Fitness firm Peloton has confirmed that it will expand its Plano operations fourfold.
In 2018, The New York-based company leased almost 30,000 square feet of offices in the $300 million Legacy Central mixed-use campus at U.S. Highway 75 and Legacy Drive.
Now Peloton is adding an additional 103,750 square feet to its Plano employment center. The expansion will allow Peloton to hire up to 1,600 more employees over five years for the Plano office, which already had hundreds of workers.
“Our new building at Legacy Central helps our goal to be the best place to work and will be reflective of our collaborative culture,” David Deason, senior vice president of real estate at Peloton, said in a statement. “The new additions to the space include a state-of-the art fitness center, wellness and mothers’ rooms, and the first ever Peloton corporate training hub to make sure we continue to deliver best-in-class experiences for our members.”
The Legacy Central facility was the company’s first support center outside of its New York City headquarters and provides member support, sales, field operations and other corporate functions.
Commercial property firm CBRE represented Peloton in its latest expansion. The company plans to move into the space next summer.
“One of the biggest initial draws to the space at Legacy Central was that it gave them the ability to quickly expand when the company was ready to do so,” Baron Aldrine, executive vice president of CBRE, said in a statement. “All of the reasons Peloton initially picked Plano have proven to be a fantastic decision for the company.”
CBRE’s Aldrine and Michael Conner negotiated the new lease with Nathan Durham and Duane Henley of Transwestern.
The 85-acre Legacy Central project is being developed by Los Angeles-based Regent Properties. In 2016, Regent Properties purchased Texas Instruments’ former Plano campus with plans to convert it to multiple uses.
The existing office and research buildings were renovated for tenants including Samsung and Peloton. Hundreds of apartments, as well as restaurants and a parking garage, have also been built on the site.
