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Plano OKs $20M in economic incentives for new AT&T headquarters

Plans for AT&T’s new $1.35 billion global headquarters in Plano are moving forward. 

What's happening?: Plano City Council approved two economic development agreements Feb. 23 that would offer $20 million in financial incentives to AT&T in exchange for establishing the company’s global headquarters in Plano’s Legacy District. The agreements would support the redevelopment of the former Electronic Data Systems campus, marking Plano’s first major corporate headquarters redevelopment project.

Zooming out: If AT&T meets the required benchmarks of the economic incentives, the company would become Plano’s second-largest employer, behind JPMorgan Chase.

Quote of note: “We are honored to welcome AT&T as the newest member of our Plano business community and deeply grateful for the opportunity to support their global headquarters,” Mayor John Muns said in a statement following the vote.

 
CI Business
Flying Fish opens second Plano location

Flying Fish recently opened a second Plano location, a company news release states.

On the menu: The fast-casual seafood eatery, which was founded by restaurateurs Shannon Wynne and Larry Richardson, serves grilled and fried fish, sandwiches, tacos and more.

  • 4032 Preston Road, Plano

 
In Your Area
Original ChopShop coming soon to Richardson

Original ChopShop is set to open a new location in Richardson later this year.

The details: The restaurant serves a variety of protein bowls, salads, sandwiches and all-day breakfast, as well as fresh juices and protein shakes. The Richardson location is targeting a grand opening in late September or early October, a company representative said in an email.

  • 1419 E. Renner Road, Richardson

 
Permit Preview Wednesday
See 5 of the latest permits filed in the North Texas area

Renovations at local medical facilities are some of the new projects filed recently with the Texas Department of Licensing and Regulation.

Here are five of the most expensive permits filed with TDLR for North Texas projects in the past week.

1. Parkhill Junior High and North Junior High at Richardson ISD

2. Alliance Embraer MRO

3. Garage and helipad for Medical City Fort Worth

4. Legacy ER and Urgent Care Frisco West

5. McIntyre Industrial Phase I buildings 1, 2 and 3

 

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