KDC TOPS OUT JPMORGAN CHASE & CO. CAMPUS AT LEGACY WEST

One-million-square-foot corporate campus will be home to 6,000 employees

A rendering of the new Chase campus

PLANO, Texas – (April 26, 2017) – KDC today celebrated the topping out of JPMorgan Chase & Co.’s new one-million-square-foot corporate campus at Legacy West.

“JPMorgan Chase is an incredibly important piece of the equation at Legacy West,” said Toby Grove, president, KDC. “This is the initial phase of a project that helps round out the corporate-anchored portion of Legacy West that we believe will help JPMorgan Chase achieve their goal of providing a collaborative, engaged, and interactive campus for its employees in an amenity-rich setting.”

JPMorgan Chase purchased 50 acres within the Legacy West development to build a multiple-building campus, which includes 49 acres at Headquarters Drive and Communications Parkway, as well as a one-acre parcel at the corner of Communications Parkway and Legacy Drive. Construction on the campus began in the first half of 2016.

“JPMorgan Chase is committed to the DFW market, and this major investment positions North Texas to be a vital – and growing – hub for our company,” said Steve Hemperly, managing director, consumer and community banking, JPMorgan Chase. “Our new campus will make it easier for our employees to provide outstanding service and solutions to clients around the world. It will also reduce the company’s real estate operating costs in the DFW market, savings we’ll reinvest in our strategic campuses to provide the facilities, work environment, and accommodations our employees need and deserve.”

Designed by HKS, the campus will include multiple mid-rise buildings and parking garages connected by landscaped, open areas and water features. Amenities will include training and conference space, food court, dining area and coffee shop, health and wellness center, back-up childcare, and state-of-the-art technology and telepresence capabilities. The campus also features an internal Chase branch for employees, along with a freestanding, two-story flagship Chase bank branch at the corner of Communications Parkway and Legacy Drive.

The first employees are expected to begin moving in during the second half of 2017, continuing through 2018 and 2019. About 6,000 employees, approximately half of Chase’s employment in DFW, will work at the new corporate center, focusing on serving consumer and business customers.

HKS is the project architect and Beck Group is the general contractor.

About KDC

KDC is a leading corporate build-to-suit development and investment firm for companies across the country. Within the last 27 years, KDC has produced approximately 30 million square feet valued at over $5 billion. KDC addresses the future of Corporate America by developing walkable, mixed-use urban environments anchored by notable clients, and specializes in datacenter and broadcast studio build-to-suits. KDC’s portfolio includes developments for Toyota North America, Liberty Mutual, State Farm (Dallas and Atlanta offices), FedEx, Raytheon, and J.P Morgan Chase. KDC is headquartered in Dallas and is supported by a national team.  For more information, please visit kdc.com.

About JPMorgan Chase & Co.

JPMorgan Chase & Co. has 240 branches and more than 12,000 employees in North Texas, making it one of the top employers in DFW. Chase contributed $4 million to two landmark projects in Dallas- the Klyde Warren Park and Perot Museum of Nature and Science. In the past five years, Chase has hired more than 2,500 veterans in Texas – more than any other state in the country.