December 9, 2023
PLANO – The city council has approved plans to convert a vacant 1.6 million-sf office campus into a $4 billion life sciences and medical center.
The former Electronic Data Systems campus at Legacy Dr. and Parkwood Blvd. will be redeveloped to create 375,000 sf of pharmaceutical manufacturing space, a 300-room hotel, and 775 apartments surrounding a nine-acre park.
The first phase will create 2,000 jobs.
NexPoint is the developer.