Legacy high-rise hotel: worth every PenneyLegacy high-rise hotel: worth every Penneyhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=207762018-08-07T05:00:00Z2018-08-08T00:00:00Z

​​​​​​Image of the former JCPenny headquarters.PLANO – A high-rise hotel to be operated by a Japanese firm is in the works for Legacy business park.

The ten-story, 250 room hotel is planned on Legacy Dr. as part of the redevelopment of J.C. Penney's long-time headquarters.

The hotel tower and five-story parking garage would be the first major addition to the Penney property, which has been renamed the Campus at Legacy West.

A partnership headed by investor Sam Ware's Dreien Opportunity Partners is redeveloping the 1.3 million-sf Penney headquarters complex and 40 acres of land into spaces for multiple tenants.

The partnership bought the property in 2016 for more than $350 million.
Dallas Morning News
Dallas-Fort Worth-Arlington
https://www.dallasnews.com/business/real-estate/2018/08/06/japan-firm-eyes-hotel-planos-booming-legacy-projectRead more at the {Source}

 Search NewsTalk Texas