Electronics giant Samsung is partnering with California-based Regent Properties to bringing 1,000 jobs to Plano as it consolidates its North Texas operations. Samsung will relocate teams from Richardson to a newly redeveloped 216,000 square foot building in Phase1 of Legacy Central’s Campus.
“We are continuing our strong commitment to North Texas by investing in a new office space at Legacy Central,” said Tim Baxter, President, and CEO, Samsung Electronics North America. “This move not only provides us with an opportunity to create an improved workplace experience for our Texas-based employees but truly showcases our continued investment in our Texas roots.
Workers will begin occupying the new office in the first quarter of 2019, with 1,000 employees in customer care, mobile, research and development and engineering expected to move to the new space over time. Over time, this new space will also accommodate growth and foster greater innovation for the brand as it plans to continue to grow and expand its North Texas territory.
Long committed to the North Texas community, Samsung’s move to Plano further demonstrates the company’s dedication to Texas and being an invested corporate citizen. North Texas is home to Samsung Electronics America’s second-biggest employee population in the U.S. across multiple divisions – Customer Care, Mobile, Mobile R&D, and Engineering. Samsung’s North Texas presence also includes a distribution in Coppell.
The company’s longstanding and growing commitment to Texas is also complemented by its $17 billion Samsung Austin Semiconductor manufacturing plant, responsible for creating more than 10,000 central Texas jobs and accounts for $3.6 billion in economic activity for the region. In addition, Samsung has provided more than $2.25MM to the North Texas area since 2014, including technology donations to schools, support to local BGCA chapters, and more.
“We welcome Samsung to the City of Excellence! This addition to our eastern corridor marks the continuation of the renaissance that began in Downtown Plano. It is a pivotal moment to have a company the magnitude of Samsung be the catalyst that helps create a vibrant mixed- use development at Legacy Central. We look forward to welcoming their entire team to not only be in our city, but to be part of the rich and diverse fabric of our community,” said Mayor Harry LaRosiliere.
Spanning more than 84 acres and 1 million square feet of office space, Legacy Central recently underwent $100 million worth of renovations, including an upgraded 25,000 square foot wellness center (complete with lap pool), basketball court, private fitness studio and a rock climbing wall. There is also a 15,000 square foot conference center with tenant lounge and 400-seat- farm-to-fork food hall. Topping all that off is a network of wi-fi enabled courtyards which creates a pretty Google-esque working environment.
The improvements have brought other technology companies to the development, with Roland Technology Group, an information technology support provider, and The 20 MSP, a business development group for the IT industry, announcing in February plans to move to the campus.
“We’ve signed a 216,000-square-foot lease with Samsung,” said Regent CEO Eric Fleiss. “They are taking an entire building on the north side of the campus.
Earlier this year, tech consulting firm Roland Technology Group rented 22,761 square feet at Legacy Central.
The Samsung deal is one of the biggest office leases signed in North Texas so far in 2018.
“They have the ability to have their own building in the project and room to grow,” Fleiss said. “They love the feeling of the building, the amenities and our food hall.
“It’s a great prove-up for our entire project,” he said. “They are a phenomenal anchor tenant for us.”