Plano

First Look: NexPoint Unveils Plans for Massive TxS Life Sciences District in Plano

by | Feb 7, 2023
Dallas-based alternative investment firm NexPoint has revealed details and renderings of its planned 200-acre TxS District, short for "Technology x Science." Centered on the former headquarters campus of EDS in Plano's Legacy development, the life sciences hub could eventually offer over 4 million square feet of lab, office, and therapeutic production space. "Not only would this project be a major economic catalyst for the region, but it would also establish North Texas as a leader in life sciences," says James Dondero, NexPoint founder and principal.
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Alkami Technology Launches ‘Fisionairies’ Podcast Aimed at Financial Institutions
by | Feb 3, 2023

Plano-based Alkami Technology Inc. announced the launch of a podcast series, FIsionaries, to provide regional and community banks and credit unions with insights, tips, and strategy to elevate their digital banking game....

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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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DMN: Dallas’ NexPoint Eyes Potential $3.6B Investment to Create a Plano Life Sciences Hub
Dallas-based NexPoint Development is in early talks with the city of Plano to transform a 1.6 million-square-foot former EDS campus and adjacent land into a life sciences hub, according to the Dallas Morning News. The alternative investment firm would aim to invest $3.6 billion in the redevelopment project—called Technology x Science, or the TxS District for short—and partner with the city through its economic development incentive programs, according to the report.
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Improving Acquires Frisco Software Developer, Consulting Firm Zigatta

by | Jan 19, 2023
Plano-based IT services firm Improving said the deal is expected to increase its annualized revenue exceeding $275 million and will further its geographic reach throughout the U.S. and Latin America. In addition to its Plano HQ, Zigatta has offices in Guadalajara, Mexico.
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Former SMU in Plano Campus Will Be Repurposed as the Elevar Creative Office and Tech Hub
The former "SMU in Plano" campus, a four-building, 16-acre site at at 5228 Tennyson Parkway, is being renovated into a creative office and tech hub called Elevar, the Dallas Morning News reports.
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Fortress Solutions Names New Chief Executive Officer
by | Dec 23, 2022

Plano-based Fortress Solutions has appointed John Shelnutt as its chief executive officer, replacing Brendon Mills, who resigned to pursue other opportunities.

Fortress Solutions is a global provider of critical infrastructure management and support services for telecommunications carriers, wireless networks, electronic vehicle charging stations, and IoT devices.

“Fortress has an incredibly deep bench of talent that has gained the respect of the largest telecom companies in the world and other providers of critical infrastructure for many years,“ Shelnutt said in a statement....

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RKD Group Adds Senior Vice President of Strategic Growth
by | Dec 16, 2022

Lori Read has joined Plano-based RKD Group, the leading fundraising and marketing solutions provider to nonprofits in North America, as senior vice president of strategic growth.

“Lori is a dynamic force in our industry,” CEO Tim Kersten said in a statement. “We’re excited to welcome her to RKD and anticipate our strong continued growth trajectory through her strategic leadership.”...

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Toyota, Oncor Collaboration Will Put a Charge in Vehicle-to-Grid Research

by | Dec 15, 2022
The companies will collaborate on a pilot project on vehicle-to-grid technology, which allows vehicles to flow energy from their battery packs to the electric grid. "We envision a future where Toyota BEVs provide a best-in-class mobility experience, but also can be utilized by our customer to power their homes, their communities, or even power back the electric grid in times of need," said Toyota's Christopher Yang.
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NTT Data Innovation Index: 93% of Execs Think AI Will Be in Common Use Within 2 Years
by | Dec 13, 2022
The Plano-based digital business and IT services giant's research shows that businesses are focused on growing and increasing profitability. The economic climate may reduce short-term investments, but long-term trends are sustainable. Keeping up with the evolving market is key: “Digital transformation is a continuous journey, not a one-and-done investment,” says NTT Data Chief Digital Officer Tanvir Khan.
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Innovative Educator and CCBA Leadership Award Winner Michael Sorrell Has a Simple Request: ‘Please Say Yes’
by | Dec 9, 2022
Paul Quinn College President Michael Sorrell has a vision for a global network of Urban Work Colleges that take aim at intergenerational poverty and "smash it." The first one opened in Plano in 2018.

Accepting a leadership award from the Collin County Business Alliance, Sorrell asked his staff and students to stand up. Why? Because "they're going to come see you and talk to you about hiring students to work at your companies," Sorrell told the audience filled with local business leaders. "And I want everyone to practice this with me: 'Yes.'
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CG Infinity Taps Veteran Executive as SVP of Data, Cloud
by | Dec 6, 2022

Plano-based CG Infinity announced the hiring of Louis Mangiacapra as senior vice president of data and cloud, accelerating its customers’ digital transformation and customer-centric initiatives.

Mangiacapra is an experienced technology leader with more than 15 years of experience focused on building, managing, and deploying enterprise-class data and analytics platforms, the company said....

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BGSF Appoints Chief Digital Officer to Leadership Team

by | Nov 28, 2022

BGSF Inc., a Plano-based national provider of consulting, managed services, and workforce solutions, announced that Melissa Phillips has been appointed to the new strategic role of chief digital officer on the company’s executive leadership team.

“We plan to leverage Melissa’s expertise to build on our technology platform by championing digital transformations via the launch of innovative, mobile-first solutions,” Beth A....

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South Korean EV Charging Company Picks Plano for Its First U.S. Manufacturing Facility
by | Nov 15, 2022
Seoul-based SK Signet said its new Plano facility will produce a range of fast-charging solutions, including providing the first U.S.-manufactured ultra-fast chargers and power cabinets that offer more than 350kW of power. Expected to reach full capacity by July 2023, the facility will bring up to 183 highly skilled jobs and produce more than 10,000 fast chargers per year.
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Ericsson Sets Data Speed Record of Over 1Gbps During 5G Indoor Trial
by | Nov 7, 2022
Ericsson said the trial was conducted over a live Citizen's Broadband Radio Service network at its North America HQ in Plano. Now, with the ability to get 5G gigabit speeds indoors along with advanced capabilities, Ericsson says enterprises can feel confident in deploying Private 5G networks.

"We're excited to continue pushing the envelope of what is possible with 5G," Ericsson's Paul Challoner said.
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Southfork Ranch Is Acquired by Centurion American Development Group, Which Plans New Homes on the Site
by | Oct 25, 2022
Centurion plans to build "larger residential lots" on the ranch where J.R., Sue Ellen, and Bobby of the hit TV series "Dallas" once roamed. But it will preserve the show's landmark mansion, the company said. “Southfork Ranch is one of the most important and beloved parcels of land in the metroplex with more than 400,000 visitors each year, and we’re proud to lead the team bringing it into its next evolution," said Centurion CEO Mehrdad Moayedi.
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