Business

 

 

‘Full-Strength Fort Worth’ Aims to Create Equitable Economic Vitality in Underserved Communities

by | Jun 21, 2022
The city of Fort Worth has launched a new framework—Full-Strength Fort Worth—to bring economic vitality to every corner of the city. The comprehensive revitalization strategy "prioritizes equity and preservation, celebrates diversity, and creates exciting communities where everyone can thrive," the city says.

Read more about the "new vision" for the Panther City, and see a map of key revitalization target areas—from Stop Six to Historic Handley to River East.
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Marine Vet Creates Evacuation Tech To Light Up ‘Pathways To Safety’ in an Emergency
by | Jun 21, 2022
Go-To-Green's patented audio-visual system can detect both the sound of a fired gunshot and the pressure change made by a bullet in the air. The system lights up to direct people to the safest exit—and tracks the source of shots.

In North Texas, the system is currently being installed in Anna's city hall, and talks are underway with three school systems and a grocery chain, the startup's CEO told us.
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It’s On: 1 Million Cups Dallas Is Back

After a pandemic hiatus, 1 Million Cups Dallas is back for connection, conversation, and coffee. A “grand relaunch event” for the gathering of entrepreneurially-minded people will be held both in-person and virtually on Wednesday, June 22....

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DI People: PGA of America, The DEC Network, Blackshaw Partners, Exela Technologies, And More Make Leadership Moves
by | Jun 17, 2022
In this week’s roundup of hires, promotions, and accolades in North Texas, you’ll also find news from Avodah, Skylark Equity Partners, Stream Realty Partners, Sesami Cash Management Technologies, and others.
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Dallas-Based Granite Properties Named NAIOP 2022 Developer of the Year

by | Jun 16, 2022
NAIOP—the national commercial real estate development association—has recognized Dallas-based Granite Properties with its highest honor, Developer of the Year. The award honors innovation, commitment to sustainability, and leadership in the industry.

Founded in 1991, Granite owns 11 million square feet of office space across the U.S. valued at $3 billion, and has completed more than $8 billion in real estate transactions.
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Hook, Line, and Sinker: Fort Worth Lands Top Fishing Brand’s First Brick‑and-Mortar Store
by | Jun 16, 2022
The first-ever outpost of Karl's Fishing & Outdoors aims to hook you with Mystery Tackle Boxes, interactive "bait tech" experiences that play for each lure you grab off the wall, and a 40-foot "Bassmobile" parked outside today through Sunday. Karl's "promises to deliver an experience that hasn’t been seen in the outdoor category," says the retail experience director for its parent company, Catch Co.
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With $16.5M in New Funding, Fort Worth’s Nacuity Aims to Treat ‘Serious Blinding and Chronic Diseases’
by | Jun 15, 2022
Nacuity Pharmaceuticals focuses on ocular diseases caused by oxidative stress in the retina, including age-related macular degeneration, glaucoma, and diabetic retinopathy. The $16.5M funding, led by the Foundation Fighting Blindness, will help advance two Nacuity clinical trials. “This funding will help further our mission to develop a breakthrough treatment for retinitis pigmentosa and other serious blinding and chronic diseases," said Nacuity Chairman, CEO, and Co-founder Halden Conner.
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32 North Texas Companies Make List of 2022 Best Workplaces in Texas
by | Jun 15, 2022
Great Place to Work and Fortune Magazine have released their list of the 2022 Best Workplaces in Texas—and 32 of them are in North Texas. Honored locals include 10 of the 25 large companies on the list, and 22 of the 50 small and medium companies.

Here's the list of locals.
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Studio Created by Words With Friends Co‑Founder Raises $46M for Web3 Battle Arena Game

by | Jun 14, 2022
McKinney-based Playful Studios and its Wildcard Alliance subsidiary—led by Words With Friends co-founder Paul Bettner—raised the funding for Wildcard, which combines arena-style battles with a collectible card game. “With Wildcard, we're focused on fun first, building a next-generation 'spectator sport' to welcome the entire community of competitors, collectors, sponsors, and fans to play together," Better says.
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Caterpillar To Move Global Headquarters From Illinois to North Texas
by | Jun 14, 2022
CAT's move is “in the best strategic interest of the company,” said Chairman and CEO Jim Umpleby.

The heavy-machinery maker has a long history of innovation, from the first commercially successful track-type tractor to drone technology to autonomous solutions for mining trucks. Caterpillar's Electric Power division, already housed in Irving, is a unique organization supporting a variety of industries with reliable power technology.
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Texas Central High-Speed Rail Leader Carlos Aguilar Announces Resignation
by | Jun 13, 2022
Texas Central President and CEO Carlos Aguilar announced his resignation on LinkedIn over the weekend. The news comes as the Texas Supreme Court is poised to issue an eminent domain ruling that could impact the bullet train project's future.

Despite several months of challenging headlines for the project, Aguilar cited his team's achievements and said he would be announcing next steps soon.
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Google Creates New Cloud Region in Dallas, Expanding Capacity and Flexibility
by | Jun 13, 2022
The new Google Cloud region in Dallas is part of Google's $9.5 billion investment in data centers and Google offices across the U.S. in 2022, which it says will create 12,000 jobs. $600 million data centers in Midlothian and Red Oak are also part of the project.

A Google exec says the new Dallas region will offer Google Cloud customers "the speed and availability you need to innovate faster and build high-performing applications that cater to the needs of nearby end user."
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Follow the Money: Dallas Mavericks Players’ Web3 Startup Raises $26M, Mark Cuban Invests in Sensor Startup, and More

by | Jun 13, 2022
Plus, Fort Worth-based BNSF Railway raises nearly $1B; TPG's The Rise Fund among investors in International Medical University; Fort Worth hydrogen storage solutions startup lands equity investment; McKinney's StatLab Medical Products acquires U.K.-based CellPath; and more North Texas deals.
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DI People: Toyota North America, Six Flags Corp., Logicalis, OncoNano, RAVE Restaurant Group, and More Make Moves
by | Jun 10, 2022
In this week’s roundup of hires, promotions, and accolades in North Texas, you’ll also find news from Catalyze Dallas, Flexport, Oceans Healthcare, Costar Technologies, TXOne Networks, North Texas Food Bank, Holt Lunsford Commercial, and others.
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New Officers, Board Members Drive the Advocacy of Directorship at NACD North Texas
by | Jun 10, 2022
The nonprofit's new officers and board members will carry forward the local NACD chapter's mission: promoting corporate governance and standards of excellence to elevate board performance across the region. After a year that saw its virtual programs return to "cutting-edge" live events, NACD North Texas' talent-rich new lineup is taking the torch and looking ahead.
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GAF Is Building Its First Shingle Recycling Facility in North Texas
by | Jun 9, 2022
Environmental disasters like Dallas' former "Shingle Mountain" may one day be a thing of the past, thanks to new recycling technology from GAF. The company is building its first commercial-scale shingle recycling facility in Corsicana, in an effort to divert the 90% of asphalt shingle waste that it says goes directly into landfills.

“In Texas, you’re in a hail belt, so roofs don’t reach their life expectancy for asphalt shingles," GAF CEO Jim Schnepper told Dallas Innovates. "So they get torn off and they get put into the dump at a rate that's shocking."
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