AT&T breaks ground on $1.4B Plano headquarters, The Real Deal says
The outlet's $1.4B figure sits just above the $1.35B floor in the city's agreement. No building permit total has been published yet.
AT&T has broken ground on its new Plano headquarters, a project The Real Deal puts at $1.4 billion in a Nov. 13, 2026 report. The cost is the outlet’s figure; we have not found a permit or state filing that states a total.
Why it matters
A $1.4 billion corporate campus is a major private commitment in Plano, and it anchors Legacy West. The reported cost lines up with the city’s paperwork. Under the tax abatement agreement (ItemID 10626), AT&T must add at least $1.35 billion in real property improvements at 5400 Legacy Drive. The outlet’s number is about $50 million above that floor, so it is consistent with the minimum rather than a sign of a much larger build.
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The numbers
Plano’s incentive agreement (ItemID 10625) pays AT&T a $20 million grant for transferring, retaining or creating up to 10,000 full-time job equivalents by Dec. 31, 2039. Both agreements require at least 2 million sq ft of office, amenity and retail space. We reported separately that developer KDC registered 11 Texas Department of Licensing and Regulation filings on Oct. 14, 2026 for buildings, garages and a utility plant on Legacy Drive. The $1.4 billion total comes only from The Real Deal and is not confirmed by a record we have pulled.
What’s next
Watch for a permit total from the city of Plano and a recorded deed of trust in Collin County. A closed loan would show how the debt is sized against the build. No closing has been recorded. Read more: KDC’s financing search, the Project Eagle filings and the Dallas-Fort Worth market page.
Quick answers
- Did AT&T break ground on the $1.4B Plano headquarters in Dallas?
- The Real Deal reports AT&T broke ground on a $1.4B Plano headquarters. Plano's tax deal sets a $1.35B minimum build at 5400 Legacy Drive.
- Who is developing AT&T Global HQ Campus?
- AT&T and KDC, according to The Real Deal, AT&T breaks ground on $1.4B Plano headquarters.
- What are the key numbers for AT&T Global HQ Campus?
- reported cost: $1.4B; city minimum: $1.35B; minimum space: 2M sq ft; job target: 10,000.
On the record
Plano NovusAgenda, tax abatement agreement with AT&T Services, ItemID 10626
Plano NovusAgenda, tax abatement agreement with AT&T Services, ItemID 10626 · plano.novusagenda.com
Primary record
- Plano NovusAgenda, economic development incentive agreement, ItemID 10625plano.novusagenda.com/agendapublic/CoverSheet.aspx?ItemID=10625&MeetingID=3669
Also reported by
- The Real Deal, AT&T breaks ground on $1.4B Plano headquarterstherealdeal.com/texas/2026/11/13/att-breaks-ground-on-1-4b-plano-headquarters