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Dallas Business Journal
Dallas EDC officially names CEO
Linda McMahon, the outgoing CEO and president of The Real Estate Council, is officially the first CEO of the Dallas Economic Development Corp. The board of the newly created nonprofit organization unanimously approved her appointment during a May 7...
Popular ramen spot to open third location in Frisco retail hot spot
A lively and ambient ramen spot is soon opening a third location in Frisco in place of a former Raising Cane’s. It aims to hold a grand opening on May 31. Wabi House, a Japanese-style restaurant and bar, will be located at 3675 Gaylord Parkway, suite...
Dallas cocktail bar making return 'flight' in East Dallas
This story is available as part of a content partnership with WFAA-TV. For more of the latest local news, visit WFAA.com. Popular Deep Ellum cocktail bar Black Swan Saloon is preparing to make its return flight – this time in East Dallas. Gabe Sanchez,...
New restaurants coming to The Star, a major retail magnet
A handful of new eateries are on their way to The Star in Frisco as standout developments in this part of Collin County continue to attract high-profile retail and restaurant tenants. A restaurant and Japanese bar, Wabi House, is slated to open at The...
When Major League Cricket will compete in DFW this year
This story is available as part of a content partnership with WFAA-TV. For more of the latest local news, visit WFAA.com. Cognizant Major League Cricket (MLC) announced its 2024 season schedule on Tuesday, which will have an extra six league matches...
4-building office park near Six Flags auctioned off in foreclosure
A four-building business park in Arlington known as Centerpoint was sold back to the lender May 7 during a foreclosure auction on the Tarrant County Courthouse steps. Pinnacle Bank Texas bought back the office park for $30 million with a credit bid...
Tax breaks could aid renovations at southern Dallas TV studio
Prominent developer Matthews Southwest Inc. and a private equity firm aim to leverage state incentives for renovations of a southern Dallas television studio. Located at 2901 Botham Jean Blvd., South Side Studios is a two-building production facility...
Former Dallas Fed CEO rejoins Goldman Sachs
Robert Kaplan, the former president and CEO of the Federal Reserve Bank of Dallas, is seeing his career come full circle as he gets set to rejoin Goldman Sachs Group Inc. The New York-based financial giant announced May 7 that Kaplan will take on the...
Fort Worth's tallest tower sells at foreclosure auction
Fort Worth's tallest tower, Burnett Plaza, was purchased May 7 at a foreclosure auction by the lender that said the previous owner defaulted on its debt. Pinnacle Bank Texas bought back the 40-story building with a roughly $12.3 million credit bid in...
Retailer closing hundreds of stores after bankruptcy
Welcome to The National Observer, a roundup of top business news and actionable insights from across The Business Journals. We'll take a look today at Walmart's decision to close down its health clinic business, how small businesses are rethinking real...
Cotton Bowl interest likely comes from new women's soccer team
The pro sports team interested in playing at the Cotton Bowl appears to be a new women's soccer team. Dallas is set to be home to a team in the forthcoming USL Super League, with a website already up and running. The web page doesn't make any mention...
Buc-ee's may expand into another state
Buc-ee's, the Texas-based chain of travel centers with a huge fan following, is reportedly interested in its first Kansas site. The company submitted a proposal for a site at the northeast corner of 110th Street and Interstate 70 in Kansas City, Kansas,...
Trammell Crow looks to build another tower in Pacific Northwest
The city of Seattle Department of Construction and Inspections on May 6 published the director's decision granting conditional design approval for an 11-story office tower planned by a Dallas-based company. Trammell Crow Co. is behind the plan but the...
Memorial unveiled at outdoor mall for shooting victims
This story is available as part of a content partnership with WFAA-TV. For more of the latest local news, visit WFAA.com. An 11-foot tall memorial in honor of the Allen mass shooting victims is now on display, one year after the shooting happened. A...
More towers could rise along busy Dallas street
While a big-name development group gets going on building three soaring towers along Knox Street, plans for another towering project just south of the popular block are finally moving forward. Hines and property owner Stockdale Investment Group LLC...
100+ acquisitions later, this DFW company follows simple strategy
Fort Worth-based Higginbotham is continuing to make waves as it moves to scoop up other firms across Texas and the South this year. The independent insurance, financial and human resources company on May 6 announced its fifth acquisition this year....
Unicorn watch in DFW: These companies are worth billions
Island Technology Ltd. provided a bright moment for the venture capital scene in Dallas-Fort Worth when the company announced April 30 it raised a $175 million series D funding round. Dallas-based Island's latest funding represented the first so-called...
Voters back tax for convention center expansion
Fort Worth voters approved an increase to the city’s hotel occupancy tax, the tax hotels collect when a guest stays in a room, by two percentage points in the May 4 election. The increase adds funds local officials and business leaders consider essential...
Job postings are sliding overall, but not for these high-demand roles
At a time when job postings have declined 28% from a pandemic-era high in 2021, certain positions — including multiple skilled trades — are in high demand. That’s according to recently released data from global job-search engine Indeed. Indeed's...
Dallas-based hospital system files for bankruptcy
Dallas-based Steward Health Care System LLC has filed for Chapter 11 bankruptcy protection. The for-profit, physician-owned system — and 166 of its affiliated debtors — filed May 6 in the U.S. Bankruptcy Court for the Southern District of Texas....
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