A. Lee Graham
London-based Barclays Bank has chosen McKinney as the new site for one of the company’s technology centers.
Barclays provides personal banking, credit cards, corporate and investment banking and wealth management services.
The firm plans to move into the McKinney Corporate Center I building at Craig Ranch, developed by VanTrust Real Estate LLC. The company’s
Technology center initially will occupy more than 40,000 square feet of Class A office space at 6800 Weiskopf Ave. and will support the bank’s operations globally.
“We are excited to bring Barclays, a global Fortune 500 Company, to McKinney,” said McKinney Mayor Brian Loughmiller in a news release.
“We are committed to working with Barclays now and in the future as we welcome Barclays to our corporate community,” Loughmiller said.
Barclays began discussions with the McKinney Economic Development Corp. in December 2013 when it expressed interest in the McKinney Corporate Center 1 building. Barclays plans to move into McKinney Corporate Center in the fall of 2014.