We’re in the process of improving our website to better serve the needs of our business news audience. Beginning today, this blog no longer will be maintained. We’re moving all of our breaking news, enterprise reporting and business commentary to dallasnews.com/business. If you’ve bookmarked this blog, please change to the new URL so you won’t miss out on the region’s most comprehensive coverage of the Dallas-Fort Worth business … [visit site to read more] Read More...
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Tuesday, 28 June 2016
Uptown’s landmark Crescent complex shows off $33 million with landscaping and outdoor dining
The Crescent celebrates its 30th anniversary this year with … [visit site to read more] Read More...
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Monday, 27 June 2016
Knox Street district apartment and retail project on track for opening in early 2017
High Street Residential’s Knox Heights project opens in early 2017. (Trammell Crow Co.) High Street … [visit site to read more] Read More...
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New downtown Dallas apartment conversion includes bright atrium and roof pool
HRI Properties has cut a 9-story atrium in the center of the Mayflower Building on Akard … [visit site to read more] Read More...
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Friday, 24 June 2016
Crescent Real Estate CEO John Goff launches fund to buy $4 billion in property
John Goff, CEO of Crescent Real Estate Holdings has formed a new … [visit site to read more]
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Thursday, 23 June 2016
North Dallas apartment tower complex sold to local investor
Midpark Towers opened in 1978. (Greysteel) A North Dallas high-rise apartment complex has been sold for the first time in almost 40 years. The … [visit site to read more] Read More...
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Wednesday, 22 June 2016
Dallas skyline shows big divide between Uptown and downtown buildings
JLL’s annual “Skyline” report shows conditions in major office towers. (JLL) Despite a surge in … [visit site to read more] Read More...
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East meets west in 2017 Fiat 124 Spyder
The 2017 Fiat 124 Spider that I’m driving this week is sort of a bowl of spaghetti and sushi. Italian automaker Fiat took a Mazda Miata, changed or modified most of the body panels, tweaked the suspension and bolted in a turbocharged 1.4-liter Fiat four … [visit site to read more] Read More...
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Two tollway office towers snapped up by Boston-based property investor
The Tollway Towers in Far North Dallas were built in 1986 and substantially remodeled in 2007. … [visit site to read more] Read More...
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Tuesday, 21 June 2016
Crescent complex to unveil $33 million makeover next week
The 30-year-old Crescent complex just got a $33 million makeover. After more than a year of construction, Uptown’s … [visit site to read more]
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Former adviser for Dallas-based RGT accused of swindling pro athletes out of $33 million
The assets of the California-based investment adviser … [visit site to read more] Read More...
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Most youth sports have seen decline in participation since 2008, and cost plays a part
Youth … [visit site to read more] Read More...
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Dean Foods completes purchase of ice cream maker Friendly's
A look at Friendly’s Cherry Chocolate Chunk Sundae ice cream … [visit site to read more] Read More...
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Monday, 20 June 2016
Finland's KONE elevator firm opens new Allen campus
KONE’s new Allen offices and test facilities will house about 80 people. (KONE) KONE, the international elevator … [visit site to read more]
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Six Flags meeting with Saudi prince sparks word of possible Saudi park
Photo Courtesy: Six Flags Entertainment Corp. Will Six Flags’ ambition to plant more flags outside of North … [visit site to read more] Read More...
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Friday, 17 June 2016
Dallas TV star Richard Rawlings will open restaurant deep in heart of Texas
Dallas cable TV star Richard Rawlings will add to his growing Gas Monkey empire with a new restaurant that opens in Harker Heights this summer. The restaurant near Fort Hood, called Richard Rawlings’ Garage, will specialize in … [visit site to read more] Read More...
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New apartment block opening in the West End has awesome views from rooftop pool
Fairfield Residential’s 555 Ross Avenue apartment block in downtown Dallas has a rooftop pool. (Steve … [visit site to read more] Read More...
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New York investor eyes Victory Park tower up for sale
The One Victory Park office building opened in 2008. (DMN files) A New York investor is eyeing a high-profile Dallas office … [visit site to read more]
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Thursday, 16 June 2016
Perot’s high-rise project will be the first office tower along Dallas’ Turtle Creek since the 1980s
Architect Pickard Chilton designed the 17-story Hillwood Urban office project. (Hillwood) Read More...
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Grand Prairie industrial park sold to Chicago-based investor
The 42-acre RiverPoint Commerce Center has more than 600,000 square feet. (Stream … [visit site to read more] Read More...
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Father’s Day ranks in spending tables, but not so high
Hallmark card for new Dads. The inside says, “Not at all surprising, by the way. Enjoy your first Father’s … [visit site to read more] Read More...
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Wednesday, 15 June 2016
So long, walkie-talkies: The Container Store rolls out voice-activated wearables at all stores
Employees at The Container Store are now … [visit site to read more]
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Tesla will open a display at Nordstrom in L.A.
Tesla Model X Trendy Tesla Motors, always looking for different ways to market its pricey electric vehicles, will open a gallery this Saturday at a Nordstrom’s in … [visit site to read more] Read More...
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New apartment tower east of downtown Dallas will include Tom Thumb grocery store
The apartment tower and grocery store will be in the City … [visit site to read more] Read More...
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Hauling bags with the Chrysler Pacifica
OK, so it’s not a Ferrari or Porsche. But the 2017 Chrysler Pacifica Touring does seek to revitalize the stagnant minivan segment with improved styling, a better interior and lots of tech features. Plus, it drives pretty nicely, thanks to … [visit site to read more] Read More...
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Tuesday, 14 June 2016
Apartment builder JLB Partners moving ahead with next phase of CityLine project in Richardson
JLB Partners has built two large apartment blocks at CityLine and is about to start a third. … [visit site to read more] Read More...
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Google Fiber's high-speed Internet may come to Dallas, company executive says
With its announcement today, Google Fiber has added Dallas to the list of possible locations for expansion. Google Fiber announced today that … [visit site to read more]
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Luxury retailer Neiman Marcus reports decline in both sales and profit
Downtown Dallas Neiman Marcus store in December 2015. (DMN staff photo) … [visit site to read more] Read More...
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Monday, 13 June 2016
Former Frito-Lay chief Roger Enrico remembered as a 'giant' among Dallas business leaders
Under stained-glass windows and crown-shaped chandeliers, a full house packed Christ The King Catholic Church Monday to say farewell to Dallas businessman Roger Enrico. The one-time head of Plano-based Frito-Lay and later … [visit site to read more] Read More...
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Houston-based Perry Homes is making a big play in D-FW with the purchase of Felder Homes' North Texas operations
Scott Felder Homes expanded in North Texas last year with land in more than a dozen … [visit site to read more] Read More...
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Friday, 10 June 2016
Republicans Really Are Losers
Republicans really are losers. Yeah, I know there are a few exceptions, but those exceptions are rarer than photos of Miley Cyrus in clothes. Case in point: We have the Speaker of the House, the Majority Leader in the Senate and other outraged so-called leaders of the Party who are having absolute meltdowns about a clumsy tongue-lashing Donald Trump offered to a judge overseeing an ongoing class action lawsuit over Trump University, a real estate investing seminar program that has since ceased operation. The Speaker and Majority Leader’s embarrassing meltdowns were only outdone by Sen. Lindsey Graham (R-SC) and Mark Kirk, R-Ill), both of whom were only the most irrational comments of the many irrational comments made by “real” Republicans. These Republicans have never attacked Democrats like this. Ever. Let’s stipulate that Trump went a definition too far. And what he did say obscured the larger point he was trying to make; the judge in question is a member of several La Raza affiliates Read More...
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Reports: AT&T, Quicken Loans founder each bid $5B for Yahoo and its patents
Yahoo’s headquarters in Sunnyvale, Calif. (AP Photo/Marcio Jose Sanchez, … [visit site to read more] Read More...
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Southwest: Expect flight delays following shooting at Dallas' Love Field
Click here for the latest version of this … [visit site to read more] Read More...
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Pop the bubble question to housing analysts this week and it's hard to get a 'yes'
The jump in home prices in many markets isn’t causing analysts to panic. (AP) With … [visit site to read more]
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Thursday, 9 June 2016
Check that off the list: J.C. Penney details its new debt
The entrance to J.C. Penney store … [visit site to read more] Read More...
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Thousands of Lexuses awaiting reboot
Many late-model Lexus vehicles could not get naviation or infotainment on … [visit site to read more]
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Wells Fargo shops multiple Dallas towers for potential office move
Well Fargo is one of the largest tenants in downtown Dallas’ Fountain Place. (DMN File … [visit site to read more] Read More...
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Wednesday, 8 June 2016
North Texas home sales up 10 percent in May from 2015
North Texas real estate agents sold 9,978 preowned homes through their multiple listing service in May. (File … [visit site to read more] Read More...
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Capital market pullback may take bite out of our real estate boom
North Texas’ real estate boom runs of billions of dollars of … [visit site to read more] Read More...
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Tuesday, 7 June 2016
Dallas-area home prices up 9.3 percent in April says CoreLogic
Nationwide home prices rose 6.2 percent in April from a year earlier. (Steve Brown/Staff) Dallas-area … [visit site to read more] Read More...
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Victory Park apartment tower hits the sale market
The Cirque apartment tower is located next to the American Airlines Center. (DMN … [visit site to read more]
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Sneak a peek at redo concepts for Dallas' Southwest Center mall
Concept plans for the Southwest Center … [visit site to read more] Read More...
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Monday, 6 June 2016
Fast-growing Health Wildcatters firm moving its downtown Dallas office
Health Wildcatters is moving to the 1910 Pacific building in downtown Dallas. (DMN files) A … [visit site to read more] Read More...
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Friday, 3 June 2016
Toyota Connected's CEO wants to hook up, 'do some amazing things' with your car's data
Zack Hicks (Photo courtesy of Toyota) If … [visit site to read more] Read More...
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Chili's teams with Postmates in Dallas area for meal delivery test
Dallas-based Chili’s Grill & Bar is teaming up with the Postmates service beginning Saturday to test delivery of individual food orders. The service, which will be available at seven Dallas-area … [visit site to read more] Read More...
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F-Type Jags can outrun the rain
Not even the monsoons could dampen my ride this week, the fabulous 2016 Jaguar F-Type S. This was a particularly sweet model, equipped with the supercharged 380-horse V-6 and the new six-speed manual transmission. Check out my review of the car in a few … [visit site to read more] Read More...
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Blue Bell to reship more flavors, just in time for summer
Photo Courtesy: Blue Bell Creameries The makers of Blue Bell … [visit site to read more]
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Thursday, 2 June 2016
Couture shop Nardos Design relocates to Dallas' Victory Park
Nardos Design moved to Victory Park Lane south of the American Airlines Center … [visit site to read more] Read More...
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Plano outsourcing firm sells to California company
Expert Global Solutions, a Plano-based business process outsourcing firm, has been bought by a California company for an undisclosed amount. EGS, founded in 2012, becomes part of Alorica Inc. of Irvine, California. The combined company will employ 90,000 people globally and generate an estimated $2.3 billion in annual revenue. About 40,000 of those employees work for EGS. The companies expect to complete the transaction later this year. EGS is owned … [visit site to read more]
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Why would a Texas power company give away trees? And how you can get one
A 250-year-old Bur Oak was the oldest tree at the Heard Natural Science … [visit site to read more] Read More...
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Wednesday, 1 June 2016
Payday borrowing’s debt spiral to be curtailed
(2014 File Photo/The Dallas … [visit site to read more] Read More...
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Blue Cross asking for 60 percent rate hike for Obamacare plans in Texas in 2017
Affordable Care Act … [visit site to read more] Read More...
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Two new hotel projects planned on State Highway 114 in Southlake
Irving-based Summit 11 Investment Group plans the 121-room Indigo hotel. (Summitt … [visit site to read more] Read More...
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Grand Prairie warehouse project set for e-commerce business
Port Logistics Realty’s project will open early next year. Another industrial development is on the way in the Midcities … [visit site to read more]
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Ford recalls 1.9 million vehicles in North America because of faulty air bags
Ford’s recall is part of a nationwide expansion of an ongoing Takata air bag recall, which was already the largest U.S. … [visit site to read more]
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J.C. Penney says sales are up and it plans to refinance a big chunk of its debt
The entrance to J.C. Penney store … [visit site to read more]
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21-story apartment tower planned for Uptown Dallas block near tollway entrance
The residential tower is planned at McKinnon and Randall streets. (Crescent Communities) Another … [visit site to read more] Read More...
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