Tuesday, the City of Plano approved a $6.2 million incentives package for Raising Cane’s, which plans to spend $20 million to expand its campus.
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Raising Cane’s Restaurants LLC is expanding in Plano to support continued national growth.
The Louisiana-based fast food chain is relocating its Dallas Restaurant Support Office to a 400,000-square-foot property at 5320 Legacy Dr. The restaurant chain’s DRSO is currently located at 6800 Bishop Road in Plano and houses about 480 full-time employees. The company opened its DRSO within the Legacy Business Park in 2009, initially leasing 24,000 square feet to house around 50 jobs.
Raising Cane’s plans to relocate its current employees to the new campus, for a total of around 1,020 jobs, and invest at least $20 million in building improvements, according to city documents. The company aims to remodel the property over the next year with plans to move into the space in 2026, according to an Aug. 12 city announcement.
To facilitate the move, Plano City Council approved a roughly $6.2 million incentives package for the company during an Aug. 12 meeting.
The economic development agreement requires the chain to occupy a minimum of 394,405 square feet by the end of 2026, maintain the initial jobs the company created in 2009, relocate at least 447 employees by the end of 2027 and generate an additional 520 full-time jobs by the end of 2034, according to city documents.
“The expansion into our new office represents the great success we’ve achieved over the past 16 years in Plano and is a nod at all the milestones to come as we continue expanding our crew and opening restaurants around the world,” Raising Cane’s co-CEO and Chief Operating Officer AJ Kumaran said in a statement. “The City of Plano has been a great partner for us throughout the years and we’re looking forward to continuing our partnership and support of the community as we open the doors to our new DRSO next year.”
Raising Cane’s was not able to respond to questions by publication time.
“The City of Plano is excited to collaborate with Raising Cane’s on this significant expansion and investment in our community,” Plano Mayor John Muns said in a statement. “For the past 16 years, Raising Cane’s has been a vital part of Plano’s corporate landscape, greatly enhancing our local economy and creating hundreds of high-wage jobs for our citizens.”
Established in 1996 and named after the Labrador retriever of founder Todd Graves, Raising Cane’s operates more than 800 restaurants across more than 40 states and generated $3.7 billion in net sales last year, a record for the company, according to a sponsored post with USA Today. The chicken finger restaurant aims to open more 90 new restaurants by the end of the year and expand to 1,600 locations and hit $10 billion in sales by 2030.
While the chain is based in Louisiana, Graves is thought to spend at least some of his time in Dallas — last year, he reportedly bought a penthouse atop a new condo tower under development off Knox Street.