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Japanese luxury hotel firm buys Plano site for first Texas location 

The new Miyako Hotel is planned as part of a redevelopment of J.C. Penney's office campus in West Plano's Legacy business park.

A Japan-based luxury hotel firm has purchased land in Plano for its first Texas hotel.

Kintetsu Enterprises Co. of America, a U.S. subsidiary of a conglomerate that owns Japan's largest railway, bought the site on Legacy Drive west of the Dallas North Tollway.

The property is part of the Campus at Legacy West, a redevelopment of J.C. Penney's sprawling corporate headquarters complex.

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Kintetsu plans to build one of its Miyako Hotels on the property, according to developers who are redoing the old Penney campus.

The 10-story, 250-room hotel and a parking garage will be built on land surrounding Penney's 28-year-old offices.

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Developer Sam Ware is revamping the retailer's property into a mixed-use development.

Construction began last year to convert the Penney headquarters into space for multiple office tenants. Japan-based telecom firm NTT Data has rented a large block of the former Penney space.

The planned Miyako Hotel location is between NTT Data's offices and Japan-based automaker Toyota's new North American headquarters on Legacy Drive at State Highway 121.

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Kintetsu's Miyako Hotels & Resorts has U.S. hotels in Los Angeles and Torrance, Calif.

And Miyako has almost a dozen properties at home in Japan.

The new Miyako Hotel is planned as part of a redevelopment of J.C. Penney's office campus in...
The new Miyako Hotel is planned as part of a redevelopment of J.C. Penney's office campus in West Plano's Legacy business park.(G.J. McCarthy / Staff photographer)