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 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.
MEDIA CONTACTS:
Toyota Media Line: (310) 468-5297
KDC: Sydney Townsend, (214)
373-1601
About Toyota
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
www.toyotanewsroom.com.
About KDC
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.
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SOURCE Toyota