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In a relatively short amount of time, Plano has created a new central business district in North Texas, with the $3.2 billion, 255-acre Legacy West development landing some of the biggest corporate campuses to land in the last two years.
Deal of the Year: In all, Toyota North America, Liberty Mutual Insurance, JPMorgan Chase & Co. and FedEx Office will bring more than 15,000 jobs to the southwest corner of the Dallas North Tollway and the Sam Rayburn Tollway.
Mixed-Use Development: It’s been more than two years since the nearly $3.2 billion, 255-acre Legacy West development first began landing big corporate tenants, such as Toyota North America, FedEx Office, Liberty Mutual Insurance and JPMorgan Chase & Co. Those big names helped shape an even bigger vision by master developer Fehmi Karahan, who has brought his vision of a seamless, pedestrian-friendly mixed-use development to West Plano.
Suburban Office: Fannie Mae will now occupy one 10-story, 300,000-square-foot regional office in the Granite Park multitenant office park in Plano at the southeast Dallas North Tollway and Sam Rayburn Tollway, instead of three locations in the North Dallas corridor totaling about 450,000 square feet.
Outside Relocation: Aided by a more than $5 million incentive package from the city of Plano, Liberty Mutual Insurance is building a $325 million campus in the Legacy business park that will employ 4,000 or more employees.