Former Texas Instruments campus sold

​PLANO – ​​Los Angeles-based Regent Properties has purchased the former Texas Instruments campus with plans to convert the 84-acre high-tech center into an office and mixed-use complex called Legacy Central.

The new owner will renovate four buildings while looking at potential construction on 16 undeveloped acres at the campus, which can accommodate up to 3.7 million sf. ​

Other plans include reorienting the campus toward Central Expy., developing vacant land along the highway for a hotel, restaurants and retail as well as renovating the existing buildings to conference rooms, a 150-seat auditorium and a 30,000-sf fitness center. The campus will also include a one-mile exercise trail and a four-acre park.

The TI campus was built at Legacy Dr. and Central Expy. starting in the mid 1980s. Now it has around one million sf of buildings.

Construction is expected to begin on Legacy Central in the second quarter. Regent has been working on the deal since last fall. TI will continue to occupy two of the buildings through 2016.

Dallas-based architects BOKA Powells will design the project.