Richardson will be getting additional jobs as well as capital investments from CBRE according to a Community Impact article from November 19 which reports,
“CBRE will bring 550 new jobs and $13 million in capital investment to the city of Richardson via its new operations center, according to a Nov. 18 press release from the office of Gov. Greg Abbott.
So far, there are 700 CBRE employees based in Richardson with about 300 more to be added by early next year, the spokesperson said. The company’s Dallas headquarters will also add another 460 new jobs and more than $29 million in capital investment, according to Abbott’s release.
CBRE will receive grants of $3.3 million and $3.5 million from the Texas Enterprise Fund, Abbott said in the release. The fund awards “deal-closing” grants to companies considering a new project for which one Texas site is competing with other out-of-state sites, according to the state’s economic development office.”
Several key politicians and representatives were resoundingly delighted and enthralled on the developments between CBRE and Richardson according to an Office of the Texas Governor press release on November 18 which reports,
“CBRE is not a stranger to North Texas and its decision to sprout deeper roots in Dallas proves what many know about the thriving commercial real estate market here,” said Senator Royce West. “Even in the midst of a pandemic, Dallas reported the most commercial real estate deals in the U.S. in 2020. Texas knows what it takes to attract businesses and looking forward into 2022, the markets agree with CBRE that Dallas is a great place to do business.”
“CBRE is a great corporate citizen making a positive impact on North Texas, and the expansion of their global business base makes their impact even more significant,” said Representative Morgan Meyer. “Their expansion means new jobs and growth and is a harbinger of the immense growth potential of North Texas.”
“Once again Texas is proving to be the most attractive state in the country due to limited regulations, low taxes, quality education, prepared workforce, and strong economy,” said Senator Angela Paxton. “We are excited that CBRE is expanding its presence in Richardson as the North Texas community is a great place to live, work, and raise a family.”
“I can think of no better place for a great company like CBRE, Inc. to sink deeper roots into than right here in the heart of North Texas,” said Representative Jeff Leach. “With the expansion of its workforce at its global headquarters in Dallas County, CBRE will reap the benefit of strong schools, reliable infrastructure, low taxes and a tight-knit community of kind, warm and welcoming neighbors. I thank Governor Abbott for his strong and steady leadership of the Lone Star State, ensuring Texas remains the best place in America to live, work and raise a family.”
Richardson Mayor Paul Voelker, while excited and delighted, said in support that CBRE made a wise and strategic decision in choosing his city.