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August 4, 1977
Keystone Founded by President and CEO, J. Patrick Gavaghan.
1979 - 1984
Keystone becomes an international and diversified real estate developer constructing build-to-suit industrial factories in Honduras, Mexico, Panama and North Carolina, USA. President of Keystone Corporation, J. Patrick Gavaghan, purchases 178 acres of land in Research Triangle Park, NC. This land becomes the future site of Keystone Park, a commercial mixed use development of Class A offices, R&D single-story offices and warehouse space.
1986 - 1994
Keystone Corporation develops several residential subdivisions in North Carolina, South Carolina, Georgia and Tennessee including six of the finest apartment properties in the Southeast United States. The communities include: Cambridge, Cedar Springs, Four Seasons, The Links, The Stratford and Windemere.
1995 - 2002
Keystone Corporation continues to grow its residential portfolio in North Carolina to include several townhomes and condominiums including Highgrove Townhomes, Walden Creek, Waterford Square and The Villages at Umstead Park.
Keystone Corporation constructs 2 million square feet of warehouse, R&D single-story offices and Class "A" offices at Keystone Park, and becomes one of the Research Triangle Park's area leaders in commercial development, attracting some of the world's top companies including IBM, EISAI Pharmaceuticals, Ericsson, Extreme Networks, Nortel, Network Appliance and Philips Electronics.
2003 - PRESENT
Keystone Corporation purchases 305 acres of land in Patterson, California and develops Patterson Gardens, a 1,000 lot residential subdivision with 20 acres of retail, and Keystone Pacific Business Park, a 225 acre business/industrial park. Keystone successfully recruits top companies such as Frontier Communications (formerly Global Valley Networks), Jonathan Homes, Longs Drugs, Kohl’s, Westfalia Separator and HPL Contract to Keystone Pacific Business Park.
Keystone Park in Durham, North Carolina continues to attract top national and international tenants such as Wyeth, IBM, Burt’s Bees, Nortel Networks, Forbo, Freudenberg, Hitachi, NIEHS, Booz Allen Hamilton, Isagro, Voith, Fidelity, Adaptec, Sony/Ericsson, plus two of North Carolina’s largest law firms, Moore & Van Allen, PLLC and Kennedy Covington Lobdell & Hickman, LLP.
Keystone Corporation completes the first phase of Georgian Village at Cary Park, a 31 townhome community in Cary, NC. Plans and approvals get underway to begin the second phase of this townhome community. Keystone Corporation develops Keystone Crossing, a mixed use residential development encompassing 49 acres and consisting of 192 single-family homes and 188 townhomes in Durham, NC.