Richardson - January 2020

VOLUME XX, ISSUE XX  XXXXXXXXXX, 2020 2020 COMMUNITY INFO 9 RICHARDSON EDITION

ANNUAL COMMUNITYGUIDE

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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

1011

13

CAMPBELL RD.

75

COLLINS BLVD.

ARAPAHO RD.

N

INNOVATION INTRODUCING THE dtrict

TRANSPORTATION

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The Collins-Arapaho Innovation District is a roughly 1,200-acre area east of US 75.

HALF

It contains more than

of the businesses in Richardson and

of the jobs.

20%

EDUCATION

1517

people are employed there by over

An estimated 19,000

100,000 Richardson's population will ocially exceed in 2020.

businesses. 1,000

These renderings depict how the innovation district

could look once revitalization is complete.

CITY & COUNTY

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communityimpact.com

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