PROGRESS REPORT - Plano Economic Development, TX

PROGRESS REPORT
2015
FROM THE MAYOR
BUSINESS +
COMMUNITY
PROGRESS REPORT
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“Plano’s success is the result of
the absolute clarity of purpose
to be the nexus of economic
development in North Texas.”
Harry LaRosiliere, Mayor
City of Plano
2015 EXECUTIVE SUMMARY
PROGRESS REPORT
COMPAN Y
DESCR IPTION
PROJECT
TYPE
LIBERT Y MUTUAL INSURANCE COMPANY
Insurance Provider
RELOCATION
NOKIA
Communications Network Provider
EXPANSION
CAPITAL ONE FINANCE
Banking/Mortgage/Auto Finance/Credit Card Services Provider
EXPANSION
CINEMARK HOLDINGS
Movie Theatre Chain Headquarters
EXPANSION
ALIGNED DATA CENTERS
Data Center Provider
RELOCATION
SUCCESS PARTNERS
Marketing/Advertising Services Provider
RELOCATION
ASPIRE GLOBAL SOLUTIONS/SSI
IT Asset Disposal & Electronics Recycling Provider
RELOCATION
PALO ALTO NET WORKS
Network Security Provider
EXPANSION
PIZZA HUT/ YUM ! RESTAURANTS INTERNATIONAL
Global Restaurant Chain Headquarters
EXPANSION
EQUINIX
Data Center Provider
EXPANSION
AVIGILON
Video Surveillance/Management Software Provider
EXPANSION
IQOR
Business Process Outsourcing Provider
EXPANSION
L-3 MUSTANG TECHNOLOGY
Radar Defense Systems & Solutions Provider
EXPANSION
K AYE / BASSMAN INTERNATIONAL CORPORATION
Recruitment Services Provider
RELOCATION
APPROX IMATE
SQUAR E FEET
EMPLOYMENT
900,000
260,000
200,000
120,000
108,000
79,500
60,000
60,000
60,000
40,000
36,850
36,000
28,000
27,000
4,000
1,200
700
330
NA
150
7
359
150
17
120
70
96
80
COMPAN Y
DESCR IPTION
PROJECT
TYPE
CIBER, INC.
Global IT Consulting
RELOCATION
MOCO ENTERPRISES
LED Lighting & Energy Efficient Products Manufacturer
EXPANSION
GUIDEIT
IT Services Provider
EXPANSION
HILTI NORTH AMERICA
Tools/Fastening Systems Manufacturer
EXPANSION
ALTAIR GLOBAL RELOCATION
Relocation Services Provider
EXPANSION
STRATIFI HEALTH
Healthcare Operations Services Provider
EXPANSION
TECH DOGS, LLC
Printer Repair Services/Toner Supplier
EXPANSION
QUADRAMED EMPI SOLUTIONS
Healthcare Software/Services Provider
RELOCATION
AREVA MED
Cancer Therapy Development/Manufacturer
RELOCATION
OCEANS HEALTHCARE
Behavioral Health Services Provider
RELOCATION
ALLIED BIOSCIENCE
Antimicrobial Surface Coating Provider
RELOCATION
SKILLSTORM
IT Professional Services/Consulting
RELOCATION
THE SHOPS AT WILLOW BEND
Retail/Business Shopping Center
03
APPROX IMATE
SQUAR E FEET
EMPLOYMENT
EXPANSION
26,000
21,000
17,000
16,000
13,950
13,400
12,500
11,000
8,000
7,000
6,000
N/A
N/A
300
8
N/A
265
315
N/A
N/A
100
10
25
6
80
N/A
TOTAL
2,167,200 8,308
HIGHLIGHTS
PROGRESS REPORT
TOYOTA MOTOR
NORTH AMERICA
Toyota Motor North America announced in 2014 that it is establishing
communities as I was exploring the area,” said Lexi Burbidge, Project
a new headquarters in Plano for its North American operations.
Planning & Management Specialist at Toyota Motor North America.
The $350+ million Toyota campus will be built on 100 acres at the
“I have been pleasantly surprised by how friendly, welcoming and
southwest corner of State Highway 121 and Legacy Drive. The project
kind nearly everyone I have met has been.”
is expected to total more than 2.1 million square feet, and Toyota
expects to employ at least 4,000 team members in Plano by 2017.
Toyota Financial Services (TFS) also occupies temporary space,
located at 5801 Tennyson Parkway. With already nearly 40,000 square
Small groups of team members began transitioning to Plano in
feet of space in a temporary office, TFS has secured an additional
the middle of 2014, while the majority are scheduled to arrive in
27,000 square feet for 2016. “Moving one’s career, family and life half-
late 2016. Situated at the Campus at Legacy, Toyota’s temporary
way across the country is no easy decision,” said Mike Groff, President
headquarters now houses approximately 400 team members who
and CEO, Toyota Financial Services. “But the genuinely gracious and
have already settled in North Texas.
warm reception our employees have received has greatly enhanced our
Many team members have reported they have been pleasantly
ability to retain our people and to help ensure an easier transition for the
surprised by friendly people, easier commutes, familiar shops and
company. And for that, we are grateful to the City of Plano and all our
restaurants and lower cost of living. “I made three trips to the area
new neighbors in the greater Dallas area for making us feel so welcome.”
in 2015 prior to moving into my apartment. Each time I visited,
Currently with a staff of 57, the temporary TFS location will house
I was welcomed by locals at restaurants, shops and apartment
250 to 300 employees by the end of 2016.
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“The genuinely gracious and warm
reception our employees have received
has greatly enhanced our ability to
retain our people and to ensure an
easier transition for the company.”
Mike Groff, President & CEO
Toyota Financial Services
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PROGRESS REPORT
PROGRESS REPORT
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LIBERTY MUTUAL
INSURANCE
COMPANY
Liberty Mutual Insurance Company, a global insurance provider
to grow,” CEO David Long said. “Its welcoming business
headquartered in Boston, MA, will construct a new regional
environment, beautiful neighborhoods, top-rated schools and
operations center in the Legacy West development. The campus,
talented people made it an obvious choice for us.”
featuring two 12-story towers, sits on a seven-story parking
The $325 million Legacy West campus is located at the
garage and a single-story podium floor. The buildings will total
southwest corner of the Dallas North Tollway and State Highway
over 900,000 square feet and employ at least 4,000 by the
121. Legacy West, a $2 billion mixed-use development, features
end of 2017. While construction is underway, Liberty Mutual
luxury apartments, restaurants and shops, offering convenient
leased 160,000 square feet of office space at 3905 North Dallas
access for employees. The development will include Windrose
Parkway, and has already hired a staff of 385 employees.
Tower, a luxury 24-story high-rise condominium, The Grand
Upon completion, the campus will feature an on-site medical
at Legacy West, a high-end, 30-story high-rise apartment and
center, covered parking, a full-service cafeteria and two rooftop
The Villas at Legacy West, one-, two-, or three-story detached
gardens. With over 50,000 employees across the world, Liberty
single-family villas.
Mutual is the second largest casualty and property insurer in the
United States.
“After an extensive and rigorous review, we came to the
indisputable conclusion that Plano is the place for Liberty
“After an extensive review, we came
to the indisputable conclusion that
Plano is the place for Liberty to grow.”
David Long, CEO
Liberty Mutual Insurance Company
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PROGRESS REPORT
HILTI NORTH
AMERICA
PROGRESS REPORT
Photo by Michael Lewis,
North Texas Portraits
CAPITAL ONE FINANCE
Hilti North America, a global manufacturer and subsidiary of Hilti
Capital One Finance, a widely recognized brand of diversified
Corporation, relocated their corporate headquarters to Plano in June
banking services, is again expanding on their 75-acre Plano
2015. The company initially leased two floors in Legacy Tower, occu-
campus, located along Preston Road and Hedgcoxe Road. The
pying 56,000 square feet with 175 employees.
company will construct “Building 7,” consisting of a minimum of
The company has also optioned to lease the 9th floor of Legacy Tower,
located at 7250 Dallas Parkway. The 16,000-square-foot expansion
200,000 square feet, and will add 700 jobs to their current staff
of over 4,000.
will be home to Hilti’s software development teams. “The team members
“We are expanding our campus, but what’s fundamentally
moving into this new space on the 9th floor will be focused on
happening is a combination of business success and Plano
developing technologies that combine our direct sales model with
being a wonderful place to continue to grow our business and
further digitalization, overall enhancing our products, services and
campus,” President of Capital One Financial Services Sanjiv
software,” said Cary Evert, President and CEO of Hilti North America.
Yajnik said. “Texas is a great, vibrant place to do business.”
“We are excited about this expansion and the continued growth of
our company in the Dallas metroplex.”
Construction of the 9th floor is expected to begin in January 2016.
The company anticipates adding 40 developers by mid-2016 and an
additional 50 developers by 2020.
Slated to be complete by the first quarter of 2017, “Building 7”
will be located at 8066 Dominion Parkway. The new facility will
include six training rooms, a full-service cafeteria, collaborative
work spaces and a game room.
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PROGRESS REPORT
PROGRESS REPORT
“THIS IS OUR
MOMENT AND
THIS IS OUR
TIME.”
Harry LaRosiliere, Mayor
City of Plano
THE
SHOPS
AT
WILLOW
BEND
CIBER,
INC.
The Shops at Willow Bend will undergo a $100 million
Expansion to include:
Ciber, Inc., a global IT consulting company, opened its new
redevelopment and expansion that will include new shops,
●New shops &
Global Strategic Sales center and Global Learning and
restaurants, a hotel and a Class-A office tower. The former
125,000-square-foot Saks Fifth Avenue building will be
demolished and replaced. Starwood Retail Partners, who
purchased the shops in October 2014, plans for construction to
begin in early 2016.
restaurants
●Hotel
●Class-A office
tower
Development facility in January 2015. The company occupies
26,000 square feet, located on 6860 N. Dallas Parkway, and
will employ up to 300 by the end of 2018.
“The facility will jointly house Ciber’s presence with those
of our customers sitting side-by-side with us in a very unique
“Starwood Retail Partners is so pleased to be in Plano, and
customer intimacy model,” President and CEO Michael
we are delighted with the response we’ve received so far to
Boustridge said. “We look forward to partnering with the City
enhance The Shops at Willow Bend’s already well-established
of Plano to contribute to the community and strengthen client
shopping experiences,” CEO Scott Wolstein said. “Plano is
engagements.”
“We look forward
to partnering with
the City of Plano
to contribute to the
community and
strengthen client
engagements.”
Michael Boustridge,
President and CEO
NOKIA
Nokia, a global telecommunications equipment company,
New Facility:
announced plans to consolidate the company’s operations
● Four stories
in Plano. Formerly in two separate buildings in Plano, the
company will move their employees to a new facility at the
corner of Lotus Drive and Independence Parkway. The new
four-story, 260,000-square-foot building will serve as the
central operations facility.
“We’re modernizing our office layouts and standards, making
them more efficient,” said Chuck Groshek, real estate asset
manager. “It’s almost a Silicon Valley feel that this generation
has become accustomed to.” Construction is due for completion
experiencing terrific growth, and our vision for Willow Bend is in
in late 2016 and will include a rooftop terrace, state-of-the-art
step with the city’s business, shopping and entertainment plans
labs and creative work spaces.
for the future.”
Construction of the project is set to be complete, in phases,
between 2017 and 2019.
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●260,000
square feet
of office space
● Rooftop terrace
●State-of-the-art
labs and creative
work spaces
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PROGRESS REPORT
PROGRESS REPORT
L-3 MUSTANG
TECHNOLOGY
CINEMARK HOLDINGS
AREVA MED
Cinemark Holdings, a Fortune 1000 company, purchased
AREVA Med, a subsidiary of AREVA, was formed in 2009 to
their headquarters located at 3900 Dallas Parkway. The
develop new therapies to fight cancer. The company began
L-3 Mustang Technology, a radar systems provider and
120,000-square-foot building, originally constructed in 1998,
construction on their second lead-212 production facility,
weapons system integrator, has expanded their operations in
had formerly been leased by Cinemark. The office, currently
known as DDPU (Domestic Distribution and Purification Unit);
Plano, located on 6900 K Avenue. The company moved its L-3
undergoing updates and renovations, is equipped with state-of-
the only other facility outside of France. The 8,000-square-foot
Unmanned Systems division to the third floor of the building,
the-art digital screening technology and has over 300 employees.
facility will be located on Plano Parkway and Klein Road and
adding 28,000 square feet and 96 employees.
will serve as the company’s U.S. headquarters.
The company expects construction to be complete by mid-
ALIGNED DATA
CENTERS
Aligned Data Centers, a division of Aligned Energy, completed
2016 and will have a staff of 10 employees.
PIZZA HUT/
YUM! RESTAURANTS
INTERNATIONAL
PALO ALTO NETWORKS
said. “It’s a very good market from a fiber and power
Pizza Hut/Yum! Restaurants International will increase
Palo Alto Networks, a fast-growing cyber-security company, is
perspective. It’s a very strong data center market that’s
their footprint and expand their Plano headquarters. The
expanding and relocating their Plano office to 3901 N. Dallas
equidistant from coast to coast and easily accessible.”
60,000-square-foot addition will include a three-story and single-
Parkway. With a current staff of 50, the company will house
story building. The company plans to add office space and a
360 employees by 2019. The company will occupy 60,000
training facility that will create or transfer up to 150 jobs by 2020.
square feet at the new location.
its initial phase of its planned $300 million, 30-megawatt data
center, introducing the first pay-for-use data center in the
United States. The company is the first to offer consumptionbased pricing for colocation. Located on 2800 Summit Avenue,
the company unveiled the initial 100,000-square-foot facility in
November 2015.
“We really liked the Plano market,” CEO Jakob Carnemark
At full build, the site will provide 300,000 square feet of space
and 30 megawatts of power.
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