AT&T’s proposed Plano headquarters redevelopment has a construction window of December 1, 2026 to March 31, 2029 in the TDLR filing. These are proposed dates, not verification that construction has begun. The filing identifies KDC Legacy Eagle HQ Development One LLC as owner.
The former EDS campus redevelopment is subject to a Plano agreement requiring at least $1.35B of investment. Up to $20M of grants comprises a $10M redevelopment grant and up to $10M in employment grants. The entire incentive is not solely hiring-dependent.
Employment targets cover campus-assigned full-time equivalents transferred, retained or created: 4,000 initially, another 4,000 by 2034, and 2,000 more by 2039. The 10,000 total should not be presented as net-new regional jobs.
Our read: this is a phased corporate commitment with distinct investment and employment conditions. The sources do not establish AT&T ownership of the real estate. Office-area-only cost and area-per-job ratios would mix program scopes, so they are omitted. Nearby housing and retail demand will depend on actual relocation, occupancy and staffing.
Key Takeaways
- Proposed construction dates require later confirmation.
- The employment target includes transferred and retained workers as well as created positions.
- Redevelopment and employment grants have different conditions; do not label all $20M hiring-dependent.
TDLR TABS2027003506 — proposed start December 1, 2026; proposed completion March 31, 2029; owner KDC Legacy Eagle HQ Development One LLC. https://www.tdlr.texas.gov/TABS/Search/Print/TABS2027003506 · Plano agreement — minimum $1.35B investment. Up to $20M grants: $10M redevelopment plus up to $10M employment. Campus-assigned full-time equivalents can be transferred, retained or created; milestones 4,000 initially, 4,000 more by 2034 and 2,000 more by 2039. These are not necessarily net-new regional jobs. https://plano.novusagenda.com/agendapublic/AttachmentViewer.ashx?AttachmentID=21081&ItemID=10625
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