Friday, January 27, 2017

Developer behind Toyota's Plano campus to build out more of Legacy Business Park

Dallas-based development firm KDC — the developer of Toyota's new North American campus in Plano — plans to develop more build-to-suit offices within Plano's Legacy Business Park.

KDC has teamed up with Gabriel Legacy, an investment firm, to develop an additional 53 acres for corporate real estate in the business park, which has garnered national attention.

"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," said Bill Guthrey, a senior vice president of KDC, in a written statement.

With KDC's rich history in Plano's Legacy area, Guthrey said the firm is proud to continue its development efforts.

The two tracts of land are some of the last remaining undeveloped land in Plano, which — once a destination for sprawling corporate campuses is on a trajectory to become a more vertical city.

The Dallas Business Journal detailed out the projects making up the vertical development along Legacy Drive in Plano in last week's Friday edition.

Dean Eldridge, a partner with Gabriel Legacy, said the firm was excited to partner up with KDC on these sites in a sought-after location in North Texas.

Candace Carlisle/Dallas Business Journal.