From the cover
Connecting the Core
Core district projects
The big picture
W. BELT LINE RD.
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Part of the city’s plans to revitalize the Core District include a building modernization grant for Alamo Drafthouse. Officials declined to answer questions about how grants are awarded or if more were to be given to businesses nearby. Drafthouse officials said it was unlikely to renew its lease without the funds due to declining attendance, per emails between city officials and Bill DiGaetano, co-owner and CEO of Alamo Drafthouse North Texas. DiGaetano said he expects the upgrade will bring people to the theater and that, as an anchor tenant, will help other businesses. “We saw an improvement in ... tenants that wanted to locate in the Heights as a result of Alamo,” City Manager Don Magner said, referencing its opening. Other city investments to make the area a walkable destination, such as creating a new park called Interurban Commons or widening sidewalks, aim to tie the five district neighborhoods together.
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1 Alamo Drafthouse A $400,000 building modernization grant from the city of Richardson in January 2024 to help pay for interior renovations. 2 Belt & Main Mixed-use property with retail, restaurant and residential space. 3 Main Street New street signs, improved sidewalks and tree-lined medians were added as part of a $21 million project between 2019 and June 2021. 4 Interurban Commons A $5 million project to create a food truck area, plaza space and connection to nearby trails began in late 2023. 5 McKinney Street A $1.8 million pedestrian crossing project on Main Street, that began in mid-2022 and finished in late 2023.
$28.2 million* by the city and private developers to redevelop areas around Main Street Early 2027 Highlighted projects date back to 2019 with the final project, Belt & Main, slated to be complete by early 2027
*DOES NOT INCLUDE FUNDING FOR BELT+MAIN, WHICH DEVELOPERS DECLINED TO PROVIDE.
SOURCE: CITY OF RICHARDSON/COMMUNITY IMPACT
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