City Of Richardson Announces Crescent Systems Expansion In The IQ®

1Finity Americas, Inc. (Formerly Fujitsu Network Communications) Growing Operations At Richardson-Based North American Headquarters

City Of Richardson Approves Ramp Incentive Award For Intelliepi Ir, Inc. Located In The Richardson Innovation Quarter (The IQ®)

Richardson Innovation Quarter Receives 2025 Excellence In Economic Development Bronze Award From The International Economic Development Council

Collins Aerospace to Expand Richardson Research Group with $57M Investment and Over 570 New Jobs

Prominent Richardson Office Park to Host New AT&T Expansion

AI Traffic Project Earns International Recognition for Richardson and UT Dallas

City Of Richardson Celebrates Major Milestones In Downtown Revitalization With Opening Of Belt + Main Development And Interurban Common

Richardson Awards Second Ramp Program Grant Adding To High-Tech R&D In The City

Lockwood Neighborhood in The CORE District Attracts Two New Dining/Entertainment Options

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Growth & Strategic Plan

Richardson’s Economic Development Plan lays out a bold vision for the City’s future, focusing on diversification, innovation, infrastructure, and quality of life.

Developed through an extensive multi-stakeholder engagement, the plan sets forth four key strategies to enhance Richardson’s economic vitality (below).

By aligning business recruitment, workforce development, and infrastructure planning, Richardson continues to solidify its position as one of the most competitive and forward-thinking cities in Texas. Please see highlights of our Strategic Plan below, or read the full report here.
Richardson IQ

Our Mission

Our mission is to grow Richardson’s vibrant economy by providing creative solutions and resources for businesses.

Our Vision

Richardson will be home to a thriving, diverse, resilient business community, supported by unparalleled access to a talented, well-educated, and engaged workforce; an innovative and entrepreneurial spirit; superior infrastructure and city services; and beneficial regional partnerships and resources.

Foster resilience through strategies which encourage economic diversification.

  • Goal A1: Increase capacity to deliver economic development services within Richardson.

  • Goal A2: Increase workforce development capacity to support business growth and expansion.

  • Goal A3: Prioritize a marketing program that highlights Richardson’s unique local and regional strengths.

Position Richardson as a vibrant innovation hub, supporting early-stage and high-growth companies through tactical strategic partnerships and networking.

  • Goal B1: Develop partnerships which sustain programming supporting innovative startup activity and local entrepreneurs.

Promote growth through strategic infrastructure projects and encourage reinvestment in key areas to create cohesive development that builds on unique assets and competitive strengths.

  • Goal C1: Prioritize public investments in Richardson as part of broader redevelopment efforts.

  • Goal C2: Conduct a holistic redevelopment plan for redevelopment target areas and partner with private industry to encourage TOD offerings near DART stations.

Encourage quality of life and place improvements through placemaking enhancements and diverse cultural amenities to attract businesses and the talented individuals who fuel them.

  • Goal D1: Support destination-oriented retail and entertainment, leveraging Richardson’s existing cultural assets to create a strong sense of place.

  • Goal D2: Promote Richardson as a destination by continuing to promote the arts, music, festivals, and sports and leisure activities.