(RTTNews) – AT&T Inc. (T), the telecommunications giant, has announced that it is relocating its corporate headquarters from downtown Dallas to Plano, as revealed in an internal email to employees on Monday. <\/p>\n
CEO John Stankey mentioned that this decision came after about a year of thoughtful consideration and planning. They’ve picked a new site at 5400 Legacy Drive in Plano.<\/p>\n
Currently, AT&T has nearly 6,000 employees working in its downtown Dallas headquarters, which is located in the 37-story Whitacre Tower, according to estimates from 2022. <\/p>\n
City officials shared that Dallas made efforts to keep the company within the city, but AT&T ultimately preferred a more suburban campus with plenty of land for future growth.<\/p>\n
Dallas City Manager Kim Tolbert and Mayor Eric Johnson recognized that AT&T’s leadership was leaning towards a large, sprawling campus instead of a tall office tower. <\/p>\n
Johnson pointed out that Dallas’ economic strengths were a big draw for AT&T when it came to the city back in 2008, and since then, Dallas has evolved into a global economic hub.<\/p>\n
On the other hand, Plano’s Mayor, John Muns, welcomed the news, calling it a significant reinvestment in the Legacy business district that will boost the area’s innovation scene.<\/p>\n
This move does leave some questions about AT&T’s downtown properties, including the Discovery District campus that opened in 2021. <\/p>\n
The company mentioned it anticipates the new headquarters in Plano to start being occupied by mid-2028. <\/p>\n
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.<\/p>\n","protected":false},"excerpt":{"rendered":"(RTTNews) – AT&T Inc. (T), the telecommunications giant, has announced that it is relocating its corporate headquarters from…\n","protected":false},"author":2,"featured_media":113382,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[160,162,161],"class_list":{"0":"post-113381","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-plano","8":"tag-plano","9":"tag-plano-headlines","10":"tag-plano-news"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/113381","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/comments?post=113381"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/113381\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media\/113382"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media?parent=113381"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/categories?post=113381"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/tags?post=113381"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}