Richardson Telecom Corridor On The Rebound

September 24th, 2007

I remember when the Telecom Corridor was growing in Richardson Texas like there was no tomorrow. I worked with clients in and around the corridor from 1995-2001 during my days in Structured Cabling and Carrier Class Ethernet Hardware. In 1998-2000 in particular it was the place to be with high tech companies grabbing up office space just to be “prepared for more growth”. Then in late 200o I had a conversation with a contact up at Alltel in Arkansas that I knew spelled trouble all the way down here in DFW. My contact told me all CLEC expansion has been canceled for 2001 this was one of the reasons I choose to take a position that winter that moved me out of the state for three years in a more diverse industry.

Three years later I returned to Dallas – Fort Worth and it was good to be home but I scarcely recognized Richardson. The beautiful former Erricson was either empty or now converted into Hotel Space. Several of my former clients had either gone out of business or relocated to less expensive locations. Having spent so much of my career in the 90s working in the area it was a disappointment to see.

That’s why I was happy to read an article in the Dallas Business Journal this morning that mentions a new “Mixed Use Project” going on in Richardson. The new venue will consist of 285 Luxary Appartments and 6,000 square feet of retail space when it opens next summer. The 363,000 square foot development will be located at the corner of Galatyn Parkway and Performance Drive near the Eisemann Performing Arts Center and the Renaissance Dallas Hotel.

The Developer on this project is a company called Legacy Partners out of Foster City California.  While this is not a return of Santera, Pathnet and other Carriers that occupied the Corridor in the 90’s it is a positive sign or the City of Richardson and I for one hope to see the renewed growth continue.

~ Jack Spirko

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August 23rd, 2007

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