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Business
Ron Pressman, global CEO of Urban Land Institute, [Photo: ULI]
The Last Word: CEO Ron Pressman on the Urban Land Institute’s Conference in Dallas This Week
by David Seeley | Oct 25, 2022
Pressman, the former CEO of institutional financial services at TIAA, was appointed global CEO of the Urban Land Institute only two weeks ago. But he's up and running at the ULI's Fall 2022 Meeting in Downtown Dallas this week, a four-day conference that began Monday at the Kay Bailey Hutchison Convention Center.
The ULI is the world's oldest and largest network of cross-disciplinary real estate and land use experts, and is welcoming over 5,000 attendees to this week's conference, which is packed with daily sessions and speakers—and as Pressman told the Dallas Business Journal, dozens of tours of all things CRE in Dallas.
by David Seeley |
Oct 24, 2022
Southern Gateway Park, a planned $172 million, five-acre deck park over I-35 by the Dallas Zoo—just reached a big milestone. TxDOT has completed the foundation deck for Phase 1 of the deck park (seen in the right half of the image above). The park will literally and figuratively reconnect the Oak Cliff neighborhood that was divided by I-35 in the 1950s.
The park promises to be an engineering marvel with five acres of wooded slopes, water features, rocky escarpments, a restaurant/retail complex hidden under a hilltop, and one of the most awesome kids' playgrounds in North Texas. But its greatest achievement may be to make Oak Cliff whole again—and to bring all of Dallas together.
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by Kevin Cummings |
Oct 24, 2022
Pond Robinson specializes in construction and architectural consulting from its offices in Dallas, Houston, Atlanta, and Tampa. With the investment, it becomes the fourth company in Dallas-based Coltala's portfolio, joining MyFitnessStore.com, Choice Health at Home, and home services and repair firm Trüdela Partners.
While terms weren't disclosed, Coltala says it focuses on majority-control investments with transaction sizes between $30 million and $100 million.
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by Dallas Innovates | Staff Report |
Oct 24, 2022
Bonding tech is booming in hair care, Sally Beauty notes, but the category is often "premium priced." Sally wants to bridge that gap in care for damaged hair. Its four-step bondbar system leverages technology that impacts the chemical bonds within human hair.
"It was crucial for us to deliver a product that truly delivers on its promise to strengthen and repair damaged hair at an accessible price point" says Steve Chattin, VP of global product development at Sally Beauty.
"It was crucial for us to deliver a product that truly delivers on its promise to strengthen and repair damaged hair at an accessible price point" says Steve Chattin, VP of global product development at Sally Beauty.
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James Beard Award nominated hospitality industry veterans and husband-wife business partners, Elizabeth Blau and Chef Kim Canteenwalla [Courtesy photo]
New Spin: Concept Restaurant Crown Block Set for Spring Opening Atop Reunion Tower
by Lance Murray | Oct 22, 2022
The James Beard Award-nominated hospitality industry veterans behind the concept are aiming for a restaurant as iconic as The Ball itself. Crown Block will serve steak, seafood, and plant-based cuisine —along with spectacular Dallas skyline views and curated cocktails. Hunt Realty Investments says it fills the void left when celebrity chef Wolfgang Puck shuttered his Five Sixty restaurant in the pandemic.
Unlike its predecessors, the 18th-floor restaurant won't spin. That makes the 17th-floor private event space even more special—party planners can request rotation when booking.
Unlike its predecessors, the 18th-floor restaurant won't spin. That makes the 17th-floor private event space even more special—party planners can request rotation when booking.
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by Dallas Innovates | Staff Report |
Oct 21, 2022
The next time you see Luka Doncic slam home a dunk at a Dallas Mavericks game, he'll be doing more than helping his team win in the new NBA season. He'll also be scoring $50 to help create opportunities for young adults across Dallas-Fort Worth.
TIAA and the Mavericks are teaming up on Dunks for Equity, a program supporting educational and professional equity for all.
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by Lance Murray |
Oct 21, 2022
In this week’s roundup of hires, promotions, and accolades in North Texas, you’ll also find news from Advent International, Stellar, Stream Realty Partners, The Citizenry, Sabre Corp., SB Architects, and others.
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by Dallas Innovates | Staff Report |
Oct 20, 2022
Hong has received the Established Investigator Award from the American Heart Association, receiving $400,000 in research funding support for five years. The award is given to established investigators in rapid growth phases of their careers, whose accomplishments continue to show promise.
Hong's promise centers around his research on new "bioactive materials" to mimic the natural state of a body for heart research. That's important because cardiovascular disease remains the world's No.1 killer in the world, claiming nearly 18 million lives per year, UT Arlington says.
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Photo: TOCA Soccer
TOCA Football Partners With Major League Soccer To Develop Athletes in DFW and Across U.S.
by David Seeley | Oct 20, 2022
TOCA has 28 tech-powered soccer training centers across the U.S., including several in the Dallas-Fort Worth area. The 10-year MLS partnership will kick off in 2023, aiming "to inspire and improve the next generation of soccer players in North America." As part of the deal, MLS will become a TOCA shareholder.
TOCA views North Texas as a key hub for the company. Athletes across DFW train with TOCA's proprietary tech—from data-capture and analytics to the TOCA Touch Trainer. And TOCA Social, a 56,000-SF entertainment and dining venue, is on its way to the Dallas Design District.
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by Dallas Innovates | Staff Report |
Oct 19, 2022
Caballero—a three-time Guinness Book of World Records holder for most current annual home sale transactions through MLS by an individual sell-side real estate agent—should know a thing or two about interest rates. And he says the recent spikes have got Texas home builders "scrambling."
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by Kevin Cummings |
Oct 19, 2022
“More intense innovative activity leads to higher rates of economic progress," researchers for an international conference noted last year. That's certainly true of Dallas-Fort Worth, which had the No. 5 fastest-growing economy of any U.S. metro this year, according to the American Growth Project. DFW and the other top four metros on the list share a key distinction: They're all hubs for tech and innovation.
The report says DFW's attractiveness helps bolster its existing “diversity and strength across industries,” while noting that health care is a “major driver of economic growth” in the region.
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by David Seeley |
Oct 19, 2022
Adam Jackson, Stream's new Chief Investment Officer, joined the company in 2008 and launched the firm’s investment management platform in 2015, leading its growth to its current billion-dollar-plus equity position.
Locally, Stream is developing The QUAD, a 490K-SF mixed-use development in Uptown Dallas, and is one of two master developers on an 18-acre, $472 million transit-oriented project at Addison Circle.
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Hector "HECZ" Rodriguez
OpTic Gaming Makes Executive Leadership Changes
by Dallas Innovates | Staff Report | Oct 18, 2022
The founder of OpTic Gaming is stepping back into the CEO role at the entertainment, media, and esports company.
Hector Rodriguez founded OpTic in 2006, which has become one of the most winning esports organizations in the world. Adam Rymer, who joined its then-named parent company Envy Gaming in the summer of 2020, is stepping down as CEO....
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by Kevin Cummings |
Oct 18, 2022
New features to the donor engagement platform GivingDNA allow nonprofits to predict which potential new donors to approach—while unlocking access to a “new generation” of donors using cryptocurrency.
“Crypto cannot be ignored anymore, and we want to make it easier for marketers to target and serve those with this asset,” says Rebecca Gregory Segovia, GM of GivingDNA.
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by Quincy Preston and David Seeley |
Oct 18, 2022
Bringing 36 years of experience from his Best Buy days, Brad Anderson isn't just joining Spacee's advisory board. He's also investing in the startup—which aims to transform retail businesses with its HoverTouch interactive experiences, while helping industries track inventories with its Deming shelf-mounted robots.
"I was attracted to the company’s learners and adapters," Anderson tells Dallas Innovates. "They're a team of people that when you have a problem, they are unencumbered in their ability to innovate to solve the problem."
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by David Seeley |
Oct 18, 2022
“Achieving triple-digit growth isn’t easy. It takes vision and execution, boldness and grit," Baker writes in an article in Forbes. "You can’t talk your way into that kind of growth. You have to put the work in, stay united in adversity, lick the occasional wounds of failure, and keep taking risks to find those successes that lie at the intersection of technologies and trends in the marketplace."
What makes growth even harder is when "seasons of change" hit businesses and founders alike, he adds, offering some insights into how he and Parkhub have dealt with them.
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