VOLUME XX, ISSUE XX XXXXXXXXXX, 2020 2020 COMMUNITY INFO 9 RICHARDSON EDITION
VOLUME 2, ISSUE 5 JAN. 22FEB. 20, 2020
TOP STORY TO WATCH IN 2020
Revitalization on thehorizon inRichardson Richardson is one step closer to breathing new life into the heart of its Telecom Corridor. The Collins-Arapaho Innovation Dis- trict is a roughly 1,200-acre industrial area east of Central Expressway. Two decades ago, the district served as the supply chain to the city’s booming Tele- com Corridor, which was home to some of the world’s tech giants, including Texas Instruments and Ericcson. The area’s centralized location, access to talent and transit assets have made it a popular location for leasing activity. It is home to more than half of the city’s businesses and about 19,000 employ- ees, a 2018 city-commissioned study of the area showed. Despite all the district has to oer, limitations imposed by zoning have discouraged developers from revamp- ing the area’s older buildings. In late December, City Council moved to spur redevelopment by approving sweep- ing changes to the area’s land use regulations. “We’ve done just about everything we could do to remove barriers for rein- vestment that is consistent with the vision [for the area],” Director of Devel- opment Services Michael Spicer said. CONTINUED ON 20 BY OLIVIA LUECKEMEYER
SHOPPING LISTINGS DINING LISTINGS
INNOVATION INTRODUCING THE dtrict
The Collins-Arapaho Innovation District is a roughly 1,200-acre area east of US 75.
It contains more than
of the businesses in Richardson and
of the jobs.
people are employed there by over
An estimated 19,000
100,000 Richardson's population will ocially exceed in 2020.
These renderings depict how the innovation district
could look once revitalization is complete.
CITY & COUNTY
Made with FlippingBook - professional solution for displaying marketing and sales documents online