Toyota Selects KDC To Develop New North American Headquarters
PLANO, Texas, July 10, 2014
PLANO, Texas, July 10, 2014 /PRNewswire/ --Toyota today announced that it has
selected Dallas-based KDC Real Estate Development & Investments (KDC), one of
America's leading commercial real estate development and investment firms, 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 extensivenational 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.
Toyota Media Line: (310) 468-5297
KDC: Sydney Townsend, (214) 373-1601
Toyota (NYSE: TM), the world's top automaker and creator of the Prius, is
committed to building vehicles for the way people live through our Toyota,
Lexus and Scion brands. Over the past 50 years, we've built more than 25
million cars and trucks in North America, where we operate 14 manufacturing
plants (10 in the U.S.) and directly employ more than 40,000 people (more than
32,000 in the U.S.). Our 1,800 North American dealerships (1,500 in the U.S.)
sold more than 2.5 million cars and trucks (more than 2.2 million in the U.S.)
in 2013 – and about 80 percent of all Toyota vehicles sold over the past 20
years are still on the road today.
Toyota partners with philanthropic organizations across the country, with a
focus on education, safety and the environment. As part of this commitment,
we share the company's extensive know-how garnered from building great cars
and trucks to help community organizations and other nonprofits expand their
ability to do good. For more information about Toyota, visit
KDC, one of America's leading commercial real estate development and
investment companies, provides a full range of commercial real estate services
including corporate build-to-suit development, acquisitions, corporate
facility project/construction management, project financing, asset and land
management, and marketing and leasing. KDC has completed more than 125
corporate build-to-suit office and industrial projects. The company is
headquartered in Dallas and has offices in Atlanta, Austin and Houston, Texas,
and Charlotte, N.C. For more information, please visit kdc.com.
Logo - http://photos.prnewswire.com/prnh/20130710/NY44909LOGO
Press spacebar to pause and continue. Press esc to stop.