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Corporate Innovation R&D Centers

Frisco is a den of corporate leaders, proudly recognized around the world as premier players in their respective industries. As they're driven by exploration and creation, these brands and Fortune 500 companies are leveraging Frisco's culture of innovation and business-friendly environment to launch their own research and development endeavors — in turn, transforming the R&D industry into one of the city's largest-growing sectors.

Industry Insights & Significant Developments

Where Authenticity and Innovation Converge

Frisco is not just a suburb of Dallas. It's evolved into a business-friendly district at the forefront of innovative research and development endeavors. As the population and corporate presence grows across the city, so, too, does the number of R&D hubs boosting the local economy. 

Home to several corporate innovation research and development centers, Frisco shares their mission of exploration and experimentation, and offers them the liberty to develop and test products and solutions that improve everyone's quality of life. 

Fortune Favors the Innovative

One of the most desirable locations in the nation for businesses to engage in creative pursuits, Frisco now boasts five Fortune 500 corporate innovation research and development centers. 

They are:

  • Comerica Bank 

  • T-Mobile

  • Toshiba Global Commerce Solutions

  • Keurig Dr Pepper

  • Magellan Health, Inc.

Keurig Dr Pepper excels in the food and beverage sector, while Magellan pioneers new health care services and technological solutions at its center. Toshiba leads in point-of-sale systems and fintech. T-Mobile innovates in the smart city arena. And Comerica focuses on fintech at its R&D center, developing mobile systems tailored to small businesses often overlooked in the modern-banking era. 

All the above join other leading brands like GEA Food Solutions and Gatorade, collectively growing the sector exponentially in Frisco. 

Fast Fact: Approximately every third chicken nugget is produced using GEA technology.

Companies in Frisco

Comerica Bank

Comerica Bank operates under Comerica Incorporated, a financial services company founded in 1849. The bank opened its Business & Innovation Hub at The Star in 2023, followed by its CoWorkSpaces feature, which focuses on meeting the needs of small businesses.
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T-Mobile

America's supercharged un-carrier, T-Mobile is a leading telecommunications company, providing wireless voice, messaging and data services. Following its merger with MetroPCS, the group chose Frisco for its regional headquarters and, since 2020, has called the Duke Bridges building home.
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Toshiba Global Commerce Solutions

Frisco welcomed the leader of digital transformation in 2022, when the retail division of Toshiba Global Commerce Solutions opened its innovation and incubation hub. Today, the company continues its mission of developing advanced solutions to meet the evolving technology needs of the world's biggest retailers.
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Keurig Dr Pepper

A globally recognized company, Keurig Dr Pepper (KDP) produces and distributes a broad portfolio of hot and cold beverages. The result of a merger with Keurig Green Mountain in 2018, KDP sought a connected and collaborative workplace for its second headquarters, which it found in Frisco at The Star.
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Magellan Health, Inc.

For more than 40 years, Magellan Health has managed the fastest-growing and most complex areas of health care, prioritizing  innovative ways of accessing health care through technology. In 2020, the Fortune 500 company moved its headquarters to Frisco Station.
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GEA Food Solutions

Headquartered in Düsseldorf, Germany, GEA joined the Frisco tech-scape in 2014 with its first North American center. Eight years later, the food solutions company celebrated the opening of a new, state-of-the-art center that invites customers to test products during development.
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Gatorade Sports Science Institute

In 2018, the leader in thirst-quenching sports drinks opened its second U.S.-based research facility at The Star. In partnership with the Baylor Scott & White Sports Therapy & Research facility, the Gatorade Sports Science Institute (GSSI) conducts sport-specific testing focused on therapy and recovery.
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More Key Industries

Financial & Insurance Services

Frisco's financial industry cluster — which includes banking, investment and wealth management, insurance services, the burgeoning fintech sector and more — is one of our city's largest job markets.

Logistical Services

Distribution and warehousing facilities are key to supply chain management and foster the innovation and growth of logistical technologies.

Sports

Known as Sports City USA, Frisco is home to five major stadiums, prestigious sports medicine and research centers, championship-level training facilities and top-tier sports organizations.

Media, Gaming & Esports

An organic offshoot of the city's sports sector, this innovative industry includes everything from traditional media to new gaming technologies.

Wireless Technology, Telecommunications & Cybersecurity

Continual innovation and technological advancements are fueling economic growth and act as an essential branch of Frisco's flourishing startup ecosystem.

Headquarters Operations

Corporate brands with pivotal roles in solidifying Frisco as a business and innovation center are continually choosing Frisco as the site for their headquarters.

Professional Services

A catchall that encompasses the city's advertising, marketing and accounting firms, as well as the IT service stronghold, this sector is vital to growing Frisco's dynamic corporate terrain.

Health & Human Performance

This sector includes comprehensive wellness centers, athletic performance institutes and specialty pharmacies that harness innovative solutions and technologies.

Architecture, Engineering & Construction

To meet the demand of the fastest-growing city in the U.S., this sector has evolved into a vibrant domain, driving development across the city.

Consumer Goods & Products

The brands which operate out of our city are modernizing the industry, driving economic prosperity and engaging with consumers in new, thoughtful ways.

Venture Capital Firms

Establishing itself as an innovation hub, Frisco is actively courting venture capital and private equity firms, aiming to become the VC capital of the central U.S. by 2040.
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