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KDC and the City of Richardson plan to officially open CityLine Drive on Tuesday,paving the way for a $1.5 billion, 186-acre mixed-use development in Richardson.

Richardson-based Mavenir Systems has agreed to be bought by Canadian communications company Mitel in a deal worth about $560 million.

Richardson’s construction boom belies the city’s position as one of Dallas’ first-ring suburbs. With the new $1.5 billion CityLine complex and a $500 million project just announced next door, Richardson is one of the largest commercial real estate centers in the country. This article describes Richardson’s history as a business center and explains why it has experienced such success lately.

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.