Dallas

[Image: Jess Rodriguez/Shutterstock]

Irving’s Voz Media Acquires Mega TV from Spanish Broadcasting System for $64M

by | Feb 13, 2023

Las Colinas-headquartered Voz Media has bought the Mega TV business from Miami-based Spanish Broadcasting System Inc. for $64 million.

Voz Media, a conservative Spanish-language news startup, was founded in 2022 to serve the “growing and increasingly influential Hispanic community” in the United States. The brand delivers daily news content and plans to produce family viewing content — documentaries, movies, and sitcoms — on its streaming platform in the coming months. ...

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Report: ‘Rich Renter’ Households in DFW Up as Much as 198% in Five Years
by | Feb 3, 2023
RentCafe said that while the number of high-income renters in Dallas rose by 74% and sits at 6% of the city's total renters between 2015 and 2020—peaking at 17,257— he number of high-income renters rose even more dramatically in other North Texas cities. Garland saw a rise of 198%, McKinney 186%, Plano 103%, and Frisco 93%. High-income renters in Frisco may look into places like the luxury Remy apartments (above), coming to Frisco Square in 2024.
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Ledsion Lighting Makes Quick Move Establishing U.S. Headquarters in Lake Highlands
by | Feb 1, 2023

China-based commercial and outdoor lighting manufacturer Ledsion Lighting has rapidly established a U.S. headquarters and regional distribution center in the Lake Highlands area of northeast Dallas, leasing 25,730 square feet of office/warehouse space to facilitate a quick move.

“We met our client’s relocation deadline despite the limited options in the market,” Joe Santaularia, senior vice president and managing partner of Dallas-based Bradford Commercial Real Estate Services, said in a statement....

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Annual EarthX E-Capital Summit on Tap for April at Fair Park in Dallas
by | Jan 30, 2023
EarthX is seeking innovators and investors to participate in its 2023 EarthX E-Capital Summit April 19-22 at Fair Park in Dallas. At the summit, early-stage climate tech companies will be able to make pitches for a chance at a cash prize. There will also be discussions on investment and industry trends by leading industry professionals, investors, startups, and policymakers, EarthX said, along with curated and self-selected one-on-one networking meetings between investors, dealmakers, and innovators.
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[Image: alphaspirit/istockphoto]

AT&T and BlackRock Partner to Launch Gigapower Joint Venture, Bring Open-Access Fiber Network to U.S. Markets

by | Dec 24, 2022
The wholesale fiber services provider, Gigapower LLC, will be led by CEO Bill Hogg.

AT&T will be a joint owner and anchor wholesale tenant. As a commercial open-access platform, Gigapower will allow multiple ISPs and companies to rent or lease its fiber network on a wholesale basis.
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North Texas Commercial Real Estate Hall of Fame To Induct 2 Visionaries in 2023
by | Dec 9, 2022

The North Texas Commercial Real Estate Hall of Fame will welcome two visionaries in 2023, Ray W. Washburne, president of Highland Park Village, and Rex Glendenning, founder and owner of Rex Real Estate.

Former Fort Worth Mayor Betsy Price will receive the Industry Service Award for her contributions advancing the commercial real estate industry through her efforts in economic development, mobility, infrastructure and private-public partnerships....

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Call For Developers To Build Around DART Stations Closing Soon
by | Nov 16, 2022
Six Dallas Area Rapid Transit (DART) stations were deemed by the city to be underutilized and prime spots for development of mixed-income housing, including five locations south of Interstate 30.

Developers have until Friday, Dec. 16, to submit their proposals.
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New Workshops Help Plano ISD Parents Learn to Save for Success
by | Oct 25, 2022
Plano ISD partners with Capital One for the Savings Success program to take some of the myths out of money and turn them into financial facts.
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[Photo: The Foundry District]

Asana Partners Acquires Fort Worth’s Foundry District from M2G Ventures

by | Sep 26, 2022
Asana Partners shares M2G Venture's vision for innovative adaptive reuse projects, the developer says, making it "the ideal ownership group to continue the Foundry’s trajectory as a North Texas icon."
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Meet the Inaugural Board of Directors of the Dallas Economic Development Corporation
by | Aug 24, 2022
The newly created Dallas Economic Development Corporation is a nonprofit aimed at attracting new businesses to the city, while supporting economic and workforce development. Formed with the help of $7 million in federal money from the American Rescue Plan Act, the Dallas EDC now has its first board of directors, after receiving approval from the Dallas City Council. “The corporation will play an integral part in growing the Dallas business community, and we need passionate and qualified people at the helm,” said Councilmember Tennell Atkins, chairman of the city’s Economic Development Committee.
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Dallas-Based Nada Closes $8.1M Seed Round to Make Real Estate Investments More Accessible to All
by | Jul 27, 2022
Nada's Cityfunds enable people to invest in single-family rental homes and fractionally invest in owner-occupied homes in Dallas, Austin, and Miami. With the new funding, Nada plans to expand Cityfunds to six new cities, grow its Oak Lawn-based staff to around 60, and develop a home equity-accessing debit card.

“We fundamentally believe that we can make a material difference to people's lives by making real estate as an asset more accessible,” co-founder and CEO John Green told Dallas Innovates.
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Dallas Startup TestFit Lands $20M for AI-powered Building Configurator Technology
by | Jul 26, 2022
Co-Founder Clifton Harness says TestFit is the first company to connect pro forma, construction cost, and asset design through building configurator software. The technology allows companies to "de-risk decisions" and log critical time savings when they develop new real estate. The funding will help the startup expand its R&D, quadruple its product and engineering teams, and build a new HQ.

“With TestFit, we see a disruptor driving a paradigm shift in the real estate industry,” said Gregg Hill, co-founder and managing partner at Parkway Venture Capital, which led the funding round.
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[Source image: istockphoto]

Report: Dallas Among the Best Places in the U.S. for ‘Wellness Workcations’

by | Jul 11, 2022
Many people have begun to work remotely while they travel—whether they're discovering America or exploring the world. Icelandair calls that a “wellness workcation,” and it's released a list of the best destinations in the U.S. to take one. It placed Dallas at No. 7 on the list—making it the only Texas city to appear in the Top 10.
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Dallas Startup Quiltt Emerges from Stealth to Help Businesses Build Their Fintech Infrastructure
by | Jul 11, 2022
Quiltt, a low-code financial tech platform that "lowers technical barriers for innovators," announced its beta launch for other startups and small businesses. The company closed a $4 million seed funding round earlier this year. “Quiltt's vision is to make fintech development more accessible so that more growing businesses and startups can create seamless experiences for their customers,” says Ruben Izmailyan, Quiltt co-founder and CEO.
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CompTIA: Despite Tech Job Postings Declining, Metro Dallas Holds Onto Its No. 3 Spot
by | Jul 8, 2022
Despite turmoil in the markets and layoffs making headlines, the tech job market remains relatively strong in Dallas, according to a new report.

Across the country, technology companies added 20,300 net new workers in June, marking the 19th consecutive month of growth, according to nonprofit CompTIA’s latest Tech Jobs Report. And among metros, Dallas ranks among the top three for new job postings, though the number of new jobs added month-over-month has declined.
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U.K. Report: Dallas Is One of the World’s 10 Most Resilient Cities
by | Jul 6, 2022
The 2022 London-based Savills Resilient Cities Index ranks 500 global cities. The Dallas region jumped up 11 spots on the list since 2016, thanks to its many assets and its recovery from the worst of the pandemic. Dallas' highest ranking on the list is in real estate investment, where it placed No. 3, behind only Los Angeles and New York City.
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