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AT&T is planning to construct a brand new company headquarters outdoors downtown Dallas within the suburban metropolis of Plano, the corporate mentioned in a letter to staff on Monday.
CEO John Stankey mentioned in a letter to AT&T staff that the corporate plans to relocate its headquarters, which has been in Dallas since 2008, to a location close to the Legacy West meals and buying district in Plano.
The brand new headquarters will likely be located on 54 acres of land that beforehand served because the headquarters of Digital Knowledge Techniques.
“We’ll be reworking this website from the bottom up — demolishing the outdated buildings and designing a brand new, trendy campus that is constructed for the way we work finest: collectively,” Stankey mentioned within the letter, in response to The Wall Avenue Journal.
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AT&T plans to relocate its headquarters, which has been in Dallas since 2008, to a location close to the Legacy West meals and buying district in Plano. (Ronald Martinez/Getty Photographs)
AT&T’s plan entails relocating a lot of the 6,000 staff at its high-rise Dallas headquarters to the brand new facility in Plano, which would be the house of a broader, low-rise campus that can consolidate extra of its operations on-site.
An AT&T official advised the Journal that the corporate could not discover a big sufficient parcel of land in downtown Dallas to accommodate the plans for a brand new headquarters, although they famous the corporate will hold some personnel and company capabilities downtown.
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Ticker Safety Final Change Change % T AT&T INC. 24.15 -0.11
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The telecommunications large is planning to start occupying the brand new headquarters by the second half of 2028.
The transfer by AT&T comes as a number of different corporations have relocated their company headquarters to the suburbs of Dallas.
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AT&T will transfer its headquarters from downtown Dallas to the suburb of Plano. (HUM Photographs/Common Photographs Group by way of Getty Photographs)
Toyota opened its North American headquarters in Plano in 2017, whereas asset supervisor Fisher Investments mentioned in 2023 that it will transfer its headquarters from the state of Washington to Plano.
Caterpillar and Wells Fargo are additionally among the many corporations which have opted to construct campuses within the Dallas suburbs, whereas Goldman Sachs is constructing a 14-floor campus in Dallas.
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