""This move brings our teams together in a more collaborative environment, and Phoenix is the right place to do it," said Robert McGibney, president and chief executive of KB Home."
"KB Home has deep ties to California, with more than 100 projects and tens of thousands of homes across the state, and plans to open 10 more housing communities by the end of 2026."
KB Home, a significant player in Los Angeles' suburban development since 1963, is moving its headquarters to Phoenix by spring 2027. This decision aims to lower operational costs and provide employees with access to more affordable housing. The relocation is part of a larger trend of companies leaving California due to high taxes and regulations. Despite the move, KB Home will maintain six divisions in California and continues to expand its housing projects in the state.
Read at Los Angeles Times
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