Los Angeles-based KB Home (NYSE: KBH) is moving its corporate headquarters back to metro Phoenix.

Plans call for moving to Hayden Ferry Lakeside in Tempe by next spring 2027. The company had called Phoenix home in the early 1960s before moving to Los Angeles.

This move is fundamentally about improving KB’s cost structure and operating efficiency over time, said Rob McGibney, president and CEO of KB Home.

“The Phoenix metro area offers a lower cost of doing business, and consolidating our corporate teams into a single location allows us to operate more efficiently,” McGibney told Phoenix Business Journal. “At the same time, bringing our teams together in one location strengthens coordination and speeds up decision making, which is increasingly important as we position the company for its next phase of growth.”

This story is posted in partnership with Phoenix Business Journal. Click to read the full story.

We want to hear from you.

Have a story idea or tip? Pass it along to the KTAR News team here.




newsletter sign up