An architect’s rendering shows what Plano’s Legacy West will look like in a few years. Toyota’s new headquarters is at the top left. Liberty Mutual Insurance’s offices and high-rise residential buildings are at the top right. The 35-acre Legacy West urban village is in the center of the photo along the tollway. (Karahan Cos.)

 

Only about 20 months have passed since developers announced plans for the $2 billion Legacy West project in Plano. Only about 20 months have passed since developers announced plans for the $2 billion Legacy West project in Plano.

But less than two years after developers bought 250 acres on Legacy Drive at the Dallas North Tollway for the project, more than a billion dollars of construction is already underway.

Office campuses for Toyota Motor and Liberty Mutual Insurance are being built. FedEx Office is moving into its new worldwide headquarters in Legacy West

And construction is underway on the Legacy West urban village, a 35-acre complex along the west side of the tollway that includes 784 luxury apartments, 280,000 square feet of retail, 260,000 square feet of office space and a 300-room Renaissance Hotel.

Gaedeke Group LLC is also building its One Legacy West office tower – a 14-story 327,856-square foot building – at Legacy Drive and State Highway 121.

Starting construction next year will be a 30-story condominium tower and a 30-story apartment high-rise next door to Liberty Mutual’s two 19-story office towers.

“This is just unbelievable what’s being built,” said developer Fehmi Karahan, one of the partners in Legacy West with Columbus Realty, KDC and J.C. Penney. “In two years when you look at what we’ve built you’ll say, wow!”

Actually you don’t have to wait that long.

Karahan has had an architectural rendering that shows all of the Legacy West development and it will look upon completion.