KLOwen Orthodontics is relocating to an expanded office space in The IQ® allowing enhanced growth in custom orthodontic solutions.
(Richardson, TX) - The City of Richardson has entered into a partnership agreement with KLOwen Orthodontics, a digital orthodontic innovator, to relocate its headquarters within the Richardson Innovation Quarter® (The IQ®). This move enables KLOwen Orthodontics to further develop its custom digital orthodontic solutions, which have been proven to reduce both the number of appointments and overall treatment times. The company will occupy a 24,850-square-foot lease space at 1703 N. Plano Road in the Cardinal Park development, investing nearly $2 million in tenant improvements and committing to creating more than 100 new jobs over the next five years.
“The Richardson Innovation Quarter® is known for fostering synergies among innovative tech companies, and we’re happy to see KLOwen’s recognition of its value,” said City Manager Don Magner. “We are focused on supporting this area as one of the premier hubs for technological advancement in Texas, and this latest announcement reinforces The IQ® as a place where businesses can locate, collaborate, and succeed. We are excited to see KLOwen Orthodontics remain in The IQ® and look forward to its continued impact in our community.”
KLOwen Orthodontics is a leader in cutting-edge custom digital orthodontic solutions, transforming how orthodontists manage their practices by improving efficiency and reducing stress for the practice and patients. Its products are widely utilized by orthodontists across North Texas and the United States.
"We're thrilled to announce our move to a larger facility here in Richardson, reinforcing our commitment to the community that has been instrumental in our success. This new space not only supports our growing team but also fuels our mission to drive innovation and create new opportunities. By staying rooted in Richardson, we're investing in a brighter future for both our company and the local economy." – Ryan Elmore, Chief Executive Officer at KLOwen Orthodontics.
The company intends to retain 46 existing jobs and create 127 new jobs over the next five years, with an average salary of $86,360. The City is providing a tenant improvement grant requiring a minimum capital investment by the company of $1.4 million and a 5-year lease term, as part of the agreement.
Retaining KLOwen Orthodontics as one of The IQ®’s tech-focused businesses underscores Richardson’s ability to attract companies in its key industry clusters, which focus on technology and software as well as health, medical, and life sciences. It also supports The IQ® as a hub for fostering innovation, collaboration, and growth, offering dynamic synergies in a supportive, forward-thinking environment.
Incentives for Business Growth in Richardson
The City of Richardson’s Economic Development Department invites businesses considering expansion or relocation to explore a range of incentives available to entities demonstrating significant capital investment, job retention or creation, or long-term lease commitments.
Grant opportunities include:
- Building modernization
- Tenant improvements
- Permit fee waivers
- Job creation
Each application is evaluated to ensure alignment with Richardson’s goals of fostering economic growth and enhancing the community’s competitiveness.
For more information, visit www.RichardsonEconomicDevelopment.com.
About the Richardson Innovation Quarter®, or The IQ®
The Richardson Innovation Quarter, known simply as the Richardson IQ® or The IQ®, is a 1,200-acre, amenity-rich, urban tech hub in the heart of the booming DFW Metroplex. Its legacy of serving as a home to technology-focused industries and entrepreneurship stretches back to the early days of the Space Race in the 1950s. Today, The IQ® continues to evolve and boasts innovators across a wide range of industries, including advanced additive manufacturing, biotechnology, finance, software development, and R&D, as well as hosting incubators for entrepreneurial start-ups. With more than 1,100 businesses and 20,000 workers, The IQ® spurs the creativity and collaboration that drive innovation and growth, like that between the City and The University of Texas at Dallas, which jointly share The IQ® Headquarters. The IQ® acts as a living laboratory for big ideas and groundbreaking technology.
About KLOwen Orthodontics:
KLOwen Orthodontics is a custom digital technology company transforming orthodontic practices through our full custom digital orthodontic solution that increases efficiency, improves quality & consistency of outcomes, and reduces stress in the orthodontic practice. Founded in 2019 by Orthodontist, Dr. Brandon Owen, KLOwen is leading innovation in orthodontic treatment with a full portfolio of custom fixed appliances proven to deliver an average of 7.1 fewer appointments per patient. Schedule a demo today by clicking here.
