What Does AT&T's New Plano Headquarters Mean for Home Values Near Legacy West?

AT&T is building a new $1.3 billion, 2-million-square-foot headquarters at 5400 Legacy Drive in Plano, and crews imploded the old EDS office campus in early August 2026 to clear the site. About 6,000 employees are expected to move from downtown Dallas to Plano by 2028, and moves like this typically drive up demand and prices for homes near the new campus.

 

I watched the videos of that old EDS building coming down in Plano and honestly, it hit different than most demolition footage. That site at Legacy Drive is about to become AT&T's new $1.3 billion headquarters, and it's one of those moments where you can practically watch the market shift in real time.

Here's the short version. AT&T announced back in January that it's moving its corporate headquarters from downtown Dallas to a new 54-acre campus in Plano, right by Legacy West. We're talking north of 2 million square feet, a tower with AT&T's logo you'll be able to see from a while away, and around 6,000 employees relocating over the next couple of years. The city even put together a $20 million incentive package to help land the deal. Construction on the new building is expected to wrap by 2028.

So what does this actually mean if you're buying or selling in Collin County? A few things I'm watching closely.

First, 6,000 jobs don't just disappear into thin air when it comes to housing. A meaningful chunk of those employees will want to live close to work, which means Plano, Frisco, and parts of McKinney should see steady buyer demand in the years leading up to 2028, even in a market that's cooled off from the frenzy of a few years back.

Second, this is a vote of confidence in Plano specifically. When a company sinks over a billion dollars into a single site, they're betting on the area's long-term growth, not just this year's numbers. That matters if you're a seller wondering whether now is still a good time to be in this market, or a buyer wondering if Plano still has room to run.

Third, if you're house hunting near Legacy West right now, I'd pay attention to how inventory and pricing behave over the next 12 to 18 months. Anticipation of new jobs tends to move faster than the jobs themselves.

I'll be tracking this one closely because it's the kind of story that actually changes how I advise clients, not just something fun to talk about at a listing appointment.

If you're thinking about buying or selling a home in Plano, reach out to Christina Money. I'd be happy to help you understand what's happening in the market and what your options are.

FAQ Section:

Q: Where is AT&T's new headquarters located?
A: AT&T's new $1.3 billion headquarters is being built on a 54-acre campus at 5400 Legacy Drive in Plano, Texas, near the Legacy West development. The company imploded the old EDS office building on the site in early August 2026 to prepare for construction.

Q: How many jobs is AT&T bringing to Plano?
A: AT&T plans to relocate roughly 6,000 employees from its downtown Dallas offices to the new Plano campus, with the transition expected to begin around 2028.

Q: Will AT&T's move to Plano affect home prices?
A: Large corporate relocations that bring thousands of jobs typically increase housing demand in nearby cities over time. Plano, Frisco, and parts of McKinney are the areas most likely to see buyer interest tied to AT&T's move as the 2028 timeline approaches.

Q: When will AT&T's new Plano headquarters be finished?
A: Construction on AT&T's new campus is expected to be complete with employees transitioning in by around 2028, according to city and company statements.