Associa, a leading, tech-driven community association and property management firm, is moving its corporate headquarters from Dallas to Richardson, expanding its footprint within the city and signifying a significant investment and job creation opportunity for the local business community.
The new acquisition involves a two-building office complex at the southwest corner of East Lookout Drive and North Plano Road, totaling more than 260,000 square feet. To aid the project and to demonstrate its commitment to fostering local economic growth, the City has prepared a support package, including building modernization grants and fee waivers.
Over three years, Associa will invest $55.5 million to support the relocation, consolidation of 500 existing employees, and creation of 250 new jobs within Richardson.
Associa’s relocation is just one of several upcoming economic development projects for the City, including inaugural Research Award Match Program (RAMP) funding, new and continued growth in the semiconductor manufacturing industry, and the redevelopment of a prominent shopping center.
