The 25-year agreement includes several requirements for AT&T, such as maintaining at least 4,000 full-time employees at the site.

PLANO, Texas — Plano City Council will meet next week to consider approving an economic incentive agreement that would give AT&T $20 million to move its headquarters from its Downtown Dallas location.

AT&T CEO John Stankey announced at the start of 2026 that the company would be moving its headquarters to Plano, constructing a new building at 5400 Legacy Drive.

With this new incentives agreement, if approved, would bring the total amount of funding for the future headquarters to more than $36 million. The $20 million in incentives would be available through the city’s economic development fund for this fiscal year.

To receive the incentive funds, the agreement stipulates that AT&T must meet a number of obligations. Those obligations include constructing a new building of at least 2 million square feet, with a minimum construction cost of at least $1.35 billion. 

AT&T must also create or retain and maintain at least 4,000 full-time employees for at least six months to receive the incentive payment, as well as continue to maintain those employees through the agreement. 

The agreement also requires AT&T to create or transfer and maintain an additional 4,000 employees by the end of 2034, and an additional 2,000 full-time employees by the end of 2039.

Other requirements include making a reasonable effort to sue Plano facilities for company-related business activities, and to use “Plano, Texas” or “Plano, TX” when referencing the company’s address on materials.

The new corporate campus will span across 54 acres and give the company enough room to consolidate all its Dallas-Fort Worth administrative space into one location, according to the announcement. The company currently has three campuses in Dallas, Plano and Irving. 

The company currently employs about 10,000 employees at its global headquarters in Dallas, according to the City of Dallas’ Office of Economic Development. 

AT&T is also the biggest Fortune 500 company headquartered in the city and the second-biggest in North Texas at No. 37, trailing only Irving-based McKesson (No. 9).

“The nature of the company and our work have both evolved significantly since we moved our headquarters to Dallas in 2008, but what hasn’t changed is our belief and confidence in the Dallas-Fort Worth Metroplex as the right place to operate a thriving multinational corporation,” Stankey said.