Performance-based plastic design (PBPD) method has been proposed to design single bay planar frames for twenty years. For a dual steel system, such as an eccentrically braced frame (EBF) structure, there will be both EBF bays and moment resisting frame (MRF) bays. So, the global effect between different frame bays cannot be considered when designing the global structure using the traditional PBPD method. In this paper, a ten-story high-strength steel composite K-shaped eccentrically braced frame (HSS-K-EBF) structure was firstly used for performance design and analysis based on a single bay EBF. The results show that the global structural model obtained by direct performance design of the single bay model cannot achieve the desired performance objectives. To this end, an improved PBPD method for the dual steel system was proposed considering the global effects of space frames. The elastic and elastic–plastic shear distribution relations were calculated for different bays of the frames including EBFs and MRFs. The performance objectives of the global structure were designed and evaluated more accurately by considering the over-strength contribution of shear links and the plastic development rate index ξ of energy dissipation members. The improved PBPD method was used to design the ten-story global HSS-K-EBF structure. The results of nonlinear dynamic time history analysis show that the improved PBPD method can ensure that the plastic damage distribution of energy dissipation members of different bays is more uniform and the plastic damage degree is more consistent with expectations.