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Red Oak
New DataBank CFO Ben Lowe, left, takes over finance from Kevin Ooley, center, who becomes CEO in 2027. Current CEO Raul Martynek, right, will become executive chairman. [Photos: DataBank, Dallas Innovates files]
Dallas’ DataBank Hires New CFO as Part of Leadership Transition
by Sandra Engelland | Sep 24, 2026
Ben Lowe succeeds President and CFO Kevin Ooley, who will transition to CEO in 2027. That’s when current CEO Raul Martynek will become executive chairman.
by David Seeley |
Jun 16, 2026
The news follows DataBank's announcement in April that it had secured a $2 billion loan for construction of the first three of eight planned data centers at its campus in Red Oak, south of Dallas.
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by David Seeley |
Apr 21, 2026
According to a Business Insider report, Oracle will be the tenant for all three data centers, as well as the fourth one planned at the campus in Red Oak. Tokyo-based MUFG Bank, Ltd. was the administrative agent, coordinating lead arranger, and sole bookrunner on the $2 billion loan.
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by Lance Murray |
Sep 10, 2024
DataBank is building a 480MW data center campus in Red Oak, its third new campus announced in the past 12 months. Construction is underway, with the first phase set to be operational by the second quarter of 2026, aimed at meeting the growing demand from A.I. and cloud applications.
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CJ 4DPLEX and B&B Theatres open largest 270-degree panoramic ScreenX in North America and first multi-sensory 4DX theater in North Texas at the Red Oak 12 multiplex. [Photo: CJ 4DPLEX]
Largest Panoramic ScreenX Auditorium in North America Opens South of Dallas
by David Seeley | Apr 4, 2024
B&B Theatre's Red Oak 12 multiplex in Red Oak has opened two new auditorium experiences with technology by CJ 4DPLEX. One feaures a 270-degree panoramic screen that's 7 stories wide and 4 stories tall. The other offers motion and environmental effects like "vibration, water, wind, snow, lightning, and scents."
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by Lance Murray |
Nov 20, 2023
"PowerCampus Dallas will raise the bar in the North Texas data center market and beyond," Skybox CEO Rob Morris said of the project in Lancaster. It's slated to provide up to 300 megawatts of power supported by a private onsite substation while offering up to one million square feet of data center space.
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by Lance Murray |
Nov 18, 2023
Google announced that six Ellis County organizations collectively will receive more than $180,000 from the company to support the physical and mental well-being of the county’s residents....
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by Lance Murray |
Oct 31, 2023
Libraries have always been engines of growth, enabling self-improvement through free access to information and resources. Now, thanks to Google, libraries in Midlothian and Red Oak are getting high-tech makeovers.
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[image: Virgin Galactic]
Two DFW Companies Named Primary Suppliers for Virgin Galactic Spaceships
by David Seeley | Nov 3, 2022
Fort Worth-based Bell Textron and Red Oak's Qarbon Aerospace will manufacture major subassemblies for Virgin Galactic's next-generation Delta class spaceships. The production-model vehicles are designed to fly weekly with six passengers per ship, with production slated to begin next year.
“Bell and Qarbon Aerospace are established partners who bring know-how, ideas, and resources that will enable us to produce up to six new Delta class ships per year," said Virgin Galactic CEO Michael Colglazier.
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