Downtown Fort Worth parking lots surrounded by huge projects change hands - Dallas news - NewsLocker (2024)

The lots in the southeast part of downtown Fort Worth are surrounded by some of the city's biggest real estate projects, including a new campus for Texas A&M and an expansion of the convention center. Read more about the strategy of the new owner and

National Cricket League to host major tournament at UT Dallas

The tournament will bring six teams of international stars to the UT Dallas campus this fall. The school's leader says it just makes sense, as many members of the UT Dallas community play and follow the game.

Dr. Phil's Merit Street Media cuts jobs in Fort Worth

The TV production company of Phil McGraw, aka Dr. Phil, is downsizing less than a year after it announced its move to Fort Worth. Merit Street Media says a "summer hiatus" for one of its shows is to blame.

New Dallas incentives attract HQ move

The economic development policy allows certain incentives to be approved via administration action including a recently awarded up to $350,000 grant for California company Koya Medical Inc.

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Whataburger CEO relishes chance to return to this part of Florida

Whataburger CEO Ed Nelson was recently in Tampa to announce the company's expansion to the Florida city. The company hasn't signed any leases yet but it's on the lookout — read this story to read more about the Texas-based chain's plans and to get Nelson's thoughts on its value proposition.

Exxon Mobil laying off employees at former Pioneer Natural Resources HQ

Exxon Mobil is laying off dozens of employees in North and West Texas a few months after buying Pioneer Natural Resources. Read on to learn more about the decision and what it means for Dallas-Fort Worth.

H-E-B-anchored mixed-use development coming to Allen

A 60-acre mixed-use project in Allen anchored by an H-E-B is slated to kick off construction later this year. Project costs, scale, the timetable and other aspects are sketched out in new filings with the state and city documents. Read on for more on this project that will add hundreds of thousands of dollars in new construction investment.

High-profile Turtle Creek mansion to host esteemed Kips Bay Decorator Show House

Despite its bucolic location and alluring facade, a lot has happened behind the scenes at this estate on Turtle Creek Boulevard, including a yearslong ownership dispute. But now, it's set to host the Kips Bay Decorator Show House, referred to as the "Super Bowl for design lovers."

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Fast-growing Cariloop, fresh off raising capital, taps CFO

Cariloop, fresh off closing a $20 million funding round in April, has elevated one of its executives to a new role as chief financial officer. Read on to learn more about the change.

Two-time JCPenney CEO Mike Ullman dies

Mike Ullman died at age 77. Reaction has poured in from the likes of Howard Schultz, former CEO of Starbucks.

New Thai restaurant coming to downtown Arlington

A Thai restaurant that got its start in Mansfield is expanding to downtown Arlington — but that's just the start of its expansion plans. Learn about the new location of Blue Mint Thai in this story.

Dallas $5B proposed budget comes with property tax rate cut

The proposed 2024-25 City of Dallas budget includes a 3.1-cent cut to the property tax rate, as well as more funding for public safety and a new environmental fee for city utility customers. City leaders will hold town hall meetings about the budget in the coming weeks before the plan goes before Dallas City Council.

New investments put WNBA's Dallas Wings at league-high valuation

New investors — including a Fort Worth businessman — have bought into the Wings at a potential league-leading valuation. It represents a significant spike from the team's value just a few months ago.

'That's the goal': Mark Cuban reaffirms Mavs' commitment to stay in Dallas

The Mavericks' lease at the American Airlines Center expires in 2031 and Mark Cuban has his eyes on a new arena, possibly anchoring a casino resort. While there has been a lot of speculation on where a project could be located, the famed billionaire reaffirmed his desire for it to be within the Dallas city limits. Read on to learn more about what Cuban had to say at a recent sports business event.

HQ drawn to Mansfield by nascent film industry

Fort Worth has been on a movie and TV hot streak, with roles in big productions like "Yellowstone" and "1883." Read on to check out why one DFW company has selected a new headquarters site about 20 miles south of Fort Worth.

With Mavericks TV deal facing uncertain future, could Stars streaming partnership be in works?

As the Dallas Mavericks wait to hear the fate of their regional sports network, the team could consider partnering with the Dallas Stars on their newly announced streaming platform, Mark Cuban suggested.

Dallas investment firm, giant Irving asset manager report new capital

A Dallas-based investment firm led by a entrepreneur and an Irving-based financial giant that underwent a recent leadership change both raised capital recently. Check out Form D Friday, DBJ's weekly roundup of securities paperwork, to learn more.

New route for high-speed train in Dallas receives additional funding to move forward

The Regional Transportation Council approved additional funding to study the alternative route.

Fort Worth considers buying downtown building for new library

If Fort Worth City Council approves the purchase, the new downtown library would be walking distance from the last one. Read more about the deal in this story and find out what's slated to replace the old library.

Big investments in downtown Midlothian attract restaurateur to abandoned warehouse

El Primo's owner Todd Tonore said he picked the new location because of the growth coursing through this region on the south side of the Metroplex: "DFW is growing south."

BuzzBallz CEO donates record-setting $30M to Texas Woman's University

The $30 million donation will go toward Texas Woman's University College of Business, an endowed chair and an entrepreneur-in-residence program. In addition, this money will help expedite the construction plans for a new building — all of which will have her name attached to them.

3 things we learned about Dude Perfect in new ESPN doc, including theme park HQ update

Frisco-based Dude Perfect is featured in the latest documentary in the "30 for 30" series from ESPN Films. Here are three things we learned about the fast-growing local company after watching the film, including an update on the Dudes' headquarter plans and the stories behind their most challenging moments.

H-E-B picks site for third value-focused grocery store in DFW

This summer, H-E-B opened its first Dallas location of Joe V's. A second has started construction. Now, DBJ has learned that a third store is in the works, and this one is in a new city just outside Dallas. Read more about the real estate and the grocer's overall strategy in this story.

After years with upper hand, sellers see advantages fizzle in DFW housing market

As prices fall and inventory increases in DFW, housing is becoming less of a seller's market and veering toward more of a buyer's market. Inventory is up more than 60% in Dallas County, and most surrounding counties experienced similar upticks. Dig into home sales, prices and more in this broad look at market conditions. Plus, DBJ subscribers can access data-packed lists of homebuilders, brokerages, lenders and new neighborhoods in North Texas.

StoryBuilt could be locked in receivership for years

Attempts to sell off StoryBuilt’s development pipeline started in October, and according to the receiver’s latest report, the bulk of that pipeline still needs to be offloaded. The company's path to prosperity could last years.

Taylor Morrison offers hands-on experience to set up the future of the construction industry

With 40 percent of construction workers expected to retire by 2031, the industry is looking to populate its workforce with a new generation of employees.

DFW Restaurant Week: Here's how you can support local restaurants and charities

Over 100 North Texas restaurants participate, offering special brunch, lunch and dinner specials at fixed prices.

Gondolas in Dallas? North Texas cities consider going high in traffic fight

City officials are hopeful the gondola-like cars will alleviate traffic on the roads, especially when the region’s population is likely to spike. By 2050, North Texas is expected to eclipse 12 million people — current population estimates put the area at around 8.4 million. Planners say this growth would further strain the area's highway and roadway system.

Cotton candy bacon, hot chicken pancake balls, salami dogs: State Fair of Texas food in running for recognition

The Big Tex Choice Awards finalists for the 2024 State Fair of Texas include Hot Chick-in-Pancake Poppers, Texas Fried Burnt End Bombs, Rousso’s Cotton Candy Bacon on a Stick and more. Learn more about the awards, which offer a chance for local restaurateurs to flex their creativity, in this story.

Trina Solar secures $235M loan for Wilmer factory

Trina Solar has secured financing for the big factory it plans to establish in southern Dallas County. The loan was secured by a British bank that said the deal was one of the first of its kind.