Plano officials are expected to sign off on a site plan that would pave the way for a new $1.35 billion AT&T headquarters campus, marking a major corporate real estate commitment in the city. The planned corporate hub will span 54 acres and is being developed by KDC, positioning the project as a large-scale office campus undertaking.
The development will relocate AT&T operations currently housed at the 37-story Whitacre Tower in Dallas, shifting the telecom company’s workplace footprint from a high-rise setting to a purpose-built campus environment. While a construction start date has not yet been determined, reporting from the Dallas Business Journal indicates that AT&T employees could begin moving into the new facilities in the second half of 2028, providing an initial timetable for occupancy.
The project site has already undergone significant change. The new campus is being constructed on the grounds of the former Electronic Data Systems campus, which was razed in August to clear the land for redevelopment. Demolition of the earlier complex has effectively reset the property for ground-up construction and modern infrastructure tailored to AT&T’s requirements.
To support the project, Plano approved its largest economic development incentive package earlier this year. The package includes a $20 million grant along with substantial property tax rebates, reflecting the city’s effort to secure and retain a major corporate headquarters investment. These incentives form a key part of the capital stack supporting the project and signal the municipality’s willingness to compete for large corporate users.
On the design front, architecture firm Gensler has been engaged to lead the campus design, while landscape architecture firm SWA Group is overseeing open-space and landscape planning. Engineering consultant Kimley-Horn is providing engineering services for the site, rounding out a project team focused on delivering a modern corporate environment.
From a financing standpoint, JPMorgan Chase is providing KDC with a $400 million construction loan to advance the build-out of the campus. The loan supports the initial phases of development on the 54-acre site and represents a significant commitment of construction capital from a major bank. The combination of private financing, municipal incentives, and a long-term corporate user highlights the scale and complexity of the headquarters undertaking in Plano.
As planning approvals move forward and site work progresses on the former Electronic Data Systems property, the AT&T campus is positioned to be a notable office development within the region, anchored by a single corporate tenant and backed by a mix of public and private capital.
