“Innovation” and “collaboration” were the buzzwords at the ribbon-cutting ceremony at the headquarters of the Innovation District – a cornerstone of planning and work over the years – which aims to capitalize on the city’s telecommunications past as a hub for new technologies.
The new 27,500-square-foot space, leased in partnership with UT Dallas, is located in the 1,200-acre Innovation District and is designed to bring together players from tech startups to established international companies, university researchers and public stakeholders to make the city a global participants in the urban ecosystem.
“It’s not just an effort by the City of Richardson; it’s not just an effort by Dallas; it’s bigger than the North Texas region,” Richardson Mayor Paul Volcker said at the event. “What I love about Richardson City is that we’re a global presence, and our vision here is that we’re going to be a global influencer in technology and innovation.”
Located between Campbell Road in the north and Apollo Road in the south, along a stretch of land known as the Telecom Corridor, the Innovation District has become home to a number of global companies such as Ericsson and Siemens, as well as id Software and Zyvex.
“The collaboration we’ll be able to really achieve is a global marketplace,” Voelker said. “In my experience, the international community tends to be one of the most entrepreneurial people you can meet,”
After rezoning much of the area to make the building more attractive and flexible for emerging companies, the city used a ribbon-cutting ceremony to mark the opening of IQ – which businesses will be able to use as new technologies and ideas. For example, the city wants to use its existing telecommunications infrastructure to help use moving walks along Glenville Drive, which form the “pillar” of IQ.
A key IQ goal: Attract hundreds of small companies and startups
One goal of IQ, Voelker said, is to provide a venue for building a business or commercializing research from UT Dallas and other institutions in North Texas. A larger economic goal is to attract hundreds of small companies and startups that could eventually become unicorns or go public, rather than focusing on incentivizing one or two large companies to set up shop in the city.
“As we go out and recruit more diverse key industries to become part of the Richardson region, the common denominator is our innovation in communications and computing,” Volker said. “When these companies look at a heatmap of available resources, those resources will be available because of UT Dallas, which is a logical place for them to land.”
Within IQ headquarters, the City of Richardson plans to house a newly created Office of Economic Development and Strategic Initiatives, as well as space for events and programming.
“Some people remember the early days after Telecom went bust and many of us got together and said, ‘What are we going to do now?'” Volker said. “We got a punch in the gut. This building, this day, we’re back.”
The University of Texas at Dallas will play a leading role in driving innovation
The University of Texas at Dallas will play a leading role in bringing talent and companies to Richardson, as it has helped to do so since UTD first started as a research arm of Texas Instruments (TI).
In addition to attracting talent and emerging startups to the area, the university will occupy most of the space at IQ’s headquarters. In addition to co-working, office and laboratory spaces, the university will launch five new research centres under the umbrella of the Innovation District’s Centre for Emerging New Technologies – which will rotate due to high demand for researchers in the field .
The newly opened space will also accommodate the expansion of UT Dallas’ Venture Development Center.
“How do we know what the success of our work at Richardson IQ is?” UT Dallas Chancellor Richard Benson said at the event. “It looks like this: Industry will partner with top researchers from UTD, entrepreneurs will launch startups with our support, and the public will experience academic and skill-building education from one of the nation’s top research universities.”
The new IQ research center at the University of Texas at Dallas includes (description from UTD):
Center for Applied Artificial Intelligence and Machine Learning
The Center for Applied Artificial Intelligence and Machine Learning (CAIML) is an R&D center that works with companies to apply cutting-edge artificial intelligence (AI) and machine learning technologies to their products, services and business processes.
Imaging and Surgical Innovation Center
The Center for Imaging and Surgical Innovation (CISI) brings together engineers and computer scientists at UT Dallas and researchers and clinicians at UT Southwestern to develop emerging technologies to improve patient care and human health. UT Dallas, UT Southwestern and local companies will collaborate on translational research, clinical trials and product commercialization.
Multi-scale integrated interactive intelligent perception center
The Multiscale Integrated Interactive Smart Sensing (MINTS) Center will develop and deploy cost-effective irrigation decision support tools that use super-resolution machine learning and remote sensing imagery from satellites, drones and security cameras. The center will work with municipalities, corporate parks and homeowners to save money by optimizing water use for irrigation.
Smart Connected Mobility Center
The Smart Connected Mobility Center (CSCM) aims to provide advanced solutions for the engineering of smart, intermodal network transportation infrastructure to improve safety and enhance mobility for drivers, cyclists and pedestrians. The center aims to pursue community engagement, strengthen industry collaboration, accelerate the transition of research to the real world, and advance education and outreach efforts.
Richardson Innovation District Center for Applied Artificial Intelligence with expertise from The University of Texas at Dallas
The Center for Applied AI in the Richardson Innovation District and UT Dallas’ Expertise (CAIQUE) will showcase the university’s emerging applied AI research to attract companies, win off-campus grants, strengthen international partnerships and provide affiliated students with a global network to engage them Stand out alumni at UT Dallas. The multidisciplinary centre draws on expertise from across the University and will have affiliated faculty from around the world. An industry advisory board will help shape the center’s direction.
“This forward-looking initiative will allow us to jointly attract new businesses to the region and collaborate to ensure that UT Dallas and the resulting community can learn and implement the knowledge they acquire, while contributing to the economy of the city and beyond. growth,” said Jamison, vice president of facilities and economic development at Calvin University of Texas at Dallas, at the event.
“While some communities are at first base, we have found extraordinary pace in one special place – the City of Richardson – in a special space where visionaries can be provided in this competition for research, innovation and technology. leadership,” Jamison added.
Quincy Preston contributed to this report.
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