News & Events in Plano, TX

Here’s an update on the latest news and events taking place in Plano, Texas:

Expansions/Relocations

While much of the nation has suffered from recession, Plano rolls on with many large projects.

Pizza Hut broke ground on its new global headquarters in February. It is constructing a three-story, 170,000 square- foot office building on its 20-acre corporate campus in the Legacy business park. The project will bring more than 600 jobs to Plano.

Tektronix Communications will relocate its headquarters and 475 employees into the new Wilcox Building /190. The three-story office building is 185,000 square-feet and LEED Gold certified. Tektronix is a maker of diagnostic and management equipment for mobile and fixed telecommunications networks.

Denbury Resources signed the largest office deal in North Texas to date this year. The Plano-based energy company will move its headquarters and 500 employees into 325,000 square feet of newly redeveloped office space at the Campus at Legacy. More than 200 of the new employees will relocate from Fort Worth as part of the company’s purchase of the Encore Acquisition Company.

Telecommunications-equipment maker Huawei Technologies (USA) leased over 100,000 square feet of office space in Legacy Place II. The company will consolidate its sales and marketing headquarters for North America into the space, and employ up to 600 by the end of 2012.

Dr. Kracker, a maker of organic crackers and flat breads, will relocate into over 60,000 square feet and will employ 30. Its products can be found in most major grocery stores nationwide.

Developments

Atmos Energy is constructing a new 48,000-square-foot facility to house a corporate training center, district service center and a gas-analysis lab. The building will be LEED Silver certified. The building, set to open this August, will house up to 89 employees. The center will also be used to train service reps from its 12-state region.

Other News
Three Plano company’s projects were finalists at The Dallas Business Journal Best Real Estate Deals 2009.

  • PepsiCo-Best Office Deal
  • Telmar Network Technology-Best Headquarters or Corporate Campus Move
  • Tektronix – Best Headquarters or Corporate Campus Move

According to a report released by U-Haul International Inc., Plano ranked No. 35 and Dallas ranked No. 15 in the list of top relocation sites in the nation.

Plano is the 5th largest recipient of foreign direct investment in Texas, according to the U.S. Bureau of Economic Analysis. Texas led the nation with nearly $120 billion in foreign direct-invested assets in 2007.

Plano was named “America’s 10 Best Places to Grow Up” by US News & World Report magazine.