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allowing them to get on this express ground up. It may be clearing the because it is listed consistently as one

bus and do their email while they site entirely, and putting something of the best places to find a job, one

ride in comfort. Flexible hours entirely new in its place. Here’s of the best places to work and one of

is another classic way to address an example of that in the Legacy the best places to raise a family. The

transportation density. Town Center: there was an early accolades never are boring for me,

and they generally come in one

We may also see technology or two per week. I am also not

as a way to address it. Things “Plano remains a terrific worried about labor because
like an app that might help I think we have a really good

in a number of ways to get city in which to live and handle on it. We subscribe
people to and from their place to a very sophisticated service
sof business. raise a family.” that allows us to drill down

to job positions and do some

There’s going to be forecasting on the demand that

conventional as well as some a project may have for that

new and exciting ways in which retailer by the name of Robb & particular job classification: what it

mobility is going to be addressed. Stuckey that was headquartered out is like today and what it will be like

of Florida. In 2008 and 2009, the in 10 years. In most cases, it is all

country experienced a recession, and very positive in terms of having an

60 X 80: LET'S LOOK AHEAD TO THE people were not buying furniture - ample supply of the kind of labor

FUTURE. HOW CLOSE IS PLANO TO BEING especially not expensive furniture that we need.
BUILT OUT? - and this store languished. It was When companies looking at our
no longer the highest and best use
Bane: For the last few years Plano of the corner, so it was demolished area are external to this market, they
has been within residential built and now there today we have the encounter road construction and
out. By classic definition, that Legacy Tower that Trammell Crow that is something we discuss – that is
means less than a 5-year supply built.
of lots to be taken down. The not a lingering concern. Due to the

evolving thinking, however, is that enormous success that we have had

there are other opportunities which with the relocation announcements
include rezoning. Redeveloping
or repurposing sites that may 60 X 80: DO YOU HAVE WORRIES OR recently – Toyota, JPMC, Liberty
originally have been designated for CONCERNS? Mutual, FedEx – when you have
other purposes but may now evolve that concentration of companies
into a residential component. We Bane: I do worry about the cost coming into an area, transportation
probably have about 6% of our environment. As we continue to and labor are topics that you end up
commercial land available for develop and land becomes perhaps talking about. I think because of
development. Having said that, more valuable as a function of our our ability to address very specific
it is really almost impossible to success, I worry about how that cost labor-related questions, people
quantify because a lot of campuses component factors into a location leave without concerns.
in our community are absolutely decision - mostly in the cost of land
going to be undertaking some form or development – things that are 60 X 80: SO, WHAT'S THE FUTURE OF
of redevelopment, and that very out of our control. PLANO?
redevelopment will increase the
density of the commercial space I am not concerned about Bane: We are far from having
in it so we are very far from being transportation. This is absolutely peaked. I think Plano will be a
complete. being addressed. Yes, we are going thriving business center that is
to have more density. That will known throughout the Southwest
mean more cars, which will be an and across the country as a premier
adjustment, but not one I think destination for business and a terrific

60 X 80: DOES THIS MEAN MORE DENSITY? will be difficult; nor do I think it city in which to live and raise a
compares to the congestion you see family.
Bane: The answer to that is yes and in other major metropolitan areas.
no. Because in some cases it will

increase the commercial density, Nor am I worried about labor. This
in other cases it may be removing area continues to see an enormous
entirely what was there and the influx of people coming here
redevelopment may be from the

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