Author: harrisondfw
A decades-old dream in Dallas may soon become a reality: Texas is looking to open the country’s first national stock exchange.Texas native James Lee has raised about $120 million from dozens of individual investors and big names like BlackRock Inc. and Citadel Securities Inc. to become CEO of the Texas Stock Exchange, which is currently scheduled to hold its first trade in the second half of 2025 and its first listing in early 2026.The Texas Stock Exchange will be the new listing venue for public companies, exchange-traded products and American Depositary Receipts primarily from the southeastern U.S. Once fully operational,…
One of several lounges at WorkBox Victory Park [Photo: Workbox] Chicago-based national workspace company Workbox has opened its first Texas location at Victory Plaza on the northern edge of downtown Dallas. At more than 50,000 square feet, Workbox Dallas-Victory Park is the company’s largest workspace outside of Chicago. “We have been exploring expanding into the Dallas and Texas market for several years now and jumped at the opportunity to start our journey in the vibrant Uptown market,” Workbox co-founder and CEO John Wallace said in a statement. “In addition to attracting some of the city’s most exciting businesses, the Uptown…
FORVIS CEO Tom Watson (left) and Mazars Group CEO and Chairman Hervé Elias. [Photos: Business Wire] Dallas-based accounting firm FORVIS and Mazars, an international partnership based in Paris, France, with operations in more than 100 countries and territories, have officially launched their new global network, Forvis Mazars, a top 10 global network that is said to be the largest new entrant in the global rankings in decades. The two-company network, Forvis Mazars, is unique in the market, offering “agility, capability and responsiveness” to support clients wherever they operate in the world, the company said. The network will be managed by…
Billingsley Cos. is pursuing Sloan Corners, a master-planned development located at the X-shaped intersection of U.S. Highway 75 and State Route 121 in Collin County.Located in the Allen and Fairview neighborhoods, the project will feature millions of square feet of development spread across nearly 500 acres and serve the fast-growing community along U.S. 75. The price tag upon completion could rise to $3 billion.A Dallas developer broke ground on an apartment complex at Hartwood Square on April 25.Related:The real estate company owns 45 acres of land to properly manage Trinity Groves.A rendering of the facade of Hartwood Square, which will…
Last August, Dallas business consultant Lance Wallnau addressed the “Awaken the Sleeper” conference at Vida Church in Mesa, Arizona. Dressed business casual and speaking off-the-cuff in a lively style that mixed humor with right-wing, anti-media vitriol, he spoke for nearly an hour about a coming “global economic meltdown,” the evils of the left, and how Christians should respond. “I can’t help prophetically wanting to tell you the future,” he said. Because U.S. Christians have been too politically disengaged, he warned, “The entire system will be taken over by a horned entity that will put its arms around the church and…
General Motors’ self-driving taxi company Cruise began a soft launch in Dallas this week, more than a year after its initial debut in the city.The San Francisco-based ride-hailing service has so far used manually driven vehicles without a self-driving system and is only testing its service in limited areas, according to a city memo. Cruise has been using some of its self-driving technology in the city for the last year and was poised to begin final testing before launching its fully self-driving service in the fall, but the company suffered a major setback in October when a Cruise taxi dragged…
Down icon An icon in the shape of a downward angle. Ariel Francois of Dallas. Courtesy of Ariel Francois Ariel Francois moved to Dallas from the Miami metropolitan area for work.She’s been living in Dallas since 2022 and told BI how it compares to life in Florida.She thinks it’s more affordable for people her age than living in South Florida. Arielle Francois, 24, would tell her past self that it was natural to feel anxious about moving from South Florida to Dallas.The movement is 2022 began without any idea what her “first adult job” would be. François had to figure…
Former President Donald Trump has sold one of his private jets to a prominent Dallas real estate developer and major Republican donor.As reported by The Daily Beast, Centurion American Development Group CEO Mehrdad Moayedi has purchased President Trump’s 1997 Cessna for an undisclosed amount, which EvoJets values at about $10 million. The deal reportedly took place last year, but the identity of the buyer has not been disclosed.Moayedi’s support for Trump is well known: Federal campaign finance records show he donated a total of $245,000 in 2019 and 2020 to Trump Victory, a committee that supports Trump’s presidential campaigns and…
The ongoing legal battle means the situation is far from resolved. FORT WORTH, Texas — Editor’s note: This article originally appeared in Featured in the Dallas Business Journal. Earlier this month, Pinnacle Bank of Texas foreclosed on one of the loans tied to the office building, taking possession of Fort Worth’s tallest tower, but that’s not the end of the story. The bank wrested control of Barnett Plaza from Barnett Cherry Street LLC, a company with ties to New York City-based Opal Holdings Inc. The legal battle, now uncovered through court documents and public records, partially explains how the regional…
As part of its continuing efforts to support higher education, the Osceola County Association of Realtors has once again demonstrated its commitment to the community by awarding $10,000 in scholarships to local high school seniors. Through the association’s Realtor Cares Committee, 10 outstanding students will each receive a $1,000 scholarship to further their education at a college, technical school or other institution of higher learning. Applicants were evaluated on a variety of categories, including GPA, community service hours and a 250-word essay. In the essay, participants were asked to explain the value that REALTOR® professionals contribute to their communities. The…