Dive Brief:

• KDC Real Estate Development & Investments is Toyota's pick to develop a new U.S. headquarters at a 100-acre site in Plano, TX.
• The budget for the project was not mentioned in the announcement, though Toyota's statement said one factor in picking KDC was the company's ability to deliver projects "to a diverse group of clients on time and on budget."
• Toyota also said it wants an "environmentally sustainable" campus and KDC is a leader in bringing off that kind of development.

Dive Insight:

The project calls for Toyota to be able to start moving workers into the headquarters campus in late 2016 or early 2017 on its way to a workforce there of about 4,000. The company is moving Toyota Motor Sales U.S.A. Inc. and Toyota Financial Services from Torrance, CA; Toyota Motor North America from New York and Toyota Motor Engineering & Manufacturing North America, Inc. from Erlanger, KY.