Toyota announced that it has selected Dallas-based KDC Real Estate Development & Investments (KDC) to develop its new North American headquarters campus in the Legacy West development in Plano, Texas.
“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.”
“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.”
In addition to extensive national experience, KDC 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 office, retail and residences currently under development in Legacy West near the 100-acre Toyota headquarters site.
Toyota recently finalized the purchase of its new headquarters site and expects to begin occupying the campus in late 2016 or early 2017. Once completed, the headquarters will be home to about 4,000 Toyota employees.
Related Stories
Market Data | May 10, 2022
Hybrid work could result in 20% less demand for office space
Global office demand could drop by between 10% and 20% as companies continue to develop policies around hybrid work arrangements, a Barclays analyst recently stated on CNBC.
Multifamily Housing | May 10, 2022
Multifamily rents up 14.3% in 2022
The average U.S. asking rent for multifamily housing increased $15 in April to an all-time high of $1,659, according to Yardi Matrix.
Headquarters | May 10, 2022
JPMorgan Chase’s new all-electric headquarters to have net-zero operational emissions
JPMorgan Chase’s recently unveiled plans for its new global headquarters building in New York City that is rife with impressive sustainability credentials.
Building Team | May 9, 2022
Cincinnati’s Andrew J Brady Music Center transforms the city’s riverfront
In Cincinnati, Ohio, the Andrew J Brady Music Center aims to connect audiences with live music while transforming Cincinnati’s riverfront.
Sponsored | Multifamily Housing | May 8, 2022
Choosing the right paver system for rooftop amenity spaces
This AIA course by Hoffmann Architects offers best practices for choosing the right paver system for rooftop amenity spaces in multifamily buildings.
Market Data | May 6, 2022
Nonresidential construction spending down 1% in March
National nonresidential construction spending was down 0.8% in March, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau.
Building Team | May 6, 2022
Atlanta’s largest adaptive reuse project features cross laminated timber
Global real estate investment and management firm Jamestown recently started construction on more than 700,000 sf of new live, work, and shop space at Ponce City Market.
Sponsored | BD+C University Course | May 5, 2022
Designing with architectural insulated metal wall panels
Insulated metal wall panels (IMPs) offer a sleek, modern, and lightweight envelope system that is highly customizable. This continuing education course explores the characteristics of insulated metal wall panels, including how they can offer a six-in-one design solution. Discussions also include design options, installation processes, code compliance, sustainability, and available warranties.
Higher Education | May 5, 2022
To keep pace with demand, higher ed will have to add 45,000 beds by year-end
The higher education residential sector will have to add 45,000 beds by the end of 2022 to keep pace with demand, according to a report by Humphreys & Partners Architects.
Multifamily Housing | May 5, 2022
An Austin firm touts design and communal spaces in its student housing projects
Rhode Partners has multiple towers in various development stages.
