PRESS RELEASE
Media Contact: Stefanie Schmit
646.654.3435
sschmit@nikecomm.com
Legacy West to Anchor Best-in-Class Fashion Brands
at North Dallas’ Newest Urban Destination
August 3, 2015 - New York, NY – Legacy West, Plano, Texas’ newest urban destination is
set to further amplify the city’s rising economy and satisfy the demands of the country’s most
sophisticated consumers. With the grand opening scheduled for March 2017, Legacy West
boasts 335,000 square feet of open-air retail and restaurant space, ensuring that prestigious
brands and premier restaurants will give fashion and food enthusiasts reason to visit time and
again. At the helm of Legacy West is The Karahan Companies, a fully-integrated real estate
development, property management and investment firm that has been actively involved in
Dallas-Fort Worth Real Estate since 1982. To assist in curating a premium blend of retailers
and restaurants, Karahan has joined forces with Open Realty Advisors, a renowned real
estate firm lauded for spearheading the retail growth of Apple, Restoration Hardware, Warby
Parker, Tesla, J. Crew and many more. In addition to its success in growing consumer
brands, Open Realty has also been an integral part of the team for high-profile projects such
as River Oaks District in Houston and Buckhead in Atlanta, as well as significant
redevelopments including Henderson Avenue in Dallas.
Iconic and emerging retailers, Fortune 500 companies and consumers alike are taking notice
of the explosive growth in the City of Plano, making Legacy West a welcome addition to the
Dallas-Fort Worth marketplace. Located just 22 miles north of downtown Dallas, Plano was
voted “Best Place to Live” in the Western United States by CNN Money and ranked one of
the “top three suburbs to live well.” Plano was also recently awarded a 4-STAR rating for
their willingness to lead in creating a city where people can prosper, as well as generating
programs for preserving the environment and providing residents with a high quality of life.
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Among the wealthiest cities in Texas, with a median household income in the top 1%, Plano
boasts exemplary public schools (10th best in the country) and was named “America’s Safest
City” by Forbes.
Legacy West is located in the heart of Legacy Business Park, (2,600 acres and over 18
million square feet of corporate and regional headquarters), and directly across from Legacy
Town Center/The Shops at Legacy, a 168-acre, nationally recognized master-planned
development of boutique retail, best-in-class restaurants, urban-style homes, corporate and
regional headquarters, a full-service hotel and over eight acres of public parks and trails.
Developed by Karahan, Legacy Town Center has enjoyed 16 years of success as a renowned
gathering place for North Texas residents and corporate clientele.
Legacy West will be a
natural extension of and the ideal high-end complement to Legacy Town Center.
Given the booming economy and bustling energy of North Texas, it’s no wonder companies
such as Toyota Motor Corporation, FedEx Office Corporation, and Liberty Mutual Insurance
have chosen to make Legacy West their home. These three companies alone employ over
13,000 people and will account for more than $1.7 billion in new annual payroll.
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additional Fortune 500 companies (PepsiCo, Frito-Lay, J.C. Penney Corporation, Dr Pepper
Snapple Group, Pizza Hut/Yum Brands and HP Enterprise Services) have long been residents
of the award-winning Legacy Business Park.
According to developer Fehmi Karahan, “We want to provide residents and visitors of North
Texas access to a wealth of high-end amenities, residences and employment opportunities in
one central location. Legacy West will have it all – the best places to live, work, eat, play
and shop – in a vibrant yet relaxed atmosphere.”
Karahan and Open Realty are working together to bring the finest mix of high-end fashion,
from global brands to local boutiques, as well as a collection of highly acclaimed restaurants
offering an extensive variety of cuisine. Legacy West will also feature a stunning 31-floor
condo tower as well as 1,200 luxury apartments and 125 urban villas that will all compliment
the urban landscape of Legacy West.
The modern sophistication of the 303-room
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Renaissance Legacy Hotel in Legacy West will provide a perfect setting for mingling
business with pleasure.
Legacy West, the destination where some of the best names in fashion, dining, residential,
business, entertainment and hospitality, come to shine – modern sensibilities abound in a chic
thriving community with EVERYTING to offer…
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