Action Newsletter

December 2005 • Volume 2, Issue 12

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REDP Reports Strong Industrial Relocation, Expansion Numbers For 2005

The Richardson Economic Development Partnership, a joint effort of the Chamber and the City of Richardson, is pleased to report 35 significant industrial relocations, expansions and start-ups in 2005 which will create or retain more than 1,600 jobs and occupy 767,672 square feet of commercial space.

The most impactful of the 35 projects was the expansion of Fossil, Inc., the internationally renowned watch and accessories maker, which acquired the 131,541-square-foot three-story office building and surrounding land at Fall Creek. Fossil is experiencing rapid growth and will initially occupy the Fall Creek site with 200 employees while keeping its existing operations on Greenville Ave. The Fall Creek site will accommodate nearly 1 million square feet of office space for the company's long-term future growth.

Richardson's telecom sector showed signs of renewed vigor with the relocation and expansions of Sonus Networks, InnerWireless, TekVizion, GTCI and Award Solutions. The area's semiconductor cluster, bolstered by anticipation of the completion of the new Texas Instruments 1,000-employee semiconductor manufacturing facility in 2006, grew with the location of LSA-cleanpart, which cleans and refurbishes parts for semiconductor-making equipment. The software sector gained with the addition of companies like Stone-Eagle Group, Sipera Systems, Adventsoft, Xactimed and Rainmaker Software and the expansion of istation. Richardson's life sciences sector saw the quadrupling of space for D4D Technologies, an innovative dental crown technology leader.

Non-technology companies also enjoyed attractive leasing opportunities in the city's inventory of more than 6 million square feet of office and office-tech space -- most notably, Plano-based Legacy Bank purchased the former RISD Math and Science Technology Magnet School building on Arapaho Road with plans for a branch and banking operations center on the first floor and office lease space on the second floor. Tyco relocated its 250-employee Simplex-Grinnell division from Lewisville to a leased facility at N. Glenville and E. Collins.

Overall in 2005, Richardson saw a continued positive momentum in its economy, more diversification in its mix of businesses and growth in companies creating exciting, new technologies.

COMPANY	BUSINESS	TYPE	FROM	OCCUPANCY	ADDRESS	SQUARE FEET	TYPE SPACE	EMP.
Stone-Eagle Group	applications software	Relocation	Dallas	Buy	111 W Spring Valley Road	52,984	Office	50
Elcoteq	contract electronics mfg.	Relocation	Carrollton	Lease	1700 International	28,117	Tech	100
ZTE USA Inc.	telecom equipment	Relocation	China	Lease	2425 N. Central Expy. #323	9,650	Office	15
Sipera Systems	security software for VoIP	Start-Up	New	Lease	1900 Firman	8,700	Office	20
Freescale Semiconductor	semiconductor mfg.	Relocation	Plano	Lease	2301 N. Greenville #225	5,264	Office	11
Texas Prototypes	electronic product proto-typing	Expansion	Richardson	Lease	1299 Commerce Dr.	30,783	Tech	31
InnerWireless	In-building wireless systems	Expansion	Richardson	Lease	1255 Kas, Suite 200	17,000	Tech	50
TekVizion	systems integration	Expansion	Richardson	Lease	2301 N. Greenville	14,000	Office	25
LSA-Cleanpart	semiconductor supplier	Relocation	San Jose	Lease	631 International	29,104	Tech	21
Advanced Xpress Printing	bookbinding	Expansion	Richardson	Lease	400 Industrial, Bldg. 1	13,534	Tech	12
Adventsoft Technologies Inc.	software development	Expansion	Richardson	Lease	833 E. Arapaho #238	5,000	Tech	15
AIC Systems	computer systems	Expansion	Richardson	Lease	1110 E. Collins #300	11,678	Tech	20
GTCI	tech training	Relocation	Allen	Lease	2100 Lakeside #250	13,254	Office	25
Inland Southwest Mgmt.	5th largest US shopping center owner	Relocation	Oakbrook, IL	Lease	2201 N. Central Expy.	5,595	Office	15
Globeranger	RFID middleware developer	Expansion	Richardson	Lease	1130 E. Arapaho	16,808	Office	50
D4D Technologies	High-tech dental crown making equipment	Expansion	Richardson	Lease	630-640 International	58,000	Tech	65
MediNet Physician Services	billing outsourcer for doctors	Relocation	Dallas	Lease	1201 Richardson Dr. #160	7,248	Office	25
Cem Technologies	printed circuit board mfg.	Relocation	Carrollton	Lease	1360 Presidential #140	16,000	Tech	15
Bankers Life	life insurance branch office	Relocation	Dallas	Lease	501 W. PGBT	3,151	Office	10
Air Liquide	specialty chemical supplier	Expansion	Dallas	Build	400 West Renner	-	NA	14
Sonus Networks	telecom softswitches	Expansion	Richardson	Lease	1130 E. Arapaho	26,000	Office	50
Triad Spectrum	Computers/Data Systems	Relocation	Plano	Lease	1701 Analog Dr #200	8,160	Tech	30
ENGlobal Engineering	petroleum engineering services	Expansion	Richardson	Lease	275 W. Campbell	9,164	Office	40
Award Solutions	telecom consulting & training	Expansion	Richardson	Lease	2100 Lakeside #300	14,000	Office	50
Highland Homes	DFW area homebuilder	Relocation	Dallas	Lease	3400 Waterview	7,000	Office	15
XactiMed	Medical claims software developer	Relocation	Dallas	Lease	901 International	25,000	Office	70
NetPower Technologies	DC power systems for circuit boards	Relocation	Plano	Lease	Cardinal Technology Center	14,000	Tech	30
Tyco (SimplexGrinnell)	Fire and burglar alams	Relocation	Lewisville	Lease	1125 E. Collins	58,000	Tech	250
Wing Stop	HQ for fast-food chain	Relocation	Garland	Lease	1101 E. Arapaho	17,595	Office	50
Fossil, Inc	Watches and accessories	Expansion	Richardson	Buy	2323 N. Central Expy.	131,541	Office	200
Strategic Oustsourcing Corporation	HR, Employee Benefits, & Risk Mgmt	Relocation	Dallas	Lease	1755 N. Collins	5,000	Office	25
Minirth Clinic	Faith-based counseling	Relocation	Richardson	Lease	1200 E. Collins	8,700	Office	20
Legacy Bank	Bank operations center	Relocation	Plano	Buy	707 E. Arapaho	81,513	Office	125
istation	Educational software	Expansion	Richardson	Lease	800 E. Campbell	10,500	Office	40
Rainmaker Software, Inc.	Software for law firms	Expansion	Richardson	Lease	2201 N. Central Expy. #250	5,629	Office	20
TOTALS						767,672		1604