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  2. Site Selection
  3. Expansion/Relocation

Expansion/Relocation

Richardson’s Advantages in Real Estate and Business Environment for Relocating and Expanding Companies

Business Environment

  • Proximity to workers and transportation infrastructure to access a broad spectrum of labor
  • Top 3 DFW largest daytime work center
  • At the junction of major north-south and east-west highways
  • Cotton Belt (DART’s “Silver Line”) ready by late 2022 with stations at CityLine and UTD
  • Home of DFW’s leading public university, 29,000-student UT Dallas
  • 13 for-profit employers with more than 1,000 employees on site
  • Emerging re-developments in the Main Street and Collins/Arapaho areas
  • Exceptionally pro-business local government
  • Confidential real estate and other services
  • Mayor’s Office of International Business
  • A US base for more than 60 foreign-owned companies
  • Millennial-friendly
  • Corporate base includes major operations of State Farm, GEICO, Raytheon, RealPage, Texas Instruments, Fujitsu Communications, Cisco Systems, Lennox Industries
  • “Telecom Corridor” trademark and technology-centric history and image

Real Estate

  • Fast-track permitting coordinated by City Manager’s Office
  • 22 million SF inventory of office space
  • 3.9 MSF of available Class A & B Office space in 97 buildings
  • 43 Office Buildings with available space have > 5 spaces per 1000 SF parking
  • More cost-effective rent than other markets – 33% less than Frisco, 38% less than West Plano/Upper Tollway, 57% less than Preston Center and 73% less than Uptown
  • Recognized investment-grade market with many institutional owners
  • Landlord reps include JLL, C&W. CBRE, Peloton Commercial, Avison Young
  • Professional and complimentary guidance for tenant reps and corporate entities
  • Redevelopment options at the Main Street “Core” area and at the Collins Innovation District
  • Build-to-Suit options at CityLine, Hall Office Park, Palisades and more
Site Selection
  • Site Selection
  • Business Climate
  • Expansion/Relocation
  • Industry Clusters
  • Incentives
  • Richardson IQ®
  • Richardson Co-Working Spaces & Executive Suites
Contact Us
City of Richardson Economic Development Department
1302 E. Collins Blvd.
Richardson, TX 75081
Phone: 972-744-4207
Email: economicdevelopment@cor.gov
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RELATED SITES
City of Richardson
Richardson Chamber of Commerce
RichardsonIQ®
Richardson Core District
Tech Titans
Richardson ISD
Plano ISD
Dallas College - Richland Campus
University of Texas at Dallas
Global Development Initiative

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