Luxury condo tower within Plano's $2B Legacy West

Even before construction kicks off, a luxury condo tower — Windrose Tower at Legacy West — within the $2 billion development in West Plano is more than 50 percent reserved by potential home buyers.

The development team is still finalizing plans for Windrose Tower, a 24-story, 90-unit condominium tower at Windrose Avenue and Headquarters Drive in Plano. If all goes well, the tower could break ground in mid-2016.

"In addition to local residents who have been asking for a luxury high-rise product, we saw the demand increase exponentially with the announcement of Toyota, Liberty Mutual and FedEx Office moving to the area," said Jim Duggan, who is co-developing the tower under Windrose Condominiums LLC with Ted Bradford, Mark Bradford, Ron Gafford and LJ Erickson, in a prepared statement.

"The high-rise condo plan quickly moved from important to imperative when those announcements were made," he added. "It is the only high-rise condominium project currently planned for Legacy West and has an exclusive location that can't be replicated in the entire DFW area."

FedEx Office recently moved into its 1-month-old corporate campus in Plano, which the Dallas Business Journal toured Wednesday. CEO Brian Philips said FedEx Office could add another wing adding up to 150,000 square feet of office space to the campus and parking garage based on current growth plans.

Toyota North America's headquarters is currently under construction, with four construction cranes on the site next to FedEx Office's new headquarters. Liberty Mutual Insurance recently began construction on its massive $325 million regional hub that will employ thousands of employees.

Developer Fehmi Karahan's Shops at Legacy West development has eight construction cranes on site pulling the mixed-use development vertical.

And Windrose Tower will add yet another piece to the larger $2 billion Legacy West development, which is quickly filling up as companies bring new jobs to the 255-acre corporate magnet. In all, experts expect Legacy West to become home to about 22,000 jobs.

The glass tower will give residents generous balconies with amenities ranging from valet parking to a luxury amenity deck with a pool, fireplaces, cabanas and summer kitchens. The interiors will have high-end finishes from appliances to cabinetry to gas cooktops.

Plans for the homes (which have evolved as the development team fleshes out the details) will include condos ranging from one-bedroom, 1,272-square-foot homes to an 11,000-square-foot penthouses.

The team has already designed seven floor plans range upwards to 3,400 square feet of space, with plans to design additional floor plans from 3,700 square feet to 6,700 square feet of space.

GDA Architects is the architect on the condo tower development. Al Coker & Associates is the marketing firm on the tower. The sales office is expected to open with finish out samples and detailed renderings in the first quarter of 2016.

Windrose Tower is an important part of the Legacy West vision and offers a high-end living choice to thousands of executives and professionals employed, and expected to be employed, at Legacy West, said Fehmi Karahan, who is the master developer for Legacy West.

"The demand for the residences at Windrose Tower is unprecedented, and we haven't yet broken ground," he said.

Source: Dallas Business Journal