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With five new UT Dallas research centers, an extension of the university’s Venture Development Center, and new attractions like TheLab makerspace, The IQ may just realize Richardson’s vision to be “the premier tech hub in Texas.”
The University of Texas at Dallas is partnering with the city of Richardson to support the region’s startup and entrepreneur community by establishing a physical presence in the Richardson Innovation Quarter.
UT Dallas will locate five new research centers and an extension of its Venture Development Center in the district, also known as the Richardson IQ or The IQ. A 1,200-acre hub for innovation and entrepreneurship, the initiative aims to stimulate collaboration across businesses, attract new jobs and strengthen partnerships between the University, the city and the business community.
RICHARDSON – The City of Richardson will establish a significant physical presence in the Richardson Innovation Quarter – also known as the Richardson IQ® or The IQ® — by moving its Office of Strategic Initiatives into the dynamic innovation district. Joining the City in the modernized 1302 E. Collins Blvd. facility will be The University of Texas at Dallas (UT Dallas), which will place five newly created UT Dallas research centers plus an extension of the university’s Venture Development Center in the heart of The IQ®.
The University of Texas at Dallas and the city of Richardson are in the process of turning about 1,200 acres in one of the city’s oldest business areas into an “innovation quarter” with five new technology research centers.
Richardson officials announced the city and The University of Texas at Dallas will have a presence in the upcoming Richardson Innovation Quarter development.
Richardson Innovation Quarter, or The IQ, is a 1,200-acre industrial area east of Central Expressway that, for the past several years, has been the subject of an in-depth, city-led revitalization effort. The vision for the area is that it will become the “premier tech hub in Texas,” according to a 2018 vision statement.
In December, the Richardson City Council approved rezoning for higher density development and a variety of uses to provide a foundation for an innovation-focused, urban mixed-use environment.