Plano

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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Frisco and McKinney Rank Among the Top 5 Cities in the U.S. to Rent New Apartments
by | Jan 20, 2023
The report by RentCafe—"Top 50 Cities for Finding New Apartments in 2023"—ranks Frisco and McKinney as the No. 4 and No. 5 cities in the U.S. for finding an apartment that only a limited number of people, or maybe even no people, have lived in before. Two other Dallas suburbs made the list as well: Richardson at No. 25 and Plano at No. 42.
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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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$1.7B Cybersecurity Firm Trellix Appoints New Chief Information Security Officer To Be Based Out of New Plano Office
by | Dec 15, 2022
Trellix is a cybersecurity firm created last January via a merger between McAfee Enterprise and FireEye Security Holdings, leading to a $1.7 billion valuation. The company is opening an 85,000-square-foot office in Plano's Legacy West Urban Village to house the employees and assets of its local operations. Based in San Jose, California, Trellix has 4,500 employees worldwide.
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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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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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Cognizant to Acquire Dallas-Based Consultancy AustinCSI
by | Nov 29, 2022

IT services and consulting company Cognizant announced it has agreed to buy AustinCSI, a Dallas-based digital transformation consultancy specializing in enterprise cloud and data analytics advisory services....

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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....

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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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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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Top stories on DAllas Innovates for Earth Day
Report: Dallas, Plano Among Top U.S. Cities for Foreign Business Investment
by | Oct 14, 2022
In the inaugural 'Investing in America' report from the Financial Times and Nikkei, Dallas ranks No. 6 overall, and Plano ranks No. 13. Irving shines strongly in the report, too, ranking highly on several key data points. And looking only at workforce and talent, Plano comes in at No. 1 in the entire country. The report is timely: Just two weeks ago, EDC leaders from across North Texas were part of a TxEDC trade mission to London, Paris, and Frankfurt, Germany.
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