DEVELOPING

FOR THE FUTURE

AUGUST 2021

NEWSWIRE

KDC ANNOUNCES NEW $800 MILLION FUND

KDC, Cadillac Fairview and Compatriot Capital closed on an $800 million fund with an increased focus on development and acquisition of high-quality, mixed-use projects. KDC will also continue developing corporate office facilities across the U.S.

CORPORATE PROFILE

Chris Nielsen with Michael Norman, the U.S. Olympic Track & Field 400 Meter runner, and a Toyota sponsored athlete.

CHRIS NIELSEN

Executive VP, Product Support & Chief Quality Officer - Toyota Motor North America

What are you most proud of professionally?

The culture we developed and continue to grow and evolve at Toyota in North America.

What gives you hope?

Innovation - it continues to improve the quality of life of people across the world.

What do you do when you’re overwhelmed?

Step back and break things down…you can’t eat the elephant in one bite!

What is the luckiest thing to happen to you?

I was hit by a car traveling at a high rate of speed when I was 17. I’m lucky to have survived, but also in how that changed the trajectory of my life.

What is a rule that you would never break?

To be pressured into doing something that doesn’t align with my own values and principles.

PROJECT SPOTLIGHT

THE MAGDALEN HOUSE

KDC’s commitment of supporting the local nonprofit community continues with the completion of The Magdalen House. Since 1987, The Magdalen House has been the only facility offering complete recovery services to DFW women free of charge. Because of the new home, The Magdalen House will be able to continue helping women, struggling with alcoholism in the Dallas-Fort Worth area, achieve and maintain sobriety.

Located at 4513 Gaston Avenue in Dallas, Texas, the new home couples commercial grade construction with beautiful designs to give women a dignified space that will last for years to come. At 12,000-square-feet, the facility embraces 2/3 of its original structure and its 1/3 newly built space. Outside, the Wall of Hope, built from bricks with names engraved on one side and blank on the other, serves as inspiration for both residents and visitors alike.

The home features six residential beds and the expansion of community areas. Overall, the building saw a 76% increase in space and is now able to accept 40% more women into their inpatient recovery program.

“One of KDC’s core beliefs and values is giving back to those communities in which we work in, live in and raise our families in. In those communities like Dallas, we love to partner with not-for-profits on their various projects. It is a natural fit for us to assist with developing The Magdalen House, where the additional space and design will help even more women in our community achieve sobriety and true success in their lives,” said KDC CEO Steve Van Amburgh.

The Social Detox program offers separation from alcohol while providing the education and support needed to start the recovery process, and because of KDC’s contribution, more women are able to participate. The Community Room was doubled in size for more women and families to engage in meetings and fellowship events and the Next Step program was given a designated space for both residential and nonresidential women to gather and partake in a structured accountability program.

KDC INSIGHT

Summer Edition

What is your favorite thing to grill in the summer?

Travis Parker

"I'd rather watch my son grill while I sit with a cold drink in my hand"

Bill Guthrey

"Grilled veggies! Red and yellow onions, bell peppers, and jalapeños!"

Michael Alost

"Red Fish on the Half Shell"

Tracey Hatcher

"Grilled Okra Kabobs"

Linda Chase

"Grilled salmon tacos with chipotle sauce"

Jim George

"Beef Filet"

Kim Shmeltz

"Mixed vegetables with olive oil"

Larry Wilson

"Cedar plank salmon blackened with rosemary and maple syrup glaze"

John Dwyer

"Chicken Wings"

Barb Dye

"Shish Kabobs!"

GET TO KNOW KDC

INTERN SPOTLIGHT

CESAR ESCOBAR

Hometown: El Progreso, Honduras

School: Austin College

Major: Business Administration / Spanish

KDC Department: Design & Construction

Supervisor: Mike Rosamond

What have you been working on during your time at KDC?

During my internship at KDC, some of the things I’ve been working on are Pro-Bono tentative projects and the development of an intern summer project. This project embodies an innovative idea that KDC can consider developing in the future. This internship has helped me to have a better comprehension of real estate. Enable me to participate in meetings and working on-site following the day-a-day of the different projects such as Independent Financial phase 2 and Epic II has been very helpful for me to witness how KDC operates in the real estate industry.

What's something that most people don't know about you?

I'm colorblind.

MILES SCHILLER

Hometown: Dallas, TX

School: University of Texas at Austin

Major: Finance

KDC Department: Design & Construction

Supervisor: Mike Rosamond

What have you been working on during your time at KDC?

Participating in Construction and Design meetings regarding upcoming developments and examining current trends in the market. Currently working on a summer project given to us by Mike Rosamond, in conjunction with the other interns. The project is a proposal for a mixed-use development on undeveloped parcels at the KDC-owned CityLine development, and it has been an incredible learning experience. Additionally, I have thoroughly enjoyed assisting Bill Guthrey and Toby Grove on New Business and land development.

What's something that most people don't know about you?

Some people know this but those that do not are always shocked! I have triplet 16-year-old sisters (it’s as crazy as It sounds!).

JOSIE GUTHREY

Hometown: Dallas, TX

School: University of Oklahoma

Major: Creative Media Production / Criminology

KDC Department: Marketing

Supervisor: Tracie Frazier

What have you been working on during your time at KDC?

Helping the Marketing department create KDC branded marketing materials and learning how to better use Adobe InDesign and Premiere Pro.

What's something that most people don't know about you?

Most people don’t know that I’ve traveled to Mexico, England, Ireland, the Netherlands, Costa Rica, France, Italy, and Japan!

CHAD HEDLUND

Hometown: Argyle, TX

School: Southern Methodist University / Wake Forest University

Major: MBA - Finance & Real Estate - SMU

BA - Economics & Communication - WFU

KDC Department: Investments

Supervisor: Scott Ozymy

What have you been working on during your time at KDC?

I’ve had the unique experience to work with a vast amount of development opportunities here at KDC. Projects that ignite both challenging and exciting work. A few of the projects consist of mixed-use developments such as McKinney & Lemmon here in Uptown Dallas and HUB RTP in Raleigh-Durham, North Carolina. As well as a primely positioned office development, Parkside Uptown, here just north of Klyde Warren Park.

What's something that most people don't know about you?

Something most people may not know about me is that I was one year shy of being a part of the well-recognized 0-16 Cleveland Browns. I also played college football for Wake Forest and SMU.

THE KDC KITCHEN

Gochujang, Ginger and Garlic Wings

INGREDIENTS:

  • 3 pounds of chicken wings
  • ¼ cup soy sauce
  • ¼ cup gochujang (Korean red chile paste) or sriracha
  • 2 tablespoons rice vinegar
  • 2 tablespoons honey
  • 1 tablespoon sesame oil
  • 2 tablespoons minced garlic
  • 1 tablespoon minced ginger

DIRECTIONS:

1. Cut 3 pounds of chicken wings into three sections; save the wing tips for stock. Toss the wings with a little neutral oil to keep them from sticking.

2. Heat a charcoal or gas grill; the fire should be moderately hot and the rack 4 to 6 inches from the heat. Leave one side of the grill cooler for indirect cooking. 3. Put the wings on the cool side of the grill. Cover the grill and cook, checking and turning once or twice, until most of the fat has been rendered, and the wings are cooked through, 15 to 20 minutes. 4. While the wings cook, combine 1/4 cup soy sauce, 1/4 cup Korean red chili paste or sriracha, 2 tablespoons rice vinegar, 2 tablespoons honey, 1 tablespoon sesame oil, 2 tablespoons minced garlic and 1 tablespoon minced ginger in a large bowl. 5. When the wings are cooked, add them to the bowl with the sauce, and toss to coat. Now put the wings on the hot part of the grill, and cook, uncovered, turning as necessary until they’re nicely browned on both sides.

A RECIPE FROM JOHN DWYER

CONNECT WITH US

(214) 696-1700 www.kdc.com