PLANO, Texas — The City of Plano considers itself a headquarters hotspot with more than 500 corporate and regional businesses based there. 

City officials say resources and infrastructure attract companies to move into the area.

“This is a good place for them to live and to have a qualified workforce,” said Plano Mayor John Munns.

He said the city lures companies from all over the world across different industries.

“Companies from all over the world, whether it be Japan or Taiwan or Korea or India, though, those companies have some amazing technology and they feel like North Texas is the place to be, to be able to accomplish their success,” says Muns.

And even some companies within the Dallas-Fort Worth region have moved their headquarters to Plano, like telecommunications giant AT&T, which announced early this year it’s moving from Dallas. The Dallas Stars are also moving their operations to the city.

But what makes Plano a headquarters hotspot?

“The majority of our master plans, thoroughfare plan maps, things like that, we’ve already developed and built a lot of that infrastructure,” said City Director of Engineerning Caleb Thornhill.

With less than 4% — about 1,800 acres — of the city’s land undeveloped, it’s nearly built out.

Thornhill said they renovate instead of building something new.

“What we’re looking at now is with the changing and the redevelopment is how do we and modify those systems to accommodate that new development,” he explained.

With over 300,000 residents, Plano is the ninth largest city in Texas by population.

“Our growth, our kind of residential population growth slowed,” said Director of Planning Christina Day.

As population growth tapered off in the 2000s, Plano saw commercial growth that led to a job growth explosion.

“Our job growth just continues to explode. So the city has over 275,000 jobs. We’ve reached 300,000 population. And so we’re just continuing to grow where we’re approaching a one-to-one job to housing unit ratio,” explained Day.

While companies are still flocking to Plano, city officials expect job growth will continue to grow.