Telecom Corridor (Richardson, Texas)

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The Telecom Corridor is a technology business center in Richardson, which contains over 25 million square feet of office space and accounts for over 82,600 jobs. The Corridor is a strip about 6.5 miles long along North Central Expressway, between President George Bush Turnpike and Interstate 635 and is often considered an area of the Silicon Prairie. More than 5,700 companies, including 600 technology companies are located in the area, including significant players such as Nortel, Ericsson, Alcatel-Lucent, Tellabs, Texas Instruments, and AT&T. Some of these companies also have offices in Telecom Valley located in California. Although the Telecom Corridor was a booming area of Dallas's economy during the late 1990s, the dot-com bust of 2001 hit the region hard. However, it began recovering in 2004, and that recovery has since picked up momentum, gaining both the operations of many non-technology-related companies and a large number of previously non-existent residential units designed in the New Urbanist style. The name "Telecom Corridor" is a registered trademark and may technically only be used to describe the area mentioned in this article.