Update: Plano City Council approves $1.8M economic incentive grant for Samsung

The Plano City Council will consider and economic incentive agreement for Samsung, who is expected to relocate some of its employees to Legacy Central in Plano.

The Plano City Council will consider and economic incentive agreement for Samsung, who is expected to relocate some of its employees to Legacy Central in Plano.

As Samsung plans to ship more than 1,000 employees to a new Plano office, the Plano City Council on Monday approved a $1.8 million economic incentive agreement for the corporation.

Samsung is expected to consolidate two of its offices—one in Richardson and another in Plano—into one location at the old Texas Instruments campus near the intersection of US 75 and Legacy Drive, which is being redeveloped into a new mixed-use development named Legacy Central.

The incentive agreement to go before the council cites Samsung’s plans to add $10 million in property improvements and $5 million in “business personal property” as two of the primary reasons for offering the incentive.

Samsung is expected to rent 215,000 square feet of office space and transfer or create 1,400 jobs over the next three years, according to the document.

“Legacy Central is an ideal location for our Texas employees,” Alejandro Rivero, the director of corporate real estate for Samsung Electronics America, said in a company news release. “We believe that bringing our teams together will foster collaboration, connectivity and well-being. The technology-oriented and amenity-rich campus has been designed to promote productivity and supports the key values we share at Samsung both in the U.S. and globally.”

The developers of Legacy Central announced in February it had landed tenants Roland Technology Group and The 20, who are expected to lease a combined 22,761 square feet of office space.

Editor's note: This post has been updated to reflect the results of the vote.
By Gavin Pugh
Gavin has reported for Community Impact Newspaper since June 2017. His beat has included Dallas Area Rapid Transit, public and higher education, school and municipal governments and more. He now serves as the editor of the Grapevine, Colleyville, Southlake edition.


Crumbl Cookies offers over 120 rotating cookie flavors. (Courtesy Crumbl Cookies)
Crumbl Cookies to open in Plano; McKinney trash pickup rates to rise and more DFW-area news

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

Salad and Go food.
Drive-thru eatery Salad and Go now open in Plano

The drive-thru concept eatery offers made-to-order salads, wraps, soups and drinks.

Student walking into school.
Plano ISD to receive $43M in federal COVID-19 relief funding

“These additional funds will be a tremendous help in facilitating a comprehensive, long-term approach to support students and staff affected by the pandemic,” Plano ISD Chief Operating Officer Theresa Williams said.

Frankford Middle School.
Plano ISD to partner with Dallas for park at Frankford Middle School

Plano ISD will not contribute any funds toward the park, but will be able to reserve it for the district's exclusive use.

Crumbl Cookies to open first Plano location

Crumbl Cookies offers a weekly rotating menu of fresh-baked cookies, such as Strawberry Poptart, Cosmic Brownie, Cinnamon Swirl and Muddy Buddy.

Vitality Dental marks fifth anniversary in Plano

Dr. Andrew Kung and his staff began offering dental services in Plano in May 2016.

Plano voters had plenty of choices to make May 1. (Jack Flagler/Community Impact Newspaper)
May 1 election wrap up: Plano ballot was busy for city, ISD voters

Ballot has mix of city, school and bond for Plano voters

The Plano City Council dais will feature new council members and John Muns as mayor. (Community Impact Newspaper file photo)
Plano’s new mayor John Muns ready to hit the ground running

New mayor and his family have served Plano community for years.

Plano voters approved all six of the city's bond propositions, elected a mayor, council members and Plano ISD board members. (Rebecca Anderson/Community Impact Newspaper)
Plano numbers shine for a spring election with a heavy ballot of issues

The city’s choices of mayor, council members, a $231 million bond issue and Plano ISD board members likely drove the numbers for city residents.

Early voting location.
Tyra, Powell, Humphrey, Chambers win Plano ISD board of trustees races

Election day results from May 1 show Lauren Tyra won the Plano ISD board of trustees Place 1 race and incumbents Angela Powell, Nancy Humphrey and Jeri Chambers won the races for Places 2, 3 and 6, respectively.

Early voting location.
Plano voters approve city's $364M bond package

Election day results from May 1 show a majority of Plano voters approved each of the six bond propositions.