Legacy West, the 1.15 million-square-foot mixed-use development in Plano, has been sold to Kite Realty and Singapore’s GIC sovereign wealth fund for $785 million, making it the largest mixed-use sale in Dallas-Fort Worth history.
From Idea to Icon
The project was led by Invesco Real Estate from its 2017 inception, with help from Prism Places and Open Realty Advisors. Under their guidance, Legacy West transformed from a speculative concept into one of the top-performing mixed-use destinations in the U.S.
Huge Growth Since 2019
- Retail sales per square foot up 47%
- Net operating income up 63%
- Retail and office occupancy above 95%
- Annual visitors up 20% between 2019–2024
Prism Places CEO Stenn Parton says:
“It’s a privilege to be stewards of this incredible property. Delivering growth and making Legacy West a hub for shopping, leisure, and play has always been our goal.”
Luxury Brands and Smart Placemaking
Legacy West hosts luxury names like Louis Vuitton, Gucci, Tiffany, Aritzia, Lululemon, and Watches of Switzerland, many opening their first stand-alone Texas locations there. Curated tenant selection and thoughtful design have made the property a regional draw.
Food, Fun, and Community
- 20+ restaurants, including Legacy Hall and Uchiko
- 941 events in 2024 alone, up from 19 in 2019
- Signature events: Legacy North Pole, Juneteenth Fashion Show, and annual Back-to-School events
- Over 1,600 total events hosted under Prism’s leadership
Next Chapter
With the sale complete, Legacy West enters a new era, continuing to serve as a model for mixed-use development in Dallas-Fort Worth.