KDC, GABRIEL LEGACY ANNOUNCE JOINT VENTURE TO DEVELOP TWO SITES IN LEGACY BUSINESS PARK FOR CORPORATE DEVELOPMENT
PLANO, Texas (January 26, 2017) – KDC, one of America’s leading commercial real estate development and investment firms, and Gabriel Legacy today announced an agreement to promote and develop 53 acres in Legacy Business Park for corporate development.
“KDC has a rich history in Plano’s Legacy area and we are proud to continue our development efforts through this joint venture,” said Bill Guthrey, senior vice president, KDC. “We are planning and positioning these two tracts with the goal of capturing Class-A corporate development projects, which is reflective of the recent development in the area.”
The two tracts, some of the last undeveloped land in the area, are in the heart of Legacy Business Park at Legacy and Headquarters Drives, just east of the Dallas North Tollway.
“We are excited to partner with KDC to develop these sites in a very sought after area of the Metroplex,” said Dean Eldridge, partner, Gabriel Legacy.
KDC has been developing in the Plano area for more than 25 years. KDC is currently developing the office campuses for JPMorgan Chase and Liberty Mutual at Legacy West, along with Toyota’s North American headquarters complex. KDC completed the FedEx Office facility at Legacy West in 2015. Other Plano projects developed by KDC include Intuit, Encana, Denbury Resources, Rent-A-Center and The Campus at Legacy.
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.