Legacy Central Lands First Tenant
One of North Texas' largest office campus redos has landed its first tenant.
Regent Properties is spending more than $100 million to convert the former Texas Instruments campus on U.S. Highway 75 in Plano into a mixed-use development.
The 85-acre project will include offices, retail space, apartments and hotel rooms. California-based Regent Properties has finished the phase one renovations on four office buildings on the tract and is signing up the first tenants.
Two tech firms, Roland Technology Group and The 20, have rented almost 23,000 square feet in the project on the west side of U.S. 75 south of Legacy Drive.
Roland Technology is an IT support provider for small- and medium-size businesses, and The 20 is a business development group for the IT industry. Both companies will be in the first-phase Legacy Central office building at 6600 Chase Oaks.
"We had been looking for space for months to accommodate our tremendous growth," Tim Conkle, CEO of Roland Technology Group and The 20 MSP, said in a statement. "After evaluating neighboring cities and available properties, we found that Legacy Central was the best fit for our companies and brands.
"Legacy Central's proximity to the highway along with its wide range of amenities meets virtually every one of our needs, allowing us room to grow our staff, conduct training, entertain clients and host events."
The companies are currently farther south in Plano on Republic Drive at U.S. 75.
NAI Robert Lynn's Kent Smith and Leslie Wood negotiated the lease with Nathan Durham of Transwestern.
The former TI Plano campus was built starting in the mid-1980s and has about 1 million square feet of buildings. TI still occupies space at the south end of the complex.
Regent is building a 400-seat food hall, a 200-person conference hall with an entertainment center offering beer and wine on tap and WiFi courtyards connected to hiking and biking trails to the rest of the project.
At the south end of the development, Trammell Crow Residential is building an apartment community.
"Dynamic companies are looking for modern amenities to support their organization's growth and a creative environment where their employees love to work, so we transformed the TI Campus with that objective in mind," Regent Properties director Amy Castellanos said.