Plano-based CALWest has resumed construction on multiple on-site projects.
CALWest is a three-story, class-A office building located at the heart of the 86-acre Legacy West campus in Plano.
The 1,829,794-square-foot office building served as the headquarters of JCPenny from 1992 to 2020 and will do so again after the department store signed the biggest office lease seen in Dallas-Fort Worth in 2022, as The Dallas Express previously reported.
Construction at the site commenced in January with a mix of modifications, installations, and renovations, according to recent reporting by Community Impact. Construction plans include the addition of a retaining wall around the pond, and improvements to the storm sewer lines, among other small enhancements.
Austin-based Capital Commercial Investments (CCI) purchased CALWest in 2021, with plans to revamp the site into a larger masterplan development. The site will become a mixed-use development featuring a Miyako Hybrid Hotel, a new outdoor park, and space for retail, office, and residential, according to a brochure of CALWest.
Office space at CALWest is available for rent through the Dallas-based real estate investment management firm Jones Lang LaSalle (JLL).
The 250-room Miyako Hybrid Hotel will feature a spa and exercise facility, a full-service Japanese restaurant, a Japanese market, a 12,000-square-foot conference facility, and a rooftop bar. This hotel is scheduled to open sometime between 2023 and 2024, according to the CALWest brochure produced by JLL.
Despite construction on the site pausing in 2019, CCI is using 2023 to move the project full steam ahead.
With development projects moving forward and popping up in cities like Plano, Frisco, and Las Colinas, it is troubling to imagine how fast Dallas could be growing if only City Manager T.C. Broadnax could harness the necessary tools required to speed up the city’s imperfect permitting process.
