Hot news in City developments
Several exciting Richardson developments are hot topics.
The City Council recently approved a mixed-use development at the northeast corner of Central Expressway and Main Street. The 14.5-acre development will include residential, commercial and restaurant space. It is the first significant private sector development in the downtown area since the adoption of the Main Street/Central Expressway Form Based Code last year. The direction of the revitalization of the downtown redevelopment was influenced by a citizen feedback session at the Chamber in 2013.
It’s official. Fox Creek Park is the name for the new 13-acre park planned for the east side of the CityLine development. Scheduled for completion in early fall of this year, Fox Creek Park will feature greenspace, benches, trees, drought-tolerant native landscaping, a picnic pavilion, a playground and concrete trails that extend the existing Owens Trail, including a 12-foot-wide concrete-and-steel bridge over the creek. It will be located at the northeast corner of Foxboro Drive and Renner Road, extending north to CityLine Drive.
The secret is out. Richardson is #5 on the 2017 list of “Best Places to Buy a Forever Home,” by the personal finance website GoodCall.com. A total of 509 cities across the U.S. were evaluated based on six criteria including affordability, home values, population, educational values, unemployment and crime rates. “Combined with one of the country’s lowest affordability rates – homeownership costs about 16% of annual household income – make Richardson a thriving place to settle down,” according to the report.
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