Building No. 2 will more than double Independent Financial's presence at McKinney's Craig Ranch

Independent Financial is expanding its McKinney headquarters to be twice as big for its growing team. (Courtesy Independent Financial)
Independent Financial is expanding its McKinney headquarters to be twice as big for its growing team. (Courtesy Independent Financial)

Independent Financial is expanding its McKinney headquarters to be twice as big for its growing team. (Courtesy Independent Financial)

Independent Financial is expanding its McKinney headquarters to be twice as large for its growing team.

The six-story, 198,000-square-foot building is Phase 2 for the company's headquarters construction plan. It will more than double the company’s existing presence at McKinney Corporate Center Craig Ranch, according to a news release, and allow the organization to consolidate banking operations teams. Independent Financial says its workforce is expanding, and future growth opportunities are down the line.


Cost for this project is $59.5 million, the release said. In total, Independent Financial says $112 million has been spent for the two buildings, excluding land costs.

“The completion of the second building will allow us to bring all of our Independent Financial corporate employees together in one location, improve operations and recruit premier-level talent,” David Brooks, Independent Financial chair and CEO, said in the release. “We have experienced strong growth in recent years and it had become readily apparent that it was time to expand our campus.”

Ground has been broken, and expected completion of the project is by 2022. The design will match the original building, also six stories, but will be about 20% larger, according to the release. 972-562-9004. www.ifinancial.com
By Matt Payne
Matt Payne reports on Frisco City Hall and its committees, Collin County Commissioners and McKinney business. His experience includes serving as online content editor at Fort Worth Magazine and city editor at the Killeen Daily Herald. He is a 2017 graduate of the Frank W. and Sue Mayborn School of Journalism at the University of North Texas in Denton.


MOST RECENT

The McKinney Planning and Zoning Commission supported a rezoning request that could allow cottage homes to be constructed on the Storybook Ranch property located at 3701 Custer Road, McKinney. (Rendering courtesy city of McKinney)
McKinney's Storybrook Ranch given initial green light to redevelop into cottage homes

The project includes about 240 units in one-, two- or three-bedroom options available for rent with oversized bedroom windows, privacy fences and yards.

The current McKinney Public Safety Building will become the new headquarters for the police department after the fire department headquarters are built. (Community Impact file photo)
Architect named to design new McKinney Fire Department HQ

The layout of the building will be determined by the Martinez Architects team as it moves through its process.

The Playful Studios building in downtown McKinney
Common Desk to open downtown McKinney location in Playful Studios building

The coworking space is expected to open in late May.

Chipotle Mexican Grill opened a new Plano location Feb. 20 at the corner of Independence Parkway and Legacy Drive. (Courtesy Chipotle Mexican Grill)
Plano Chipotle opens with drive-thru; Tailgaters sports bar opens in Frisco and more DFW-area news

Read the latest business and community news from the Dallas-Fort Worth area.

woman getting her hair washed
209 Salon relocates in McKinney

The salon established in 2008 has a new spot.

Collin County Administrator Bill Bilyeu said all vaccine hubs were forced to halt operations due to the recent flurry of ice and snow. But he said operations are back and running smoothly as of the week of Feb. 22. (Liesbeth Powers/Community Impact Newspaper)
Collin County vaccine hubs resume work after winter storm shutdown

Operations are back and running smoothly as of the week of Feb. 22, officials said.

Assorted women's health products.
BeBalanced Hormone Weight Loss Center now open in McKinney

The third north Dallas location is fully open after the winter storms.

cars on snowy road
Texas Disaster Declaration opens door to federal aid for losses sustained during winter storms

Individuals and businesses who sustained losses during the February 2021 winter storms are eligible for federal assistance, according to a Texas Disaster Declaration approved

Gov. Greg Abbott held a press conference Feb. 19 updating residents on the state's response to recent winter storms. (Courtesy Office of the Governor)
Gov. Abbott: Texas is working with federal, local agencies to offer financial relief, resources to residents impacted by winter storms

Gov. Greg Abbott said the state continues to prioritize four main areas of concern: power, water, supplies and fuel production.

People using the hampr service.
App-based laundry service hampr now available throughout much of northern metroplex

The app, which is available for iOS and Android devices, provides laundry washing and drying services.

ERCOT president and chief executive Bill Magness (left) was joined by the electric grid manager's senior director of system operations Dan Woodfin on Feb. 19 for a briefing on the company's emergency operations. (Screenshot via ERCOT livestream)
ERCOT chief: 'We are completely back to normal operations' as of Feb. 19

Officials with the Texas electric grid manager also said they are preparing for state and federal reviews of this week's power outages.

The free month of storage is available to customers renting new units and is subject to vacancy at each U-Haul facility. (Courtesy U-Haul)
U-Haul offering Texans 30 free days of storage

The 30-day offer also applies to U-Box portable storage containers, which have 257 cubic feet of space and a 1 ton capacity.