Million-square-foot data center in the works for Telecom Corridor

Two high-tech firms are breaking ground in the Telecom Corridor on a 1 million-square-foot data center.

RagingWire Data Centers and NTT Communications have purchased 42 acres near Bush Turnpike to build what will be one of the largest data centers in North Texas. It’s planned to be about the same size as the huge Facebook project under construction north of Fort Worth.

Read more on the Dallas Morning News

Telecom Corridor campus sale will bring opportunity for another Richardson business move

A big Telecom Corridor office campus has changed hands. And the new owners plan to remodel and market the buildings to attract more business to Richardson.

The almost 400,000-square-foot, 4-building campus at 2400 N. Glenville Drive is now occupied by Verizon.

But the telecom firm plans to move out at the end of next year. Verizon intends to consolidate the operations to other locations.

Read More Here on The Dallas Morning News

Land purchases near Telecom Corridor pave way for mixed-use development

A Carrollton-based real estate company has purchased almost 170 acres just east of the Telecom Corridor with plans for a mixed-use development.

Standridge Cos. bought up the land along Bush Turnpike at Campbell Road over several years in a series of transactions.

The company still has one purchase scheduled to close in about 60 days. The land has been rezoned for mixed-use development with retail and residential.

Read More Here on The Dallas Morning News

Richardson’s Telecom Corridor gains 1,400 workers with big office move

Richardson’s Telecom Corridor has landed another major employer.

Carrollton-based RealPage Inc. plans to move 1,400 workers into a North Central Expressway office building.

RealPage is taking about 400,000 square feet of office space that is currently rented to State Farm Insurance at 2201 Lakeside Blvd.

The building is one of two high-profile Richardson office properties that just sold to a Chicago investor.

Read More Here on The Dallas Morning News