The good news keeps coming for CityLine, KDC’s 186-acre mixed-use project in Richardson. Defense giant Raytheon has selected the developer to build it a new three-building, 489,000-square-foot campus there.
Raytheon will relocate its Garland operations to the new site at the southwest corner of State Highway 190 and Wyndham Lane. The company’s Jupiter Road complex dates back to the 1950s.
About 1,700 employees will move to the CityLine campus. Lynn Dugle, president of Raytheon Intelligence, Information and Services (IIS), said the new facilities will allow for expansion as the business unit grows. “Our new offices will also help us support the missions of our customers and will better reflect our role as a global technology and innovation leader in such areas as information processing, big data, cyber security, and weather data exploitation,” she said.
Raytheon said several options are being pursued with regard to redevelopment of the Garland complex. The company has about 8,000 employees in the region, including those who work for the IIS division. Other operations include the company’s Missile Systems division and its Space and Airborne Systems group, which last year moved to McKinney from Southern California.
Waltham, Mass.-based Raytheon, which had sales of $24 billion in 2013, is the second big tenant for CityLine, where KDC also has a four-building, 2 million-square-foot campus for State Farm under way. Construction of the defense company’s complex will begin this summer, with completion slated for the fourth quarter of 2015.
Toby Grove, president of Dallas-based KDC, said the new Raytheon campus will complement the entire development and enable the company “to attract and retain the best possible talent for years to come.”
Raytheon was represented in its search by Brad Selner and Stephen Holley with the Dallas office of JLL, along with Michael Condon and Brendan O’Shaughnessy with JLL’s Los Angeles office. HKS is the project architect and Kimley-Horn and Associates is the civil engineer.
