KDC Selected to Develop New Corporate Headquarters for Independent Bank Group at Craig Ranch
MCKINNEY, TX KDC has been selected to develop the new corporate headquarters for Independent Bank Group, Inc., the holding company for Independent Bank, at the McKinney Corporate Center Craig Ranch in McKinney, Texas.
"IBTX is experiencing impressive growth and was eager to get started on their new corporate headquarters," said KDC CEO, Steve Van Amburgh. "It was important to Independent Bank that they remain in McKinney, so together with David Craig and The City of McKinney, we were able to develop a project that meets their needs today and allows for future growth."
The 150,000-square-foot headquarters will be at the entrance of the McKinney Corporate Center Craig Ranch. The 10.4-acre parcel of land is located at State Highway 121 and Grand Ranch Parkway.
"We are excited to kick off our new headquarters project with a strong partner. KDC is very accomplished in building these type of projects, and we're looking forward to our shared success," said Independent Bank CEO, David Brooks.
KDC will break ground in the fourth quarter of 2017 with approximately 400 employees expected to occupy the new headquarters in January 2019. The developer will begin interviewing architects and general contractors in the coming weeks with plans to achieve LEED Silver certification. Bret Hefton and Graham Shelby with Avison Young represented Independent Bank Group during the transaction.
Craig Ranch developer David Craig said, "There's no better time to be breaking ground in McKinney and what better partnership than KDC and Independent Bank. We're looking forward to welcoming Independent Bank as the inaugural corporate headquarters at the McKinney Corporate Center Craig Ranch."