25 May 2017
Book a meeting today

Barclays to open new tech centre in McKinney, Texas

29 August 2014  |  3903 views  |  0 Source: Barclays Bank

London-based Barclays Bank has selected McKinney, Texas, as the new site for one of the company's innovative technology centers.

Barclays, a Global Fortune 500 company, is an international financial service provider engaged in personal banking, credit cards, corporate and investment banking and wealth management.

Barclays will move into the McKinney Corporate Center 1 building at Craig Ranch, developed by VanTrust Real Estate, LLC. Barclays Technology Center will initially occupy over 40,000 square feet of Class A office space located at 6800 Weiskopf Avenue in McKinney. Barclays Technology Center will support the bank's operations globally.

The Barclays Technology Center, McKinney, will support the bank's growing industry requirements, provide technology support to the business and develop solutions for all the group's activities and requirements.

"We are excited to bring Barclays, a global Fortune 500 Company, to McKinney," said McKinney Mayor Brian Loughmiller. "We are committed to working with Barclays now and in the future as we welcome Barclays to our corporate community. The City of McKinney is committed to working with corporations in a timely and efficient manner as we strive to attract new business development and expand existing businesses consistent with one of our top City Council priorities. I appreciate Barclays' confidence in our community with their decision to locate in our Corporate Center."

Barclays began discussions with the McKinney Economic Development Corporation (MEDC) in December 2013, when they expressed interest in the McKinney Corporate Center 1 building. MEDC worked closely with the City of McKinney staff and City Council, the McKinney Community Development Corporation (MCDC), Craig Ranch, Jones Lang LaSalle, and Van Trust to efficiently work on an expedited time frame. Barclays plans to move into McKinney Corporate Center in the fall of 2014.

"McKinney presented Barclays a competitive opportunity with a high profile location along the Sam Rayburn Tollway, a highly educated and abundant labor pool, and sufficient parking for their employees," said id McKinney Economic Development Corporation Board Chairman, Ernest Lynch III. "Our economic development team was able to move quickly to address Barclays' needs."

"We are excited to be working with a premiere multinational company such as Barclays," said Ran Holman, executive vice president at VanTrust Real Estate, LLC. "Barclays' selection of McKinney Corporate Center 1 at Craig Ranch is monumental. Craig Ranch, with its array of residential, retail and quality of life amenities is poised as a strong corporate destination. The Barclays name and the quality it represents is consistent with the objectives and standards of the City of McKinney and McKinney Corporate Center," Holman added.

"McKinney offers corporate clients a special place to live and work," said McKinney Community Development Corporation Board Chairman George Fuller. "The city offers a unique lifestyle to corporations and residents. It sits in the center of an outstanding high-tech labor pool that is attracted to the city's exceptional quality of life, family-oriented lifestyle, high quality schools and some of the region's most reasonable, high-quality housing."

The City of McKinney has also been recognized by Realtor.com as the second most-searched-for places to live in the country. In addition, Money Magazine ranked McKinney as #2 on the "Best Places to Live in America" list, citing plenty of housing options, low taxes, abundant job opportunities in technology, energy and medicine, as well as a new conference center and hotel complex in the works.

Comments: (0)

Comment on this story (membership required)

Related company news


Related blogs

Create a blog about this story (membership required)
visit www.response.ncr.comvisit www.ebaday.comDownload the paper now

Top topics

Most viewed Most shared
BBVA launches Open API marketplaceBBVA launches Open API marketplace
10245 views comments | 47 tweets | 70 linkedin
Banks must get on AI bandwagon now – new Finextra researchBanks must get on AI bandwagon now – new F...
9695 views comments | 22 tweets | 31 linkedin
Twins fool HSBC voice biometrics - BBCTwins fool HSBC voice biometrics - BBC
9225 views comments | 21 tweets | 24 linkedin
UK SMEs missing out on £1.6bn by not accepting 'next gen' paymentsUK SMEs missing out on £1.6bn by not...
6923 views comments | 25 tweets | 18 linkedin
Bank/fintech collaboration can take transaction banking to new heightsBank/fintech collaboration can take transa...
6906 views comments | 12 tweets | 24 linkedin

Featured job

Six Figure Base + Commission + Stock Options

Find your next job