AT&T to relocate corporate headquarters from Dallas to Plano by 2028

AT&T plans to build a new corporate headquarters outside downtown Dallas on the outskirts of Plano, the company said in a letter to employees Monday.

CEO John Stankey said in a letter to AT&T employees that the company plans to move its headquarters, which has been in Dallas since 2008, to a location near the Legacy West food and shopping district in Plano.

The new headquarters is located on 54 acres of land that previously served as the Electronic Data Systems headquarters.

“We will transform this site from the ground up, tearing down old buildings and designing a new, modern campus designed for how we work best: together,” Stankey said in the letter. Wall Street Journal.

Goldman Sachs is building a 14-story campus in Texas with a fitness center and child care facilities.

AT&T’s plan includes moving most of its 6,000 employees into high-rise spaces Dallas headquarters to the new facility in Plano, which will be home to a wider, lower-rise campus that will consolidate more of its on-site operations.

An AT&T official told the newspaper that the company was unable to find a large enough plot of land in downtown Dallas to accommodate plans for the new headquarters, although they indicated that the company would keep some employees and corporate functions downtown.

Why major financial firms are expanding their presence in Texas beyond their traditional Wall Street hub

The telecommunications giant plans to begin occupying the new headquarters by the second half of 2028.

This move by AT&T comes at a time when several other companies have moved locations Company headquarters To the suburbs of Dallas.

AT&T is eliminating DEI programs, saying hiring and advancement will now be merit-based

AT&T will move its headquarters from downtown Dallas to suburban Plano. (HUM Images/Universal Image Collection via Getty Images)

Toyota opened its North American headquarters in Plano in 2017, while asset management firm Fisher Investments said in 2023 it would move its headquarters from Washington state to Plano.

Caterpillar and Wells Fargo are also among the companies that have chosen to build campuses in the Dallas suburbs, instead Goldman Sachs It is building a 14-story campus in Dallas.

Get FOX Business on the go by clicking here