07/27/2021
Great article, ok I am biased. Sometimes you got to toot your own horn.
“Future-proofed” HQs in Texas
When Toyota wanted to move 2,800 people from different North American offices to a massive new HQ called Toyota One, the carmaker could have saved money by locating in a conventional industrial park. Instead, it put that 100-acre campus in the middle of a fast-growing Texas suburb, along the border of Plano and Frisco. Toyota One is less than two miles from a commercial district packed with retail, dining and entertainment options, including at the major mixed-use destinations Legacy West and Legacy Town Center. Residential developments are part of the local mix, as well, making for an easy commute for employees. “Toyota was very smart in its site selection for the campus,” said Concept Commercial Realty vice president of real estate Jimmy Pham. “Just based on that location, Toyota future-proofed themselves as far as being able to grab and retain employees.”
Now the market is buzzing about the impending opening of PGA of America’s HQ in Frisco, Pham said. Currently based in an office building in Palm Beach Gardens, Florida, the golf association wants its new HQ to be the center of a recreational and commercial hub. According to a press release, it will anchor a 600-acre, mixed-use project designed to “deliver innovative and differentiated experiences for our nearly 29,000 PGA golf professionals, golfers of all abilities and our staff.” The $520 million project is under construction. It will include a retail village, a 500-room resort, golf courses, a clubhouse and “Class AA” offices. Two PGA Championships and two KPMG Women’s PGA Championships are among the events scheduled for the site.
https://www.icsc.com/news-and-views/icsc-exchange/mutual-benefit-office-hqs-and-retail-and-mixed-use-hubs?
Not so long ago, a humdrum industrial park out of the TV show The Office was good enough for many employers. But more companies now aim to put their HQs and offices next to hubs of commerce that offer bars, restaurants, entertainment venues and...