One of the largest homebuilders in the U.S. is moving its headquarters from Los Angeles to Tempe in 2027. The company says the move will lower its operational costs and give it a more centralized location.
Tempe Mayor Corey Woods said the city plans to support the company with personal interactions and attention.
“If they are looking to hire more people, we are exactly the place to be because we have so many qualified, talented people who are here to get not just simply the jobs of today, but also the jobs of the future.” Woods said.
He said lower state taxes also motivated the move. He said KB’s dedication to affordability and clean energy are major assets to the community. The new headquarters will be at Hayden Ferry Lakeside on the banks of Tempe Town Lake.
Woods said the city intends to provide support to KB Home during the transition and hopes to encourage other businesses to relocate to Tempe.
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Arizona still has a supply and demand imbalance when it comes to housing, according to a new report from the Arizona-based think tank, Common Sense Institute. -
Each year, students from ASU’s Master of Real Estate Development program work with cities and towns on a development proposal for a particular piece of land. One recent collaboration reimagined the site of the Turf Paradise horse racing track in north Phoenix. -
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