Newsroom

KDC has begun construction on its 186-acre, $2.5 billion site in Richardson, as evidenced by a number of bulldozers turning dirt on the property.

Texas Capital Bank is adding 50,000 square feet of office space to its operations in the building at 2350 Lakeside Boulevard.

City of Richardson was recently ranked third
overall in the Americas, in its size category, in fDi Magazine’s bi-annual “American Cities of the Future” list,
which evaluates cities for their attractiveness for inbound foreign direct
investment.

Safeguard Properties Inc., a company that manages foreclosed homes for mortgage service companies, will open a Richardson office with 200 employees. Safeguard is the first tenant to occupy the newly renovated Greenway II complex at 2400 Lakeside Blvd., leasing the 22,000-square-foot third floor of the building.

State Farm Insurance dominated the latest Top 25 listing as the tenant in three of the top five Office Leases for deals signed in 2012. Two of the three leases are in Richardson.

The Federal Communications Commission has given its approval to a proposed combination of Richardson-based MetroPCS Communications Inc. and T-Mobile USA Inc.

North Dallas insurance company ACIG is moving its offices from North Dallas to Richardson.

The Richardson Economic Development Partnership (REDP) has been recognized as
one of only 32 economic development organizations worldwide accredited by IEDC
as an Accredited Economic Development Organization (AEDO). 

From a results perspective, the Richardson Economic
Development Partnership (REDP) concluded one of the most successful years in its
history in 2012. REDP logged 49
expansions/relocations, 5,512 new or
retained Richardson jobs and 1.9 million square feet of non-retail commercial space occupied.