Newsroom

Developers are kicking off construction on $500 million mixed-use project right next to CityLine in Richardson that will include hundreds of apartments, office towers and a hotel.

State Farm’s move to their new regional hub at CityLine in Richardson is ahead of schedule.

UT-Dallas partners with the Lintec Group to bring nanotechnology to the commercial market.

Dell teams up with Firehost to resell Firehost’s services as part of Dell’s cloud portfolio.

REDP won the International Economic Development Council (IEDC) Silver Real Estate Redevelopment and Reuse Award for Digital Realty’s Dallas Data Center Park at the 2014 IEDC Annual Conference in October. IEDC’s Excellence in Economic Development Awards recognize the world’s best economic development programs and partnerships, marketing materials, and the year’s most influential leaders.

2014 was another banner year for Richardson with 33 relocation or expansion projects, over 5,000 new or retained jobs, and office leasing that topped 1.4 million SF.

Richardson retail announcements and redevelopments continue to make headlines.In addition to activity at CityLine where State Farm and Raytheon
are the corporate anchors, retail buildings are being remodeled and repurposed with new tenants. Here’s the latest summary of projects that are in the planning
stages or already underway:

REDP has focused its recruitment efforts on California the past year. Here is a summary of three California companies who recently expanded to Richardson and the reasons behind their decisions.

In 2014, Mike Skelton, Director of
the Mayor’s Office of International Business, met with 42 foreign delegations visiting from
around the globe, visited the UK to conduct economic development business, and met
with foreign-based companies visiting Richardson including Cash Management and
VMN Plus Argentina.