|Transit-Oriented Development (TOD) is a land use pattern and development style with unique characteristics, based on the proximity and relationship of property to a transit facility, such as a light rail station. Special regulations and plans are developed to take advantage of the development potential in the area surrounding a transit facility.
- Four light rail DART (Dallas Area Rapid Transit) stations in Richardson:
Spring Valley, Arapaho Center, Galatyn Park, and Bush Turnpike.
- A potential station, adjacent to the University of Texas at Dallas on the Cotton Belt line, is being planned as part of the Cotton Belt Rail project which will extend DART's light rail service to DFW International Airport.
Richardson has five TOD/Mixed-Use developments:
- Brick Row - 500 unit multi-family complex and 150 owner/occupied townhome development abuts the Spring Valley DART Station.
- Amli Galatyn Station - 235 unit complex across from Galatyn Park DART Station.
- Eastside - 450 unit multi-family and retail w/14 restaurants, a10-minute walk between Galatyn Park or Arapaho DART Station via connecting hike/bike trails.
- CityLine - 1.5 million-square-foot mixed-used development between Bush DART Station and Plano Rd. anchored by State Farm Insurance (8,000 employees) and 800+ upscale apartments
- GreenVue - a 400 unit apartment urban-style complex on Collins Blvd at Alma Road, just north of the Arapaho DART Station.
- Palisades Village, a mixed use of residential, office and retail on the west side of 75 across from Galatyn DART Station. Construction of single family area will begin in fall of 2015.
- $140 million development by Winston Capital Corporation, L&B Realty Advisors and financial partner, Michigan Employees Retirement Fund
- Adjacent to Spring Valley DART station
- 500 new upscale loft-style apartments: leasing has been extremely strong - over 95%
- For Sale townhomes by CB JENI Homes ($240,000K+)
- Development features 2-acre McKamy Springs Park between the townhomes and apartments, surrounding the historic McKamy Springs (ancient Indian watering spring) and hike and bike trails
- 11,000 square feet of retail space currently available along Spring Valley, has a pedestrian-friendly layout for restaurants, office and retail services.
- Sababa Mediterranean Grill restaurant, Tuscany Italian Bistro, Day Spa and other retail shops.
- Retail leasing contacts: Joey Keffler The Weitzman Group
|TOD/Mixed-Use Development: Eastside
- $90 million development by Skyrise Properties and Greenway Investments, completed in 2009
- Located 1/2 mile between the Arapaho and Galatyn Park DART Stations
- Post Eastside: 450 high-end, loft style apartment homes, built/managed by Post Properties - 95% leased with
ground floor retail leased by City Commercial
- 35,000 SF of new office space
- 165,000 SF existing office building and parking garage
- 90,000 SF of retail and restaurants.
- 1 acre park with amphitheater, splash fountain and pedestrian walks, outside dining venues
- Now under construction: Phase II of Eastside with 250 additional apartments on the south side of the development replacing a group of aging one-story office buildings.
- Phase III will add another 250 units.
- Panera Bread
- Jersey Mike's Subs
- Twisted Root Burger Co.
- Russo's Coal Fired Italian Kitchen
- Urban Eatz
- Sushi Zen
- Yumilicious Frozen Yogurt
- Chiloso Mexican Bistro
- Tiff's Treats Cookies
- Mena's Grill Tex-Mex Cantina
- Wicked Po-Boys
- Yoshi Shabu Shabu
- Pho Crimson
- Bawarchi Biryani Point
- Sweet Mix Desserts
- Frost Bank
- Sports Clips
- Dentist office
TOD Development: AMLI Galatyn Station (formerly The Venue)
- $35 million upscale mid-rise apartment development by Legacy Partners. Purchased by Amli Group in Nov. 2011 with 235 unites
- Adjacent to Galatyn Park DART Station - no park station, drop off only - Galatyn Shuttle bus service is available to pick up and drop off at nearby office buildings morning and afternoon.
- Across the street from Eisemann Center for Performing Arts , Bank of America Financial Services campus
- Opened in 2008, now 95% leased
- 2nd generation restaurant space available.
To learn more about the City of Richardson's TOD/Mixed-Use planning go to TOD Planning.