Friday, July 25, 2014

Toyota selects KDC to build new Plano headquarters

Toyota announced that it has selected Dallas based KDC real Estate Development & Investments (KDC), to build its new North American headquarters in Plano, Texas.

The campus will be built next to FedEx Office’s new home in Legacy West, near the southwest intersection of State Highway 121 and the Dallas North Tollway. The Toyota campus is a part of the 240-acre Legacy West development that KDC, Karahan Cos. and Columbus Realty Partners are building in West Plano.

“We are excited to move forward with KDC to develop our new North American headquarters,” said Doug Beebe, Corporate Manager, Administrative Services at Toyota Motor Sales, Inc.  “KDC has a proven track record of delivering high value and innovative projects to a diverse group of clients on time and on budget.  They are also a recognized leader in providing environmentally sustainable solutions, an important qualification as we plan for an environmentally sustainable campus. We are confident that KDC will deliver a world-class facility that our employees will be proud to call home.” 

Construction is set to begin early next year on an urban-style mixed-use complex of apartments, retail and restaurant space that will serve workers at Toyota and other employees in the Legacy business park.

KDC is a seasoned builder of large corporate office projects and has been involved in a number of large-scale, high profile commercial real estate projects in the Dallas-Fort Worth Metroplex including an “urban village” of offices, retail and residences currently under development in Legacy West near the 100-acre Toyota headquarters site.

“We are proud to be partnering with Toyota on the development of its new home in North America,” said Steve Van Amburgh, CEO, KDC.  “We look forward to welcoming Toyota to Plano with a state-of-the-art headquarters that truly reflects the values of the company and its employees.  It’s a real honor to play a role in this important milestone for Toyota and historic corporate relocation for North Texas.” 

Toyota recently concluded the purchase of its new headquarters site and expects to begin occupying the campus in late 2016 or early 2017. When completed, the headquarters will be home to about 4,000 Toyota employees.

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