London-based Barclays Bank has selected McKinney, TX, as the new site for one of the company’s innovative technology centers. The Barclays Technology Center will support the bank’s operations globally by providing technology support to the business and developing 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. 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 it 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 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 employees,” said McKinney Economic Development Corporation Board Chairman, Ernest Lynch III. “Our economic development team was able to move quickly to address Barclays’ needs.”
“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.”