Krypton Solutions plans $14.8 million office, research facility in Plano

A $14.8 million plan on Summit Avenue would turn Krypton Solutions’ Plano footprint into a much larger office and research operation, signaling a long-term bet on advanced manufacturing in Collin County rather than a short-term tenant improvement.

The Texas Department of Licensing and Regulation lists the project as a new office and research facility at 3060 Summit Ave. in Plano, with an estimated 89,068 square feet across three stories. The filing shows a proposed start date of Aug. 1, 2026, and a completion date of Aug. 1, 2027. Carroll Architects, based in Rockwall, is listed to handle construction. The scope runs well beyond a cosmetic upgrade: site work, excavation, utilities, paving, landscaping, a three-story building and interiors are all included.

Krypton Solutions describes itself as a full-service electronic design and contract manufacturing company, and its business mix explains why the building matters. The company says it provides product development, rapid prototyping and low- and medium-volume turn-key contract manufacturing. Its work spans electronic design, printed circuit board design, component manufacturing, system integration and testing, with customers in aerospace and defense, AI and robotics, medical devices, automotive, semiconductors and telecom. That combination points to a workforce built around electrical and mechanical engineers, PCB designers, prototype technicians, production assemblers, test engineers and quality-control staff, the kind of jobs that tend to pay more and stay longer than conventional office uses.

The new facility would also expand on Krypton’s existing local base. The company says its global headquarters is already at 3060 Summit Ave. and that it operates from a 40,000-square-foot facility in Plano. If the project is built as filed, the new building would give the company a major increase in space for research, manufacturing-adjacent work and office functions without leaving the city’s core business corridor.

For Plano, the filing fits a broader economic pattern. The city’s economic-development messaging says Plano is home to manufacturers, small businesses and startups, and that its goal is to create jobs, diversify the tax base and support growth. The city’s comprehensive plan, adopted in November 2021, frames Plano as a global leader built around world-class businesses. Krypton’s expansion would fit squarely inside that strategy: a locally headquartered technical company, serving advanced industries, choosing to invest in a larger footprint in Plano instead of moving farther out in the metro.