Plans for Former EDS Plano HQ Taking Shape

Ross Perot’s EDS was one of the leaders in the early days of the tech boom. Founded in 1962 it was eventually bought by Hewlett-Packard in 2008. Their Plano headquarters opened in 1992 and has not been occupied since 2018. Since then, NexPoint, the new owner has been exploring opportunities to redevelop the 1.6 million square foot office complex.

Earlier this year, NexPoint unveiled plans to convert the vacant office buildings into a $3 billion life sciences campus called the Texas Research Quarters.

The Dallas Business Journal reports the main campus will feature a mix of laboratory, office and therapeutic production space, a community park and educational facilities. Recently, NexPoint added news that the project will also add a small hotel to the main 91-acre site with conference space and limited high-quality mid-rise residential primarily designed for employees working and living in quarters.