Newsroom

Cariloop, a digital platform supplier for senior care, will locate its headquarters in Richardson.

Raytheon today announced plans to move its Garland, Texas, operations to a new state-of-the-art office complex to be built at the CityLine development in Richardson, Texas. Raytheon will occupy 489,000 square feet in three buildings located near the intersection of President George Bush Turnpike and North Central Expressway (US 75), and will begin the move in the fourth quarter of 2015, depending on the construction schedule.

Preliminary plans for Palisades, a 58-acre development planned on the west side of North Central Expressway near the Galatyn Park DART Station in Richardson, include single-family homes, apartments, high-rise office buildings, retail, restaurants and hotels built around a  4-acre park.

Ranked No. 5 on a list of the country’s happiest mid-size cities by real estate brokerage Movoto. Richardson’s high percentage of college educated adults factored into its high ranking. Cities were also ranked according to stress factors, personal income, safety, marriage rates, home ownership, and amenities. Richardson is the highest-rated Texas city on the list.

Richardson looks forward to taking a bite out of Ten 50 BBQ this summer. Chili’s founder Larry Lavine plans to open the restaurant at the corner of U.S. 75 and Arapaho Road in Richardson. The newly-refurbished building sits near the DART rail station and Alamo Drafthouse. The exclusively wood-fired meats will be served with homemade sides like maple sweet potato casserole and jalapeño pinto beans.

2013 was another great year for Richardson retail. The “coolest movie theater in the world” opened this past August and 15 new restaurants were opened or announced.  

REDP ended the year with 36 corporate relocations and expansions that are expected to create
or retain 11,278 Richardson jobs and involve the occupancy of 3,095,938 square feet of non-retail
commercial space. Those totals are all-time records for Richardson and
approximately 300% higher than historical averages. 

KDC Real Estate and Investments has begun revealing details about it’s CityLine development in Richardson.