The City of Richardson is partnering with Micron Technology, a global company in semiconductor memory and storage, to renovate and relocate its North Texas offices into the Richardson Innovation Quarter (The IQ). The relocation will bring approximately 250, high-paying jobs to the city. The IQ is a hub known for fostering innovation, collaboration, and growth.

The company has committed to occupying more than 60,000 square feet of office space at Collins Crossing, located at 1500 N. Greenville Avenue. Additionally, Micron plans to invest approximately $30 million in the first two years to fund tenant improvements, and the addition of furniture, fixtures, and equipment.

“As the only U.S.-based manufacturer of memory semiconductors, Micron is excited to continue to grow our R&D capability in Texas, with a focus on enabling future industry leading memory products,” said Micron’s Scott DeBoer.  

Micron operates in more than 30 major cities worldwide, with a global team of 50,000 employees.