TAYLOR, Texas (June 26, 2024) – KDC, one of America’s leading commercial real estate development and investment firms, announced today an agreement to market and develop Taylor HQ, a 150-acre site in Taylor, Texas. The acreage fronts Farm-to-Market Road 973 and is next to Samsung’s $17 billion, 2,000-acre Central Texas semiconductor plant near U.S. Highway 79.

KDC will pursue build-to-suit opportunities for manufacturing, office, logistics, warehousing, data center and other uses. In addition, KDC and Transwestern have joined forces to market and capture these opportunities.

“Taylor HQ offers a one-of-a-kind opportunity for companies working with Samsung or that are interested in having a high-profile neighbor next door,” said Bill Guthrey, KDC senior vice president of land development. “Our build-to-suit experience allows us to pivot quickly and develop this acreage for a company seeking any number of uses on this prime spot.”

Samsung has demonstrated its commitment to Central Texas with its semiconductor plant, which will generate at least 2,000 direct jobs when it opens in mid-2024. Additionally, Samsung recently signed a memorandum of agreement with the U.S. Department of Commerce to receive $6.4 billion in direct funding under the CHIPs and Science Act. In return, Samsung will invest more than $45 billion for additional development in Taylor and Austin. Samsung’s efforts are anticipated to generate at least 21,500 jobs in the area.

“We look forward to working with KDC and Transwestern as they help further job creation and economic development in Taylor and the Central Texas region,” said Taylor Mayor Dwayne Ariola. “We’re delighted that Samsung selected Taylor for its semiconductor plant and look forward to welcoming its new neighbor to Taylor HQ.”

Nash Frisbie with Transwestern is coordinating the marketing effort.