PLANO—Los Angeles-based Regent Properties is set to transform Legacy Central, a mixed-use campus located at Legacy Drive and Central Expressway in Plano, into a highly amenitized asset.

Regent acquired the property on Dec. 17.

The campus renovation will accommodate office tenants ranging from 25,000 to 1,000,000 square feet in four existing buildings on 84 acres. Those buildings will be retrofitted while prime, undeveloped land will be readied for complementary uses, such as restaurants, a hotel, and retail, as well as additional mid-rise office buildings in the future. The site is entitled for up to 3.7 million square feet, allowing large office tenants unique expansion opportunities via additional office buildings on a build-to-suit basis. A ground breaking is planned for the second quarter of 2016.

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