Catalyst Urban Development was recognized this week with the 2026 Innovation in Development Practice Award for the Belt & Main project, at the Urban Land Institute (ULI) Impact Awards held this week. ULI recognition is especially significant as it reflects industry-leading standards in design, innovation and long-term community impact, evaluated by experts in real estate and urban development.
Opened one year ago this month, Belt & Main is a strategic public-private partnership and the first major mixed-use residential and retail development in The CORE District—part of Richardson’s original retail destination, which includes five distinct neighborhoods: Chinatown, Downtown, Heights, Interurban and Lockwood, all home to local dining, retail and community events.
The City has prioritized transforming this area into a more walkable, connected urban environment by working with developers to add residential and retail opportunities.
The CORE District represents one of several areas in Richardson where the City is focused on creating momentum for continued reinvestment and long-term redevelopment.
