Representatives for Independent Financial, KDC and Rogers O’Brien gathered to celebrate the midpoint of construction for Independent Financial headquarters Phase II in McKinney, Texas. Pictured (L-R): Leon Davis, Rogers O’Brien, Jim White, Independent Financial, Mark Haynie, Independent Financial, Michelle Hickox, Independent Financial, Michael Hobbs, Independent Financial, Dan Brooks, Independent Financial, James Tippit, Independent Financial, Joe Farr, Independent Financial, Ignacio Hernandez, KDC

KDC TOPS OUT THE INDEPENDENT FINANCIAL PHASE II OFFICE HEADQUARTERS

08/02/21 | Press Release

MCKINNEY, Texas – (Aug. 2, 2021) - KDC, a leading developer and acquirer of award-winning mixed-use projects and corporate build-to-suit campus projects for major companies, and Independent Financial (a premier regional community bank with more than 90 locations across Texas and Colorado) have topped out Phase II of the Independent Financial headquarters in McKinney, Texas. This milestone represents the installation of the last beam at the highest level of the new building.

Located adjacent to the current Independent Financial headquarters, developed by KDC in 2019 in McKinney Corporate Center Craig Ranch, the new six-story 198,000 square-foot building will enable the organization to consolidate its banking operations teams, while also supporting future growth opportunities. Construction kicked off in early 2021 with the building slated for completion in 2022.

“Following the successful Phase I completion in 2019, KDC and Independent Financial were looking ahead to Phase II as part of the long-term growth strategy for the company,” said KDC President Toby Grove. “Independent Financial will cement its trajectory as one of North Texas’ fastest growing financial firms after doubling its presence at McKinney Corporate Center Craig Ranch. KDC is proud to be a partner in this process.”

Independent Financial Chairman and CEO, David R. Brooks, has been impressed by the pace of Phase II construction, adding, “I want to extend our sincere appreciation to KDC and all the onsite partners for putting in long hours and braving the Texas weather to reach this milestone safely and on schedule. The Phase II design complements our recently completed Phase I headquarters building perfectly, while providing some much-needed elbow room.”

The Phase II design offers a sleek glass exterior with expansive balconies to enjoy the water-feature and neighboring greenbelt scenery, and will provide direct access to walking trails leading to the HUB 121 mixed-use development. In addition, Phase II will also include a modern fitness center, locker rooms, a grab-and-go dining area and conference center for large group meetings.

Rogers O’Brien is serving as the project’s general contractor, with Smith Group and Corgan as the architects.

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

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About KDC

KDC is a leading corporate build-to-suit development and investment firm for companies across the country. For more than 30 years, KDC has produced approximately 36 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.

About Independent Financial

Independent Financial is a relationship-driven financial services company headquartered in McKinney, Texas, that provides a wide range of banking products and services tailored to meet the needs of businesses, professionals and individuals. Independent Financial operates in four markets (Dallas/Ft. Worth, Austin, and Houston, Texas and the Colorado Front Range region) with over 90 locations across Texas and Colorado. For more information, visit ifinancial.com. (Independent Financial is a trademark of Independent Bank, a subsidiary of Independent Bank Group, Inc. Member FDIC. NASDAQ: IBTX).

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