Newsroom

Somewhat
lost among all the hubbub of financial service companies hiring hundreds of new
workers in Richardson is the fact that the Telecom Corridor® area’s technology
sector has continued to grow in both telecom and in a diversified array of
other technology verticals.

In its effort to attract foreign companies and open markets for Richardson businesses, Richardson’s international economic development initiative continues to gain worldwide attention and build foreign relationships.

The Austin-based dinner-and-movie chain theater opened its doors Thursday, August 8 after a formal ribbon cutting ceremony led by the Richardson Chamber of Commerce.

State Farm Insurance ceremonially broke ground
on its $1.5 billion mixed-use development in Richardson July 11. The City of Richardson
created a video to welcome our newest “neighbor” into the city.

Restaurants continue to choose Richardson sites to take advantage of the high daytime employment and access on major traffic arteries. With big job announcements from State Farm, United Healthcare, Extend Health and others, we anticipate continued growth in this retail sector.  

The DFW commercial real estate community can support the UT Dallas commercial real estate program through offering
internships and mentoring opportunities and by contributing to the real estate scholarship fund.

JLB Partners will build a large apartment project in KDC’s $1.5 billion mixed-use development in Richardson.

Professional services firm Towers Watson is leasing a third office in Richardson, where it plans to hire 1,600 full-time, temporary benefit advisers and support staff.

There has never been a real estate deal like the State Farm deal in North Texas. Longtime property brokers say that no other company has leased so much office space in the Dallas area in such a short period. The State Farm office complex will be one of the region’s biggest employment centers, with thousands of workers.