Plano officials are backing the construction of a new Japanese luxury hotel in northwest Plano by providing annual tax rebates and funding to support marketing and tourism efforts.

At their Oct. 27 meeting , Plano City Council members approved a pair of items tied to the new Miyako Hybrid Hotel .

Some context

Construction on the upcoming 215,000-square-foot Japanese luxury hotel near the former JCPenney headquarters began Oct. 15. The hotel, which will be Kintetsu Group Holding’s third in the United States, is projected to open in fall 2027.

The 12-story luxury hotel is expected to feature 217 rooms, a Texas-style rooftop bar and a traditional Japanese restaurant, according to a company news release.

What you need to know

The first agreement, an economic development incentiv

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