Japan firm eyes hotel in Plano’s booming Legacy project

August 9, 2018

A high-rise hotel to be operated by a Japan-based firm is in the works for Plano's booming Legacy business park.

The 10-story, 250-room hotel is planned on Legacy Drive as part of the redevelopment of J.C. Penney's longtime headquarters. Dallas developer Sam Ware is leading a partnership that's redeveloping the 1.3 million-square-foot Penney headquarters complex and 40 acres of land surrounding the offices.

Ware is renovating the 27-year-old Penney offices into spaces for multiple tenants; tech firm NTT Data has already leased a big block of the former Penney office space.

Now Ware's company has filed documents with Plano's planning and zoning commission with details for the hotel to be constructed in front of the Penney building. The hotel tower and 5-story parking garage would be the first major addition to the Penney property, which has been renamed the Campus at Legacy West.

"We are very excited to have Kintetsu Hotel Group out of Tokyo," Ware said in an email. "They came to serve Toyota and NTT Data and other surrounding businesses."

Just about a year ago, Toyota relocated its North American headquarters from California to Plano, bringing more than 2,500 workers along with it. The new campus, just across the street from the old Penney headquarters, now employs well over 4,000 workers.

Japan's Kintetsu Group Holdings is a transportation, logistics and retail conglomerate with hotels in Japan and California. Its best-known brand is the Miyako Hotels & Resorts but it also operates properties under the Westin and Sheraton flag.

Ware said that Dallas' Merriman Anderson Architects is designing the Legacy hotel.

The planned hotel would be one of the most visible changes at the Penney campus since Ware's firm bought the property in 2016 for more than $350 million. Ware's Dreien Opportunity Partners is spending more than $60 million to remodel the existing office buildings while working on additional construction on the surrounding land.

Ware recently removed proposals for more than 1,000 apartments in the project after pushback from Plano residents.

The Campus at Legacy West project is surrounded by the $3 billion mixed-use Legacy West development which has new offices for Toyota, JP Morgan Chase, Liberty Mutual Insurance, Boeing, FedEx Office and NTT Data.

The Legacy West development includes a 304-room, 15-story Renaissance Hotel.

And construction recently started on a Marriott Autograph Hotel in Legacy West's Urban Village.