Echelon Resources Inc. and LBD Investments are taking over Showplace West/One Plaza Center to redevelop it into market-rate apartments and about 9,000 square feet of retail.

The eight-story, 135,000-square-foot concrete office building at 101 S. Main St. was completed in 1971. In 2019, International Market Centers donated it to Downtown High Point. It was acquired in 2011 for about $1.49 million. The former office building was recently placed on the National Register of Historic Places.

Echelon Resources specializes in redeveloping historic buildings. It says it has repurposed several former factories, mills, warehouses, schools and residential buildings.

EDB, meanwhile, focuses on urban and suburban infill mixed-use and historic redevelopment projects in the Southeast.

Texas Health Presbyterian Hospital Plano is spending $343 million on a an 8-story tower and 696 parking spaces. The planned work is piggy-backing on some just completed construction on the current hospital.

Texas Health Plano is located at 6200 W. Parker Road.  Although work on the garage finished this month, work on the tower won’t begin until summer 2025. An opening is planned for fall 2028. When completed, the building will increase the hospital’s capacity from 230 beds to 400.  

The planned work is piggy-backing on some recently finished construction on the current hospital. Construction included on an operating room for neuroscience and heart and vascular procedures, including endovascular aneurysm repair and blood clot removal from arteries. Hospital officials also recently completed an expansion of its neonatal intensive care unit as well. The expansion added seven hotel-style rooms for families of infants receiving care. 

In addition to the Plano expansion, the company recently acquired 21 acres of land in Celina at the northwest corner of the Dallas North Tollway and the Collin County Outer Loop.