With offerings ranging from a massive food hall to Toyota’s North American headquarters, leisure and business visitors are flocking to Plano. Now, developers are hoping to keep those visitors in the city with apartments planned on a former Texas Instruments campus.
Trammel Crow Residential plans to build a 5-story apartment complex at Legacy Central, a $300 million refresh of TI’s former Plano facility, reports the Dallas Morning News. The mixed-use development is located at I-75 and Legacy Drive, and the rental units will be located on the 84-acre project’s south end.
The first 385 apartments are being built on a former surface parking lot and are expected to deliver in late summer or early fall 2019, the DMN added.
Los Angeles-based Regent Properties bought the 1 million-square-foot TI campus in 2016 and has since remodeled four existing buildings into office space. It has also added conference and fitness facilities, and a parking garage is under construction.
Along with those projects, the city of Plano has approved zoning for roughly 700 apartments, retail space and a hotel, the DMN said.
Largest North Texas Homebuilders
Ranked by # of Local New Home Closings in 2016
Rank Business Name # of Local New Home Closings in 2016 1 D.R. Horton Inc. 4,320 2 Highland Homes- Dallas LLC 1,456 3 Lennar Corp. 1,321 View This List