Kintetsu Group Holdings, a Japan-based corporation, has officially started construction on the Miyako Hybrid Hotel in Plano, Texas. The $117.5 million project marks the company's first hotel in Texas and only its third in the United States, signaling a significant investment in the rapidly growing North Texas region.
The 12-story, 217-room hotel is scheduled to open in the fall of 2027. It will be located within The Park at Legacy development, a strategic area that is already home to major corporate offices, including Toyota Motor North America's headquarters and approximately 40 other Japanese companies.
Key Takeaways
- Japan-based Kintetsu Group Holdings is building a $117.5 million Miyako Hybrid Hotel in Plano, Texas.
- The 12-story, 217-room hotel is the first Miyako property in Texas and the third in the U.S.
- Located in The Park at Legacy, the hotel aims to serve the area's large corporate and Japanese business communities.
- The project is expected to be completed and open to the public in the fall of 2027.
Plano Chosen for Strategic Expansion
The decision to build in Plano was driven by the city's significant economic growth and its emergence as a major corporate hub. Takashi Wakai, president of Kintetsu Group Holdings, highlighted the area's recent development as a key factor in the selection process.
"We chose Plano as the site for our new hotel because the area has experienced remarkable development in recent years," Wakai stated. "It is home to many companies, including Toyota Motors North America; and the local community, including Plano, has welcomed us warmly."
The groundbreaking ceremony was attended by local dignitaries and Japanese officials, including Plano Mayor John Muns and Zentaro Naganuma, the Consul General of Japan in Houston. Their presence underscores the importance of the project for both local economic development and international relations.
A Hub for Japanese Business
Plano, and the greater Dallas-Fort Worth area, has become a magnet for Japanese corporations. The relocation of Toyota's North American headquarters to Plano in 2017 was a catalyst, encouraging other Japanese firms to establish a presence in the region. This concentration of companies creates a built-in market for a hotel brand that understands and caters to Japanese business culture and travelers.
A Fusion of Japanese and Texan Culture
The Miyako Hybrid Hotel Plano is designed to offer a unique blend of Japanese hospitality and local Texan flavor. The hotel's amenities reflect this cultural fusion, aiming to attract both international business travelers and local residents.
The design and construction of the facility are being managed by a team of recognized firms. The Beck Group is serving as the general contractor, with Gensler leading the design architecture and Looney & Associates handling the interior design. The hotel's operations will be overseen by General Manager Alejandro Vazquez.
Key Hotel Features
Guests and visitors can expect a range of high-end amenities that cater to diverse tastes:
- Traditional Japanese Restaurant: Offering authentic Japanese cuisine.
- Upscale Lobby Bar and Bakery: A sophisticated lobby bar will be complemented by a Japanese-style bakery.
- Texas-Style Rooftop Bar: Providing panoramic views and a local atmosphere.
- Wellness Facilities: The hotel will include an outdoor swimming pool and a modern fitness center.
This "hybrid" concept is central to the Miyako brand's identity in the United States. Its other locations, in Los Angeles and Torrance, California, have successfully blended the meticulous service standards of Japanese omotenashi (hospitality) with the lifestyle and culture of Southern California. The Plano location is expected to follow a similar model, tailored to the unique character of North Texas.
Project At a Glance
- Investment: $117.5 Million
- Height: 12 stories
- Rooms: 217
- Opening Date: Fall 2027
- Location: The Park at Legacy, Plano, TX
Economic Impact on North Texas
The construction and operation of the Miyako Hybrid Hotel are expected to have a positive economic impact on Plano and the surrounding region. The $117.5 million investment will create numerous construction jobs over the next three years and, upon opening, will provide permanent employment in the hospitality sector.
The hotel will also support the existing business ecosystem in the Legacy area. By providing high-quality accommodations tailored to international executives, it enhances Plano's attractiveness as a location for corporate headquarters and international business meetings. This, in turn, can stimulate further investment and development in the area.
According to city officials, developments like the Miyako hotel are crucial for sustaining the economic momentum that has defined Plano for the past decade. The project aligns with the city's strategy of attracting and retaining premier global companies by providing the necessary infrastructure and amenities to support their operations.
About Kintetsu Group and Miyako Hotels
Kintetsu Group Holdings Co., Ltd. is a major Japanese conglomerate with core businesses in railway transportation, real estate, and hospitality. Founded over a century ago, the company operates one of Japan's largest private railway networks and has a diverse portfolio of hotels and resorts under the Miyako brand.
Miyako Hotels & Resorts is known for its commitment to quality service and elegant accommodations. The expansion into Texas represents a strategic move to establish its presence in a key U.S. economic center outside of its traditional California footprint. The Plano hotel will join the Miyako Hotel Los Angeles and the Miyako Hybrid Hotel Torrance as the brand's flagship properties in the country.
