KDC team at Sammons topping out beam signing

KDC TOPS OUT NEW SAMMONS FINANCIAL GROUP CORPORATE HEADQUARTERS

01/16/20 | Press Release

DES MOINES, Iowa – (Jan. 16, 2020) ---- KDC, a leading developer of corporate build-to-suit campus projects for major companies such as JPMorgan Chase, State Farm and Toyota, topped out the new corporate headquarters for Sammons Financial Group in West Des Moines, Iowa.

The six-story, 217,000-square-foot, Class A office building will house 600 Sammons Financial employees while leaving room to accommodate the exponential growth expected over the next 20 years. The space is being constructed at 81st Street and Mills Civic Parkway in West Des Moines and is planned to be complete by fall 2020.

“We are excited about reaching this important milestone on the new home for Sammons Financial Group, which will accommodate the company’s growth over time due to its continued success,” said Toby Grove, President of KDC. “A tremendous amount of thought and planning went into creating an environment that promotes excellent customer service in a dynamic and workplace setting.”

Additional features include a two-story amenity area for employees and visitors that offers access to outdoor walking trails surrounding the property. Surface parking and a below-grade parking garage are also part of the project’s scope of work.

Sammons Financial Group is a privately held company that provides life insurance, annuity and retirement planning products for its clients.

“The Sammons Financial team celebrates the fast work underway on the new West Des Moines building project and we cannot wait to move into our new home by year-end,” said Rob TeKolste, president of Sammons Independent Annuity Group. “The topping off event is a construction milestone and serves to build excitement for the work underway and the role this project plays in ultimately being able to service our policy owners, agents and brokers.”

The Weitz Company is serving as the general contractor, with SVPA and HKS as the project architects.

KDC is currently working on an expansion project with Raytheon in McKinney, Texas. The company recently completed headquarters projects for Independent Financial in McKinney, Frost Tower in San Antonio, Pioneer Natural Resources in Irving, Texas, and an expansion project for Credit Suisse in Raleigh, North Carolina.

About KDC

KDC is a leading corporate build-to-suit development and investment firm for companies across the country. Within the last 30 years, KDC has produced approximately 33 million square feet valued at over $9 billion. KDC addresses the future of Corporate America by developing walkable, mixed-use urban environments anchored by notable clients, and specializes in data center and broadcast studio build-to-suits. KDC's portfolio includes developments for FedEx, J.P Morgan Chase, Liberty Mutual, Raytheon, State Farm (Dallas and Atlanta offices), and Toyota North America. KDC is headquartered in Dallas and is supported by a national team with offices in Atlanta and Charlotte, North Carolina For more information, please visit kdc.com.

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