A growing workforce and diverse population is driving a surge in the number and variety of restaurants in Richardson, experts say.
Beginning in 2015 and continuing through today retail vacancy rates have trended downward while rent per square foot has climbed, according to CoStar Realty Information data provided by the Richardson Economic Development Partnership.
John Jacobs, executive vice president of the partnership, said the timing of that phenomenon can be traced in part to the arrival of corporate giants, such as State Farm and Raytheon, resulting in an intensified demand for restaurants and other amenities.
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