The owner, Dallas-based NexPoint Advisors, sees residential units as a key to converting the huge office Electronic Data Systems complex into a life sciences...
unveiled plans to convert the vacant office buildings into a $3 billion life sciences campus called the Texas Research Quarter.
As part of the redevelopment, the firm wants to add mid-rise residential buildings and a hotel along Parkwood Boulevard south of Legacy Drive. “The applicant is proposing a maximum of 775 mid-rise residential units,” according to Plano planning documents. “The request is intended to revitalize this unique property through the construction and improvement of nonresidential buildings, preservation of the existing central office building, and the introduction of required open space and pedestrian-oriented site standards.
“It may also house patients seeking treatment at a proposed cancer center and research hospital to be located on one of the adjacent parcels. The project will preserve the legacy and architectural character of the EDS campus while breathing new life into this landmark building through significant upgrades and modifications to the property.”
The vacant campus is one of the largest available office blocks in the Legacy business park. Started in the 1980s, the almost 3,000-acre development in West Plano is one of the largest employment centers in the state.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Hotel in East Hollywood to be used as housing facility amid LA homeless crisisA hotel building in East Hollywood will be used as a 75-unit support housing facility. The building is being built as part of California's Project Homekey program.
Read more »
OM’s New Medical TG-6 Housing Can Withstand Super-Heated SterilizationOM System has created a housing for the Tough TG-6 camera that can be autoclaved, making it ideal for use in the medical field.
Read more »
‘Container Monster': Housing development for unhoused made of shipping containers sparks debateAn upcoming housing project in El Cerrito has sparked controversy in its neighborhood as locals voice concerns over their proximity to the supportive housing development.
Read more »
Why Climate Change Is Going to Make It Even Harder to Find Affordable HousingAmericans are already facing a shortage of 4 million housing units, but climate change is going to make it a whole lot worse. Real estate experts say climate threats will make it harder to afford to live in cities across the U.S. as wildfires, floods and storms turn up the pressure on an already unsustainable housing market.
Read more »
Mom who uses wheelchair shines light on accessible housing barriersFor Domonique Howell, finding a place to live that she can afford and access with her wheelchair has been a lifelong struggle.
Read more »
Housing’s Recession Already HappenedHeard on the Street: While talk of a potential U.S. recession continues, the housing market’s recession could already be in the rearview mirror
Read more »