🏈Cowboys to up ante in Arlington; Lawsuits sideline Six Flags coaster; Data center study delayed; Is Colovore?

Today’s issue sponsored by David Lewis Builder

Dallas Cowboys Chief Operating Officer Stephen Jones said the development of the land around the three million square feet of AT&T Stadium is "right around the corner," according to Sportico. The Cowboys moved into AT&T Stadium in 2009, but developed The Star, a 91-acre mixed-use district in Frisco. “We haven’t been quick to develop AT&T Stadium, but it’s coming our way,” Jones said.

Plagued by lawsuits alleging brain injuries to more than 100 people, Arlington-based Six Flags Entertainment retired its X2 roller coaster at Magic Mountain in California. The ride, which debuted in 2008, featured seats that rotate 360 degrees as the coaster reaches speeds of nearly 76 miles per hour. Six Flags said X2 repeatedly passed safety tests.

Neiman Marcus is closing its flagship downtown Dallas store today after more than 100 years at Main and Ervay streets. Operations will consolidate at the NorthPark Center location, which will also re-create the iconic Zodiac Room restaurant.

Y’all Street big game hunting captures another: Morgan Stanley will establish a regional headquarters estimated at $1.3 billion in Dallas with plans to create more than 3,800 jobs. Morgan Stanley also will receive a record $44 million from the Texas Enterprise Fund for a financial services firm. 

Fort Worth voted in new fees for water, solid waste and stormwater. See how much here. It also unanimously approved an agreement with the Fort Worth Fire Department. The four-year contract promises a 5% raise across the board for firefighters and EMS workers, as well as ‘market’ raises based on classifications.

Fort Worth's data center commission has not finished its report, so the Council canceled its Nov. 3 meeting and called a special meeting for 4 p.m. Nov. 10 to hear the presentation. 

Development of Colovore Alliance, a one-story, 156,500-square-foot, $430-million data center project in AllianceTexas is projected to begin in December with construction until 2028, according to a Texas Department of Licensing and Regulation filing. The property is located at 14700 Heritage Parkway within Hillwood’s 27,000-acre AllianceTexas development.

The U.S. Senate passed a bipartisan bill to overhaul the multi-billion-dollar college sports industry — a victory shared by President Donald Trump, who wants to sign the package. That, however, is expected to be delayed as the House will not vote until after the November elections. A high priority for Republican Sen. Ted Cruz of Texas and Democrat Maria Cantwell of Washington, the Protect College Sports Act would replace a patchwork of state laws governing student-athlete compensation, transfers and eligibility.

Gov. Greg Abbott declared a statewide, 30-day disaster based on soaring diesel prices and fuel shortages. The declaration allows Abbott to lift certain restrictions on commercial transportation. 

The Trump administration finalized fuel economy standards for cars and light trucks, sharply lowering Biden-era requirements in favor of makers of gasoline-powered vehicles. Automakers will be required to make passenger car and light-truck fleets up to one percent more fuel efficient each year, resulting in an average of about 34.9 miles per gallon by model year 2031, up from 30.1 mpg in 2024.

General Motors Co. projects to reduce technology expenses by $20.4 billion by 2031, a direct result of the finalized fuel economy standards issued by the National Highway Traffic Safety Administration. 

A Legacy of Lights, the 2026 theme for the GM Financial Parade of Lights, will illuminate the streets of downtown Fort Worth for its 44th year at 6 p.m. Sunday, November 22. Texas' largest illuminated holiday parade offers free and paid spaces and will be led by GM Financial President of North American Operations Kyle Birch, the Grand Marshal. Get all the details here. 

Transwestern's Fort Worth Industrial team represented the seller of 111 E. Lowden Street, a 34,848-square-foot  facility in south Fort Worth. The property was acquired by Genesis Millwork, represented by Stream's Adam Jones. The company is expanding its manufacturing operations. Transwestern was represented by Lyndon Todd, Casey Tounget, Jeff Givens and Wythe Roberts. 

Job seekers and employers, the 15th annual Hiring Red, White & You job fair is Nov. 5 at Globe Life Field in Arlington. Hosted by the Texas Workforce Commission and the Texas Veterans Commission, the free event connects veterans, military spouses and the public with more than 165 employers. The Fort Worth Economic Development Partnership explains why this type of partnership matters to driving the area's growth.

Minnesota-based Hawkins, a water treatment and specialty ingredients company, completed the acquisition of the assets of north Texas' Eagle Labs, which distributes water treatment products to customers from its operations on the fringes of Dallas–Fort Worth and has in-house manufacturing capabilities. The acquisitions give Hawkins seven facilities in Texas. 

Roanoke has announced Open Rewards, an app-based program that provides cash back to people who spend money in the community. The program starts in late October and will offer 5% cash back on all purchases made at participating Roanoke food and retail businesses. Oak Street businesses, affected by construction, could be the first sites. 

Lockheed Martin Aeronautics was awarded a $12,127,945 Naval modification contract to a previous award that adds scope to provide for diminishing materials and manufacturing in the re-design of the Fuselage Remote Interface Unit A2 High Bandwidth Assembly as part of the F-35. The work will be performed in Fort Worth and is expected to be completed in January 2032.

Lockheed Martin Aeronautics also picked up two other awards. One is a $52,116,731 modification that adds scope to incorporate engineering changes into the F-35 Lot 18-19 Air Vehicle production. 23% of the work will be performed in Fort Worth. The other award is a two-year $15,539,485 contract for F-16 electro mechanical actuators units for Tinker Air Force Base in Oklahoma. 

Snippets:

• Morgan's Ice Cream at 321 S. Main in Near Southside has closed after six years, according to a Facebook post.

• Itchy ears? Fort Worth-based eosera has a new over-the-counter product that might help. 

• D-FW International ranks No. 1 in this stat, ahead of Houston's George Bush Intercontinental Airport at No. 11. Except this ranking is for most stressful airports. 

• U.S. News surveyed more than 400 seniors and family caregivers to unpack how families assess care needs and choose trusted senior living options.

Today in history: 2005 = Michael Eisner stepped down as CEO of Walt Disney Co. after 21 years, with Robert Iger succeeding him. Eisner’s tenure included a major expansion of Disney’s movie, television, theme-park and other entertainment businesses.

Significant stat: $35.3 billion = The North Texas private-sector defense industry contribution to the regional economy, according to a study by The Perryman Group for the North Texas Commission. To put that into perspective, El Salvador’s gross domestic product totaled $36.7 billion last year. The study also found the defense industry supports 264,603 jobs in the region. In addition, the sector generates $1.5 billion a year in tax revenue for local governments and $1.76 billion for state government.

Daily digit: +6.7% = Expected holiday spending, to reach a record high of $275B, according to data compiled by Adobe Analytics.

Announcements:

• Texas Health Harris Methodist Hospital Southlake: Names Jon Duckert President. He previously had CEO and CFO roles with United Surgical Partners International. 

• GXO: Hires Daniel Davis as President of Aerospace & Defense. 

• Tonya Veasey: Re-launches Open Channels Group PR firm.

• Team & Vasseur: Hires Trent Gilley as Vice President. 

• Original Chop Shop: Selects Kyle Frederick as Chief Executive Officer. He succeeds Jason Morgan, who is moving into an advisory role after 10 years leading the restaurant group. 

• North Texas Commercial Real Estate Hall of Fame: New members to be enshrined are Mehrdad Moayedi, Founder, President and CEO of Centurion American Development Group, and Gary Carr, Vice Chairman of Newmark. 

• Fort Worth Report: Adds business reporter Rebecca Heliot. 

• Parkland Health Foundation: Elects Jesse Jackson as Chairman of the Board. 

• Miracle Flights: Names Olivia Jane Barhorst Director of Corporate Philanthropy.

• ActionCoach of Texas: Hires Rachel Reina as Regional Growth Manager. 

• VQ: Names Barbara Lundgren Human Resources Director.

• Cowboy Mark Productions: Launched by long-time media relations executive Mark Leach.

• Northern Trust Wealth Management: Adds Sharon Phelps-Bridges as a Partner. 

• Project 4031: Adds Emily Allison as operations coordinator and Phoebe Titus as special events coordinator.

817 Biz is formatted for viewing on mobile devices. Some links may expire after posting or be paywall-protected.