FedEx Office CEO eyes future growth of Plano campus as 1,200 employees settle into new home

When FedEx Office CEO Brian Phillips wanted to add to the Plano-based retailer’s bottom line, he decided to start at home.

Now, more than 1,200 employees of FedEx Office, a subsidiary of Memphis-based FedEx Corp.(NYSE: FDX), are working under the same roof and Phillips said he expects more corporate collaboration that will ultimately support the firm’s 1,800 stores.

FedEx Office CEO eyes future growth of Plano campus as 1,200 employees settle into new home – Dallas Business Journal

“This is going to be our home for a long time and we expect to continue growing in Plano as we add new stores,” Phillips, who is the president and CEO of FedEx Office, told the Dallas Business Journal.

Even though FedEx Office has only been in its new home for a month, Phillips said the company has positioned itself for growth and even as a corporate campus growth plan.

The company has enough room its new 265,000-square-foot headquarters building at 7900 Legacy Drive — which was expected to cost more than $40 million to develop — to add another 100 employees.

Read more on the Dallas Business Journal

Shops at Willow Bend set for $100M redo

The new owners of The Shops at Willow Blend are planning a $100M makeover to help the shopping center reach its potential.

Starwood Retail Partners purchased the shopping center from Taubman Centers Inc. last year. The company plans several major additions, including a Class-A office building, a hotel and an entertainment district with up to eight restaurants. Starwood is working through plans for another anchor fashion store and residences, the Dallas Morning News reports.

Liberty Mutual Insurance’s huge Plano project starts next week

Plano has become ground zero for big project groundbreakings.

A week from today, Liberty Mutual Insurance will formally kick off it’s almost 1 million square-foot office campus near the southwest corner of the Dallas North Tollway and State Highway 121.

The two 19-story towers will eventually house more than 4,000 of the Boston-based insurance company’s workers.

Read more on the Dallas Morning News

Regent Properties to buy, redevelop Texas Instruments’ Spring Creek campus

There’s a lot happening in Plano! Great news for a new owner at Junction 15.

It’s been seven months since Dallas-based Texas Instruments (Nasdaq: TXN) placed its 84-acre Spring Creek campus in East Plano on the market and, now its under contract to a Los Angeles-based real estate investment firm.

Regent Properties plans to begin a massive redevelopment of the campus after the deal closes in mid-November, spending more than $150 million on re-positioning the nearly 1-million-square-foot facility, with a new master plan, facade improvements and interior renovations.

 Read more here on Dallas Business Journal

Deal finalized for new global headquarters of Toyota Group spinoff

A real estate deal to bring the new global headquarters of a Toyota Group spinoff — Toyota Industries Commercial Finance Inc. — to Dallas has become finalized, officially following in the footsteps of sister company Toyota North America.

Torrance, California-based Toyota North America is building a new corporate campus in Plano to consolidate its North American operations under one roof.

Read More Here on the Dallas Business Journal

Plano gets top marks in apartment renter survey

Plano is at the top of a list of U.S. cities that renters say are the best places to live.

Apartment List’s latest renter confidence survey put Plano with Boston and Arlington, VA as the three best markets in the country.The apartment marketing firm compared conditions in 100 U.S. cities for the report.

Apartment renters were asked to rate the areas for factors including safety, state and local taxes, access to recreation, commute times and economic conditions.

Read More Here on The Dallas Morning News

Insurer Bets Big on Plano

Another major corporate move is poised to bring thousands of new jobs to West Plano.

Boston-based Liberty Mutual Insurance is in talks with developers and the city of Plano about constructing a huge service center in Legacy business park, real estate brokers say.

Like the new State Farm Insurance campus in Richardson, the Liberty Mutual project would consolidate operations from multiple locations.

Read more here on The Dallas Morning News