Monday, June 29, 2015
Top restaurant operators are flocking to Plano’s new Legacy West development
Not just Toyota and Liberty Mutual Insurance are moving to the new Legacy West development in Plano.
Some of the country’s top restaurant operators are heading to the $2 billion Collin County development, too.
Karahan Cos. – which also developed the successful Shops at Legacy retail center in West Plano – has already signed leases with a more than a half dozen big name restaurants for Legacy West.
And the developer has other eatery deals in the works.
Legacy West will also feature a one-of-a-kind food hall building with a market area, specialty food vendors and room for live entertainment, said developer Fehmi Karahan.
“We’ve been so pleased with the response we are getting to the retail portion of the development,” Karahan said. “This is going to be a step up from what we did at the Shops at Legacy.”
Construction started earlier this year on the $400 million Legacy West urban village, and the first building will open next summer.
The project includes 280,000 square feet of retail and restaurant space, a 300-room, $82 million Renaissance Hotel, hundreds of apartments and offices being built along the west side of the Dallas North Tollway at Legacy Drive.
Tommy Bahama – the popular fashion retailer – has rented a building in Legacy for a combination store and restaurant and bar. Called a Tommy Bahama Island store, the company one does one location a year.
Others are in Hawaii, Tokyo, New York City, Las Vegas, Orlando and 10 other spots around the country.
Dallas restaurateur Alberto Lombardi of Lombardi Family Concepts has rented three locations in Legacy West.
The Lombardi family will locate their Taverna, Bistro 31 and Toulouse restaurants in the project.
Phoenix-based chef Sam Fox’s Fox Restaurant Concepts will locate a North Italia and True Food Kitchen restaurants in Legacy West.
And New York chef Daniel Meyer’s Shake Shack will open its second Texas location in the development. Shake Shack has a location on South Lamar in Austin, plus spots in New York, Chicago, Las Vegas, London and elsewhere.
“We are on a very aggressive building schedule,” Karahan said. “There is huge interest from retail tenants.”
The 3-story food hall building will contain more than 30,000 square feet and will be located at the north end of the project.
Karahan said the idea is to take the best of popular market buildings in Seattle, Boston and San Francisco and “give it a Texas flavor.”
JHP Architecture and Gensler have designed the big retail building with stonework, glass and large doors. There’s will be a combination of indoor and outdoor spaces.
“I wanted modern Texas ranch style architecture,” Karahan said. “It’s a timeless style that fits in well with the rest of what we are doing.”
The planned food hall building will be located just south of where developers plan to build a 30-story condominium tower. And it’s also near Liberty Mutual Insurance’s planned twin-tower office campus along Headquarters Drive.
Within two years more than 13,000 people will be working in the Legacy West project – making it one of the largest new job centers in the state.
Real estate brokers say that the big corporate employers in the project have been attracted by the high-quality retail and apartments that appeal to their professional workers.
Legacy West is being developed by a partnership that includes Karahan Cos., Columbus Realty, KDC and J.C. Penney.
FedEx Office will open its new headquarters in the development later this year. Toyota and Liberty Mutual will start moving workers to the project in 2017.
Steve Brown/ Dallas Morning News