Developers Moon Hotel Legacy Ltd. have secured $94 million in financing to build the 304-room Renaissance at Legacy West in Plano, Texas, just north of Dallas.
The new property will be at the entrance of the new Legacy West mixed-use development, and will have 26,000 square feet of meeting space, 10,000 square feet of retail space, a pool deck with a pool bar, a fitness center and a full-service restaurant. The complex is an expansion of the 2,600-acre Legacy Business Park, which supports more than 125,000 employees. The area features the Shops at Legacy, a high-end retail complex with more than 40 dining, dessert and coffee outlets. The Renaissance will join its sister property, the 356-room Dallas/Plano Marriott at Legacy Town Center, which offers 35,000 square feet of meeting space.
Ground was broken on the Renaissance on Sept. 1, 2015; the hotel will open in early 2017.