.
The city of Plano and developer NexPoint were in the process of redeveloping the site as the Texas Research Quarter, a planned life sciences and innovation district.
2. $750M Haggard Farm development moves forward with new townhomes
Plans for new townhomes at the corner of Spring Creek Parkway and Windhaven Parkway are moving forward.
At their Jan. 5 meeting, Plano Planning and Zoning commissioners approved a preliminary plat for 187 single-family residential townhomes and five common area lots. Commissioners had previously approved a preliminary site plan in June.
Construction on the first phase of the $750 million project began in mid-December, according to a city news release.
3. Assembly Park adds two tenants amid rise in Plano office leases
Assembly Park added two office tenants in December, according to a news release from Triten Real Estate Partners.
The leases come as the corporate office market in Plano is starting to “ramp up” after a slow period during the COVID-19 pandemic, according to Esmeralda de la Cruz, Plano’s acting director of Economic Development.
High Point, a Christian travel organizer, and Porch Warranty, a home warranty and protection provider, have both signed leases for office space in Assembly Park, according to the release.
4. 215-acre Lavon Farms development advances
The Lavon Farms development in east Plano is moving forward following final approval from city officials in December.
The 215-acre mixed-use development is planned to feature more than 600 single-family residential units, 1,052 multifamily units and 37 acres of open space.
The project has been “about 25 years” in the making, land owner Todd Moore said. Moore’s family bought the land in 1936 and has been operating it as a dairy farm since.
5. Plano eyes Legacy, Granite Park area master plan amid market changes, major developments
As Plano’s Legacy District starts to reach build out, city officials are preparing for the area’s next phase of development.
At its Jan. 12 meeting, Plano City Council approved a $150,000 contract with Freese and Nichols to help with developing a master plan for the Legacy and Granite Park areas, which will include public outreach and evaluating how the area will evolve in the future.
City documents state that as the Legacy area approaches build out, “opportunities for rapid growth through new development have naturally diminished.” The area has also been impacted by shifts in the office market following the COVID-19 pandemic, which have “altered corporate preferences” toward hybrid or flexible office environments, city documents state.
