"We have a full team dedicated to each project to accommodate a very challenging schedule," Tobin C. Grove, KDC president, tells GlobeSt.com. To expedite the process, the regional call centers will be identical, save for some site adaptations.
The projects are going up on 25-acre tracts at 2200 Jade Ave. in Meridian, ID, a suburb of Boise; 5450 Millstream Road in McLeansville, NC, a suburb of Greensboro; and 1806 Tucker Station in Louisville, KY. Based on today's costs, the construction tab will be about $100 million for the trio of three-story, 177,000-sf office buildings. Each building will have a data center, cafeteria and fitness center along with all the bells and whistles normally found in a class A, high-tech building designed for a 24/7 operation. Citigroup will house its Citi Card division, which services 60 million credit card customers worldwide, in the structures.
Under the agreement, Dallas-based KDC is developer and owner; Citigroup, a long-term tenant. Grove says the banking giant picked the sites and optioned the land before interviewing developers in a buy-and-build plan for the winner. The rental rates for the class A projects along with the lease terms are closely guarded details.
Citigroup has its call center network under the magnifying glass as it decides which will stay and which will go in a consolidation and expansion that will create another 3,000 jobs. Grove says 443,000-sf center that KDC built for Citigroup in Irving, TX is on solid ground to stay. At the end of the day, the New York City-based Citigroup will have fewer sites, but more room, he emphasizes.
The St. Louis-based Clayco Construction Co. is the general contractor. Forum Studios is the architect.
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