Heterobimetallic Pd-K carbenes featuring Pd-Ccarbene-K moieties were synthesized via an unprecedented sequential substitution/reduction reaction from a radical precursor, [{PC˙(sp2)P} tBuPdI] ([PC(sp2)P] tBu = bis[2-(di-iso-propylphosphino)-4-tert-butylphenyl]methylene). Polymeric structures were observed in the solid state for the heterobimetallic compounds that can be interrupted in the presence of a donor solvent.