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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