PROGRESS REPORT 2016
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1 2016
2 FROM THE MAYOR 01 INTERSECTION OF OPPORTUNITY Our economic development activity is the catalyst that has propelled Plano and North Texas to thrive as the place of opportunity. Harry LaRosiliere, Mayor City of Plano
3 2016 EXECUTIVE SUMMARY 03 COMPANY DESCRIPTION PROJECT TYPE APPROXIMATE SQUARE FEET EMPLOYMENT COMPANY DESCRIPTION PROJECT TYPE APPROXIMATE SQUARE FEET EMPLOYMENT JPMORGAN CHASE & CO. FANNIE MAE STREAM DATA CENTER COMPUCOM SYSTEMS PENNYMAC FINANCIAL SERVICES JW NUTRITIONAL (DBA PROSUPPS) CRESTRON ELECTRONICS ASCENT DATA CENTER OFFICE SUITE STRATEGIES MAIN EVENT MISYS FINANCIAL SOFTWARE COCA-COLA NORTH AMERICA Financial Services Financial Services Data Center IT Outsourcing Services Financial Services Health Supplements Manufacturer High-Tech/Home Automation Data Center Serviced Office Centers Arcade/Bowling/Family/Corporate Entertainment Financial Services/Software Solutions Beverage Manufacturer/Retailer 1,000, , ,000 92,250 75,000 65,000 56,000 43,400 35,000 30,000 27,000 27,000 4,800 2, ALLIED BUILDING PRODUCTS TOYOTA CONNECTED APCON FIDELITY INVESTMENTS QUALTRICS FORESCOUT TECHNOLOGIES BOWHEAD (UICGS) BALANCE CREDIT VALTECH SOLUTIONS VALTECH SERVICES Building Products Distributor Data Management/Telematics/In-Car Services Network Monitoring Solutions/Analysis/Security Financial Services Research Software Network Security Services Government/Defense Manufacturing Solutions Online Lending/Credit Services IT Professional Services/Consulting Digital Marketing Agency TOTAL 21,500 20,000 19,800 16,000 15,300 12,000 11,500 10,000 9,500 5,700 2,221, ,274
4 HIGHLIGHTS 05 JPMORGAN CHASE & CO. JPMorgan Chase & Co., a global financial services firm, is constructing its new regional operations campus in the Legacy business park. The $360 million campus will total over 1,000,000 square feet and will house over 4,800 employees. On the corner of Dallas North Tollway and State Highway 121, the campus will be situated next to Liberty Mutual Insurance and Gaedeke s One Legacy West building. The company expects to start moving employees in the second half of Over time, we expect 6,000 employees to work at the new campus roughly half of our employee population in the Metroplex, JPMorgan Chase spokesman Greg Hassell said. Our new campus will make it easier for our employees to collaborate in providing outstanding service and solutions to customers and clients around the world. It will also reduce the company s real estate operating costs in the Dallas-Fort Worth market, savings we ll reinvest in our strategic campuses to provide the facilities, work environment and accommodations our employees need and deserve. The 49-acre six-building office campus will feature large office buildings, parking garages and water features. Our new campus will make it easier for our employees to collaborate in providing outstanding service and solutions to customers and clients around the world. Greg Hassell JPMorgan Chase & Co.
5 06 PL ANO, TEX AS PL ANO, TEX AS 07 FANNIE MAE Fannie Mae (Federal National Mortgage Association), a governmentsponsored financial services corporation, announced the consolidation of its three locations in North Texas into a new 10-story, 330,000-square-foot building in Granite Park. Currently being constructed, Fannie Mae plans to open its doors in late 2017, and will employ up to 2,000 employees. This will allow our teams to work better together, which is important because Dallas is a pretty significant hub for the mortgage industry, Fannie This will be an important location for us. Mae spokesman Andrew Wilson said. This will be an important location for us. Andrew Wilson Fannie Mae
6 08 09 COMPUCOM SYSTEMS COCA-COLA NORTH AMERICA CompuCom Systems, Inc., a technology infrastructure services company, relocated their operations to Legacy business park, located on 8383 Dominion Parkway. The company occupies over 92,000 square feet of office space and will house up to 200 employees. In business since 1987, CompuCom has over 11,000 employees globally. We believe that the new, modern office building with its open design concept and enhanced technology will provide us with a more efficient workspace to foster communication, collaboration and engagement with our associates, clients and other business partners, CompuCom Chief Marketing Officer Jonathan James said. The new office is in a convenient location for the majority of our commuting associates, as well as it provides convenient access from area airports for visiting clients and partners. Coca-Cola North America, a global beverage distributor, consolidated its Dallas-Fort Worth regional offices and relocated operations to Granite Park at 5800 Granite Parkway in December The company, leasing over 26,000 square feet, plans to move 100 employees to Granite Park One, which is currently undergoing lobby renovations. They looked at pretty much anything up and down the tollway, JLL s Greg Biggs said. A lot of it had to do with the amenities of Granite Park. That was a real key to their decision.
7 10 11 THE PROXIMITY TO THE DFW AIRPORT AS WELL AS SEVERAL LOCAL Photo by Michael Lewis, North Texas Portraits CRESTRON ELECTRONICS MISYS FINANCIAL SOFTWARE BALANCE CREDIT RESTAURANTS AND STORES MAKES IT A VERY ATTRACTIVE LOCATION. James Bell Crestron Electronics Crestron Electronics, a New Jersey-based high-tech firm, has moved into Legacy Tower, located on 7250 Dallas Parkway, occupying over 56,000 square feet. With over 90 locations in over 35 countries, the new office in Plano is the company s largest operation outside its headquarters in Rockleigh, New Jersey. Housing approximately 250 employees, the new office supports research and development, customer support, IT support, manufacturing and engineering. Legacy Tower is at the center of a large corporate park which includes several other global companies and is a hot bed for talent that can help Crestron grow, Director of Materials Management James Bell New Facility: The company s largest operation outside its headquarters Misys Financial Software, a global financial software company, opened its new office in the International Business Park at 6400 International Parkway. Misys, a London-based company, occupies over 26,900 square feet, and expects to have over 120 employees. Plano has seen an influx of big business names in recent years and offers a wealth of talent, so it is a natural base for us, Misys CEO Nadeem Syed said. The need to move to a new office to accommodate our growing workforce really highlights the pace at which we are expanding our business and cements our position as a leading and innovative financial software provider. Investing in our new Plano has seen an influx of big business names in recent years and offers a wealth of talent, so it is a natural base for us. Nadeem Syed CEO Balance Credit, an online provider of unsecured personal loans and credit services, opened a state-of-the-art call center located at 6504 International Parkway. Occupying 10,000 square feet, the company moved to Plano in June 2016, and anticipates employing over 100 technical and customer service employees. This facility provides the space needed to expand both our customer support and financial services operations, to enable a more rapid response to meet our growing needs, COO Gena Evertson said. Our new, dedicated facility allows us to recruit personnel skilled in high-tech, high-touch servicing and operations, which are New Facility: 10,000 square feet of office space said. The proximity to the DFW Airport as well as several local Texas base demonstrates our commitment to the region and more easily hired in the North Texas corridor. We anticipate restaurants and stores makes it a very attractive location. our lending market solutions. over 100 technical and customer service professionals working at the new facility.
8 12 13 TOYOTA CONNECTED APCON Toyota Connected Inc., a data science hub and product APCON, an Oregon-based intelligent network monitoring solutions THIS IS THE MOST development company, was launched by Toyota in 2016 provider, announced the relocation of their regional office to a new to expand the company s capabilities in data management and data services development. The company, temporarily located on 5360 Legacy Drive, will occupy 20,000 square building in Plano at 4351 Mapleshade Lane. The company built a 58,000-square-foot office, and occupies over 19,000 square feet, leaving additional space for other tenants. Opened in late SOUGHT AFTER JW NUTRITIONAL (DBA PROSUPPS) feet of new office space in the Legacy business park beginning December We are excited about this new live-work-play space and think our new employees will love this creative and engaging environment, Toyota Connected 2016, the company will have 25 employees. Not only was the Dallas-Fort Worth area a good place to raise a family and live, President and CEO Richard Rauch said, it s filled with the type of professional talent we need to remain industry leaders. LOCATION IN TEXAS JW Nutritional (dba ProSupps), a contract manufacturer of dietary supplements, functional foods and pet nutrition, announced the grand opening of its new manufacturing facility in June The 65,000-square-foot facility, located on 2801 East Plano Parkway, is largely dedicated to produce the company s protein powders. The company, who recently received a third-party Good Manufacturing Practice certification from NSF (a public health organization), will have CEO Zack Hick said. It s close enough to collaborate with Toyota s new North America headquarters, but will remain separate to create their own startup culture. PENNYMAC FINANCIAL SERVICES FORESCOUT TECHNOLOGIES Forescout Technologies, a computer and network security company, is opening its new 12,000-square-foot Customer Care & Sustaining Engineering Center at 2400 North Dallas Parkway. The new office opened in 2016 and will employ up AND IS FILLED WITH TONS OF SUPPORT AND SECURITY TALENT. 50 employees. to 60 support, sustaining and quality assurance engineers. This is an exciting milestone for us, as we now boast over 130,000 square feet of space with the addition of our new facility, President and Founder Jesse Windrix said. We re PennyMac Financial Services, Inc., the largest non-bank correspondent lender in the United States, has leased This is the most sought after location in Texas and is filled with tons of support and security talent, Senior Vice President of Support & Consulting Jason Pishotti said. As we continue Jason Pishotti Forescout Technologies now able to bring our customers the same service with their over 75,000 square feet at 2201 West Plano Parkway. The ramping up our hiring, we need to ensure we re in the right protein products that they were already receiving from us out company is expanding their service operations to support place surrounded by the right people who understand our of our capsule and tablet facility. growth and investment in technology. mission, industry and culture.
9 PLANOTEXAS.ORG
Progress Report 2017
Progress Report 2017 72 Square Miles 9th Largest City in Texas 27Blue Ribbon Schools 55% Bachelor s Degree + 279,088 Population $85,085 Median Household Income $43,579 Per Capita Income $248,800 Median
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