City receives excellence in economic development award
The City of Richardson won a silver category award for its Richardson Innovation Quarter Block Party, a project in the Special Event category of the International Economic Development Council’s 2020 Excellence in Economic Development Awards Program.
IEDC's Excellence in Economic Development Awards recognize the world's best economic development programs and partnerships, marketing materials, and the year's most influential leaders. Thirty-fiveaward categories honor organizations and individuals for their efforts in creating positive change in urban, suburban, and rural communities. Awards are judged by a diverse panel of economic and community developers from around the world, following a nomination process held earlier this year. IEDC received over 500 submissions from four countries.
Richardson has been putting the tools in place to transform an aging industrial area into a creative destination for the evolving, 21st century tech industry and its creative entrepreneurs. As part of this effort, Richardson engaged businesses and stakeholders in a new, innovative way with a Block Party event that would embody the vision for the District. The Innovation Quarter Block Party utilized tactical urbanism principles to transform a vacant industrial site along a utilitarian stormwater channel with food trucks, live music, games, giveaways from local businesses, and “pop-up park” demonstration with pedestrian bridges over the creek. This event energized the area and acted as a proof of concept for what the District could become.
Hundreds of residents and workers attended the two-day event and provided comments for new zoning code that would encourage amenities similar to those experienced at the Block Party. AThis event was innovative, creative, engaging, and has resulted in positive economic and quality of life outcomes for our district.
About the International Economic Development Council
The International Economic Development Council (IEDC) is a non-profit, non-partisan membership organization serving economic developers. With more than 5,000 members, IEDC is the largest organization of its kind. Economic developers promote economic well-being and quality of life for their communities, by creating, retaining and expanding jobs that facilitate growth, enhance wealth and provide a stable tax base. When we succeed, our members create high-quality jobs, develop vibrant communities, and improve the quality of life in their regions. Learn more at iedconline.org.