{"id":1004100448,"date":"2014-07-14T05:17:29","date_gmt":"2014-07-14T13:17:29","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004100448"},"modified":"2022-12-08T12:23:48","modified_gmt":"2022-12-08T20:23:48","slug":"toyota-taps-kdc-to-develop-north-american-hq-in-plano-texas","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/toyota-taps-kdc-to-develop-north-american-hq-in-plano-texas\/","title":{"rendered":"Toyota Taps KDC to Develop North American HQ in Plano, Texas"},"content":{"rendered":"<p><i>By Scott Baltic, Contributing Editor<\/i><\/p>\n<p>Toyota Motor Co. has selected KDC Real Estate Development &amp; Investments, of Dallas, to develop its new North American headquarters campus in the new Legacy West development in Plano, Texas, KDC announced Thursday.<\/p>\n<p>The new headquarters will consolidate about 2,000 employees from Toyota Motor Sales, U.S.A., Inc. in Torrance, Calif.; about 1,000 from Toyota Financial Services, also in Torrance; a further 1,000 employees from Toyota Motor Engineering &amp; Manufacturing North America, Inc., in Erlanger, Ky.; and a smaller number from Toyota Motor North America in New York City.<\/p>\n<p>Toyota recently finalized the purchase of the site and expects to begin occupying the campus in late 2016 or early 2017.<\/p>\n<p>A KDC spokesperson told <i>Commercial Property Executive<\/i> that no contractor or architect has yet been selected, nor has a date been set to break ground.<\/p>\n<p><i>CPE<\/i> reported in late April that <a href=\"https:\/\/www.commercialsearch.com\/news\/toyotas-u-s-hq-moving-to-plano-texas\/\">Toyota was planning on consolidating its various headquarters in Plano and that KDC appeared to be the project\u2019s likely developer<\/a>.<\/p>\n<p>JLL represented Toyota in its national search for a new headquarters site, through a team led by Meredith O\u2019Connor and Michael Sessa in Chicago and Paul Whitman and Brad Selner in Dallas.<\/p>\n<p>It was only three weeks ago that the City of Plano approved the approximately 240-acre Legacy West development, which consists of so-far-unused land around the JC Penney corporate headquarters campus and down the street from the Legacy Town Center retail mall. An unconfirmed figure of $2 billion has been put to the Legacy West project as a whole.<\/p>\n<p>The Toyota campus is across the street from where FedEx Office will also have a new headquarters.<\/p>\n<p>In addition to its national experience, KDC has been involved in a number of large CRE projects in the Dallas\u2013Fort Worth Metroplex, including an \u201curban village\u201d of office, retail and residences currently under development in Legacy West near the 100-acre Toyota headquarters site.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Toyota Motor Co. has selected KDC Real Estate Development &amp; Investments to develop its new North American headquarters campus in the recently built Legacy West development in Plano, Texas.<\/p>\n","protected":false},"author":882,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21782,21748,21742],"tags":[],"class_list":["post-1004100448","post","type-post","status-publish","format-standard","hentry","category-development","category-industrial","category-latest"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Toyota Taps KDC to Develop North American HQ in Plano, Texas - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/toyota-taps-kdc-to-develop-north-american-hq-in-plano-texas\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Toyota Taps KDC to Develop North American HQ in Plano, Texas\" \/>\n<meta property=\"og:description\" content=\"Toyota Motor Co. has selected KDC Real Estate Development &amp; Investments to develop its new North American headquarters campus in the recently built Legacy West development in Plano, Texas.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/toyota-taps-kdc-to-develop-north-american-hq-in-plano-texas\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2014-07-14T13:17:29+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-08T20:23:48+00:00\" \/>\n<meta name=\"author\" content=\"Scott Baltic\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/toyota-taps-kdc-to-develop-north-american-hq-in-plano-texas\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/toyota-taps-kdc-to-develop-north-american-hq-in-plano-texas\\\/\"},\"author\":{\"name\":\"Scott Baltic\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/61ac1450f3ffaa0e850b834c28526555\"},\"headline\":\"Toyota Taps KDC to Develop North American HQ in Plano, Texas\",\"datePublished\":\"2014-07-14T13:17:29+00:00\",\"dateModified\":\"2022-12-08T20:23:48+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/toyota-taps-kdc-to-develop-north-american-hq-in-plano-texas\\\/\"},\"wordCount\":325,\"commentCount\":0,\"articleSection\":[\"Development\",\"Industrial\",\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/toyota-taps-kdc-to-develop-north-american-hq-in-plano-texas\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/toyota-taps-kdc-to-develop-north-american-hq-in-plano-texas\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/toyota-taps-kdc-to-develop-north-american-hq-in-plano-texas\\\/\",\"name\":\"Toyota Taps KDC to Develop North American HQ in Plano, Texas - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\"},\"datePublished\":\"2014-07-14T13:17:29+00:00\",\"dateModified\":\"2022-12-08T20:23:48+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/61ac1450f3ffaa0e850b834c28526555\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/toyota-taps-kdc-to-develop-north-american-hq-in-plano-texas\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/toyota-taps-kdc-to-develop-north-american-hq-in-plano-texas\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/toyota-taps-kdc-to-develop-north-american-hq-in-plano-texas\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Toyota Taps KDC to Develop North American HQ in Plano, Texas\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/61ac1450f3ffaa0e850b834c28526555\",\"name\":\"Scott Baltic\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2022\\\/06\\\/Scott.jpg?w=96\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2022\\\/06\\\/Scott.jpg?w=96\",\"contentUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2022\\\/06\\\/Scott.jpg?w=96\",\"caption\":\"Scott Baltic\"},\"description\":\"Scott Baltic has been a contributing editor with Commercial Property Executive since 2011 and also wrote for its predecessor, Commercial Property News. He started writing about CRE in 1988 for a group of Chicago-based publications and in 1989 became the editor of Midwest Real Estate News. After moving on from there in 1991, Baltic continued writing occasionally about real estate, for publications like the Chicago Sun-Times, National Real Estate Investor, Urban Land, Shopping Center World and Architect\u2019s Newspaper. He earned a master\u2019s in journalism from Northwestern University\u2019s Medill School of Journalism and has a bachelor\u2019s from North Park University.\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/author\\\/scott-baltic\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Toyota Taps KDC to Develop North American HQ in Plano, Texas - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/toyota-taps-kdc-to-develop-north-american-hq-in-plano-texas\/","og_locale":"en_US","og_type":"article","og_title":"Toyota Taps KDC to Develop North American HQ in Plano, Texas","og_description":"Toyota Motor Co. has selected KDC Real Estate Development &amp; Investments to develop its new North American headquarters campus in the recently built Legacy West development in Plano, Texas.","og_url":"https:\/\/www.commercialsearch.com\/news\/toyota-taps-kdc-to-develop-north-american-hq-in-plano-texas\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2014-07-14T13:17:29+00:00","article_modified_time":"2022-12-08T20:23:48+00:00","author":"Scott Baltic","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.commercialsearch.com\/news\/toyota-taps-kdc-to-develop-north-american-hq-in-plano-texas\/#article","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/toyota-taps-kdc-to-develop-north-american-hq-in-plano-texas\/"},"author":{"name":"Scott Baltic","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/61ac1450f3ffaa0e850b834c28526555"},"headline":"Toyota Taps KDC to Develop North American HQ in Plano, Texas","datePublished":"2014-07-14T13:17:29+00:00","dateModified":"2022-12-08T20:23:48+00:00","mainEntityOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/toyota-taps-kdc-to-develop-north-american-hq-in-plano-texas\/"},"wordCount":325,"commentCount":0,"articleSection":["Development","Industrial","News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.commercialsearch.com\/news\/toyota-taps-kdc-to-develop-north-american-hq-in-plano-texas\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/toyota-taps-kdc-to-develop-north-american-hq-in-plano-texas\/","url":"https:\/\/www.commercialsearch.com\/news\/toyota-taps-kdc-to-develop-north-american-hq-in-plano-texas\/","name":"Toyota Taps KDC to Develop North American HQ in Plano, Texas - 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