Developers Detail Plans for Two More Legacy Office Towers in Plano

Developers that own one of the last large high-rise sites in Plano's popular Legacy Town Center have detailed construction plans for the property.Dallas-based Tier REIT owns the four acres located on the east side of the Dallas North Tollway on Bishop Drive.Tier REIT plans to build two office towers with more than 600,000 square feet on the vacant tract which is next to the former Encana Oil & Gas Tower at 5851 Legacy Circle.The proposed office towers would be 10 and 11 stories tall.Tier REIT plans to build the office towers in partnership with Dallas-based Lincoln Property Co.The two firms have been marketing the projects to potential tenants, real estate brokers say.The Tier REIT office project is just across the tollway from the $3 billion Legacy West development which is the new home of offices for Toyota, Liberty Mutual Insurance and JPMorgan Chase.Tier REIT is a real estate investment trust with properties in eight states and the District of Columbia.It owns the Burnett Plaza skyscraper in downtown Fort Worth.And in North Dallas' Preston Center district Tier REIT has the 5950 Sherry Lane office building.  Continue reading...