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Independent Bank Group's New HQ Breaks Ground at Craig Ranch

KDC Starts Development on 165,000-SF Office Complex in McKinney
January 18, 2018
Construction has begun on the new corporate headquarters of Independent Bank Group (NASDAQ: IBTX), an $8 billion bank holding company that operates in Texas and Colorado.

KDC is developing the roughly 165,000-square-foot, six-story building on a 10.4-acre site at the McKinney Corporate Center Craig Ranch. Upon its completion, IBG's corporate office building, located on a 10.4-site at State Highway 121 and Grand Ranch Pky., will stand as the tallest building in McKinney.

Independent Bank Group has grown from roughly 340 employees to more than 1,000 since going public in 2013. The institution, which cited the need for better infrastructure to accommodate future expansion, is scheduled to occupy its new corporate office building in January 2019.

The project has been designed by SmithGroupJJR to LEED silver specifications, and will be constructed by Rogers-O’Brien Construction Co. Bret Hefton and Graham Shelby of Avison Young represent Independent Bank Group in negotiations.
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