BY MICHAEL CROUCHLEY
Tech company 1Finity to establish Richardson HQ
$1.75M storm drain utility work planned Two projects costing over $1.75 million for stormwater drainage improvements and repairs are slated for Richardson. What you need to know Richardson City Council approved contracts for the pair of projects at its Sept. 22 meeting. The $1.4 million drainage improvements will increase the size of storm drain mains and construct additional inlets to minimize flooding. The $352,000 project will repair pipes in locations identified as “priority repairs” in the annual stormwater system assessment, city documents state. Both projects are expected to start in November, with the drainage improvements set for completion by October 2026, while the stormwater repairs look to finish by March 2026.
Telecommunications company 1Finity is expanding its operation within Richardson with a new 65,000-square-foot North American head- quarters in Galatyn Commons, according to a news release from the city. The details The city is providing 1Finity a $2.3 million business grant and waiving $130,000 in permit fees to facilitate the move that will relocate the company’s existing Dallas and Richardson offices. In exchange, the company is committing to a 12-year lease, a minimum $13 million capital investment in tenant improvements, and the retention and creation of at least 500 full-time jobs, the release states. “We are really starting to create a cluster around network businesses, and [1Finity] is going to fit into our ecosystem very well,” Richardson City Manager Don Magner said. “We look forward to working with them for many years.”
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1Finity develops and manufactures network hardware and is a subsidiary of Fujitsu Limited, which established a presence in Richardson in the 1990s as part of the city’s Telecom Corridor along US 75. Richardson’s Telecom Corridor is now the Innovation Corridor, and Magner said that Fujitsu’s evolution with 1Finity “mirrors” the evo- lution of Richardson’s tech hub from the Telecom Corridor to the Innovation Quarter.
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