Zone could help hotel and convention center project down the road

From Denton Record Chronicle by Jenna Duncan – jduncan@dentonrc.com

The exploration of the feasibility of a hotel and convention center continues to move forward as the Denton City Council on Tuesday discussed creating a tax-increment reinvestment zone to fund the project. If created, the TIRZ would generate an estimated $13.6 million to help repay construction costs on the project over a 30-year term. The zone would take up the 13-acre area where the project is planned to be built, which currently has no taxable base value. A formal hearing on the proposed zone and an ordinance to create it will be held June 17. This was the first full meeting with new Mayor Chris Watts presiding, and council member Jim Engelbrecht was named mayor pro tem in the first action of the meeting.

To create the zone, Denton County and the Denton school district will have to agree to participate, which would mean the county would dedicate 75 percent of its real property increment and the school district would dedicate 75 percent of its interest and sinking real property increment to the fund. In the deal, the city would contribute 100 percent of its real property increment. “Creating the TIRZ at this time would not make the project final or go forward in any way, it is just a feasibility mechanism that is a necessary step to determine whether the project can go forward,” said Aimee Bissett, director of economic development for the city. After the city holds a hearing, it can choose to move forward with the ordinance later in that meeting. If approved, a board would have to be appointed, a project and financing plan would be finalized and all entities would sign participation agreements. It could be concluded by August or September, said David Pettit, a consultant on the project who presented to the council. Leading up to it, though, is the potential for several actions regarding the project to be brought to the council because of required steps, such as the discussion of bonds.

The TIRZ plan accounts for the hotel and convention center to be completed in 2017, and when the contributions to the fund would gradually kick in. A preliminary mock-up of the center presented in December is currently out for construction bids, which are due later this month. The project details retail and restaurant space in addition to the convention area and 318 hotel rooms. A different project was potentially stalled after the council voted unanimously to postpone action on rezoning a piece of land that is planned to be used for a CVS Pharmacy going in on Avenue B between Hickory Street and Oak streets. It is one of four pieces of land in the planned development that will make it one lot, and is the only one not zoned for retail use more than 5,000 square feet. In the near-final plans for CVS, the portion is used as a turn-in lane from West Oak Street to the parking lot. However, the council took issue with the turn-in giving access only to CVS, as there is a new laundry facility going in next door that will probably need access from Oak as well. Since the area has a lot of pedestrian traffic, council members said they want fewer curb cuts on the street to improve pedestrian safety.

In a motion to postpone action pending further investigation of collaboration between the two businesses, Engelbrecht said he thought giving access to two businesses with one curb cut could be “a potential win for everyone.”Additionally, the council received the certification of the citizen petition to ban hydraulic fracturing, and the city attorney proposed adding a public hearing on the petition for the July 15 council meeting. This was the first time the petition was discussed by the council after it began to circulate among residents in February, and the council now has 60 days to take action on the petition or call an election on the issue.

JENNA DUNCAN can be reached at 940-566-6889 and via Twitter at @JennaFDuncan.

From the Fort Worth Star Telegram, BY CATY HIRST – chirst@star-telegram.com

It’s time to get your tube on — Rockin’ the River, the summer long concert series at Panther Island Pavilion, will be back this month with more fireworks and an indoor venue. The free concerts are played for inner-tube riders from a waterfront stage, but landlubbers can park their lawn chairs on the banks of the Trinity River to hear the music every Thursday night from June 5 to Aug. 7. Parking is also free at 395 Purcey St.

Besides the usual food and alcohol vendors, the Trinity River Vision Authority, which puts on the series, is adding fireworks after every concert this year. “For the sake of the event, we are always trying to make it better. … One of the cool things people really liked from last year is at two specific times we had fireworks,” authority spokesman Matt Oliver said. There’s also a new indoor venue, The Shack at Panther Island Pavilion, so the concerts can go on rain or shine. One was canceled last year because of high winds, Oliver said. The group is also adding a mechanical bull for river goers to try out.

“Rockin’ the River is just the vibe for Panther Island, for the whole development, that we want. It is people not just being near the river, they are in it. They are fully embracing it,” Oliver said. He said that 1,700 to 2,000 people attended each night last year and that he expects the number to grow.

Concert goers can bring their own tubes, kayaks, rafts or anything else that floats, as long as it’s not motorized. Coolers and outside food or beverages are not allowed. Anyone who breaks the food and beverage rule will be asked to leave, according to the website. Beer and soda will cost $3, and Mike’s Hard Lemonade frozen margaritas are $6. Food from Salsa Limon will be available. Tube rentals will be $6, pedal boat rentals will be $21, and kayaks, canoes and paddle boards will also be available for rent. The gates will open at 4:30 p.m., and the first band will start at 6:45. The fireworks show will start about 9:30 p.m. The hashtag #TubetheTrinity is being promoted, and more information is available at www.rockintheriverfw.com.

Fort Worth’s Fourth
A free Independence Day celebration, also hosted by the Trinity River Vision Authority, will follow the July 3 Rockin’ the River concert. The gates will open at 2 p.m. to several free events, including live music, flyboard and Jet Ski shows, tubing, pony rides, miniature golf, a levee slide, train rides, bounce houses, a water slide and face-painting. New this year, the water boarders will perform tricks on water-fueled jet packs. The cover band Party Machine will hit the stage at 6 p.m. and Larry g(EE) will follow at 8. Fireworks will start about 10. “We’ve built up quite a reputation over the past two years for having the best fireworks show in North Texas,” J.D. Granger, the authority’s executive director, said in a statement. “We’re dedicated to upholding the reputation. We have quite a few tricks up our sleeve this year and can guarantee the crowds will not be disappointed. And, of course, we will have our signature firebombs that always shock and awe the crowd.”

For more information, visit www.fortworthsfourth.com. Caty Hirst, 817-390-7984 Twitter: @catyhirst

Toasted Smores Cheesecake. Photo courtesy of The Cheesecake Factory

From the Fort Worth Business Press by Scott Nishimura

The Cheesecake Factory is coming to Sundance Square, Sundance Square said Friday. The restaurant has leased more than 8,700 square feet at 215 E. 4th St. That takes up the former Barnes & Noble cafe space and the Ferre restaurant, which is closing Sunday, Carolyn Alvey, a spokeswoman for Sundance Square, said. “The Cheesecake Factory is a well-known brand with a loyal fan base that local residents and visitors alike will enjoy,” Johnny Campbell, CEO of Sundance Square, said. The restaurant entrance will be at 4th and Commerce streets, he said. It will include 900 square feet of patio seating across from Bass Hall, the former Ferre patio. “This space is truly unique and very high profile,” Campbell said. Sundance said “details regarding the start of construction…are pending.”

“The Cheesecake Factory is one of the highest volume restaurant concepts in the United States,” Campbell said. “This restaurant will bring a lot of foot traffic to that corner of our development.” Sundance has 18,000 square feet of “prime space” at 3rd and Commerce streets for “soft goods retail,” Campbell said.“We have been talking to several national retailers about the space, and we anticipate this announcement will escalate those conversations.”

From the Fort Worth Business Pres by Mae Anderson

Amazon is expanding its Sunday package delivery service to 15 more cities across the country, including Dallas, Waco, Houston, College Station and Austin. Amazon first rolled out the service as part of a new deal with the U.S. Postal Service in November to New York and Los Angeles, just ahead of the holiday rush. At the time, it said it planned to extend it to other cities this year. The service is one of many efforts Amazon has been making to attract new customers and encourage existing customers to spend more, even though it increased its Prime two-day shipping membership program’s annual fee to $99 from $79 in March.

Photo by Luke Dorny

On Monday, it started a service that lets Twitter users add Amazon.com products to their carts without leaving the social media site. In April, it launched Prime Pantry, a grocery delivery service for Prime members. The same month, it introduced Amazon Fire, its first set-top video streaming box. The Seattle-based online retailer does not disclose the percentage of its packages that are delivered on weekends, but said since the service launched it has delivered millions of packages on Sunday to its customers.

“So far, the most common items delivered on Sunday include baby supplies such as newborn apparel, books and toys — Sunday delivery is clearly crossing errands off the weekend to-do list,” said Mike Roth, Amazon’s vice president of North America operations.

Sunday delivery is available to all Amazon customers for no extra charge. If it is available in a customers’ region, notice of the service will appear at checkout. The cities that Sunday delivery is expanding to are: Indianapolis; Lexington and Louisville, Kentucky; New Orleans and Shreveport, Louisiana; Cincinnati and Columbus, Ohio; Oklahoma City; Philadelphia; Dallas, Houston, San Antonio, Austin, Waco and College Station, Texas.

From Dallas Business Journal by Korri Kezar

More than 20 of the world’s 2,000 largest and most powerful companies call Dallas-Fort Worth home. In its annual listing of the Global 2000,Forbes studied thousands of businesses across the globe based on sales, profits, assets and market value. While Chinese bank ICBC took first place for the second year in a row, the United States leads as the country with the most ranked companies on the list at 564. And of the U.S. companies, nearly two dozen are from DFW, including giants likeExxon Mobil Corp. (NYSE: XOM), AT&T Inc. (NYSE: T) and Kimberly Clark (NYSE: KMB). North Texas companies on the list range from telecommunications to travel and from retail to food products.

“The North Texas economy benefits tremendously from having a high concentration of corporate headquarters,” said Robert Dye, chief economist forComerica Bank. “Headquarters jobs tend to be high-paying and they also tend to be less cyclical than production jobs. Because they are high paying jobs that may require a significant amount of training, the overall population of the region benefits from the added support to educational and cultural institutions.” Comerica, which took place 950, was also happy with its ranking. “Moving up in ranking 37 spots from last year is a testament to our relationship focus and our growth and success not only in Texas, but across all the markets Comerica serves,” said Kyle Tarrance, Comerica’s vice president of corporate communications.

Here’s a full list of DFW companies making the Global 2000:

6. Exxon Mobil (Irving)

23. AT&T (Dallas)

366. Kimberly-Clark (Irving)

421. Texas Instruments (Dallas)

575. Southwest Airlines (Dallas)

726. American Airlines Group (Fort Worth)

814. Fluor (Irving)

819. HollyFrontier (Dallas)

950. Comerica (Dallas)

1071. Celanese (Irving)

1148. Alliance Data Systems (Plano)

1206. Dr Pepper Snapple Group (Plano)

1368. D.R. Horton (Fort Worth)

1391. Flowserve (Irving)

1421. Pioneer Natural Resources (Irving)

1509. Tenet Healthcare (Dallas)

1656. J.C. Penney (Plano)

1776. GameStop Corp. (Grapevine)

1830. Dean Foods (Dallas)

1854. Denbury Resources (Plano)

1962. Range Resources (Fort Worth)

Dallas Business Journal

From Dallas Business Journal by Nicholas Sakelaris

Get ready for more highway construction and more managed toll lanes, North Texas. State Highway 183 and Interstate 35W will both start construction by the end of the year and Interstate 35E just started a few months ago.

In addition to the main lanes, the three highway projects will feature TEXpress Lanes, or managed toll lanes, where the price varies based on traffic conditions. These controversial lanes, dubbed Lexus Lanes by critics, have already opened on the eastern portion of the LBJ Express and will start charging drivers on the DFW Connector soon, too. All these projects will eventually tie-in with a seamless network of TEXpress Lanes.

Here’s a breakdown of the projects.

Interstate 35W

Construction on Interstate 35W from Intestate 30 in downtown Fort Worth north to the junction with Loop 820 will start in the next few weeks. The $1.4 billion, 6.5-mile project will include new frontage roads and two new TEXpress Lanes in each direction.

Construction is expected to be completed by 2018. The contract was awarded to North Tarrant Express Mobility Partners, the same group building the North Tarrant Express, which includes the reconstruction of Loop 820 and State Highway 121/183 in Fort Worth and Hurst, Bedford and Euless.

The biggest group behind that project, Cintra U.S., is also building the LBJ Express in North Dallas. Cintra U.S. is a subsidiary of Madrid, Spain-based Ferrovial Agroman.

Interstate 35E

Work has already started on Intestate 35E in North Dallas from I-635 to U.S. 380 in Denton. The $1.4 billion project is just phase 1 of the project as additional improvements will be needed in the future.

The project includes a new southbound bridge over Lake Lewisville and reversible TEXpress Lanes from I-635 to Turbeville Road/Hundley Drive. The Beltline Road intersection will also be reconstructed. The contract was awarded to AGL Constructors.

State Highway 183

State Highway 183 from Euless to Dallas is next in line for major reconstruction. The Texas Department of Transportation is scheduled to award a contract for the project on May 29 to one of four teams that made the short list of contractors, said Lisa Walzl, a TxDOT spokeswoman. Bulldozers will start moving dirt by the end of the year, she said.

The S.H. 183 project starts at State Highway 121 in Euless and heads east past Dallas/Fort Worth International Airport, the junction with State Highway 161, the junctions with Loop 12 and State Highway 114 and ends at Interstate 35E.

The first phase of the $850 million project is scheduled to be completed by 2019.

That phase includes new frontage roads, new main lanes (mostly westbound) and a TEXpress Lane in each direction on State Highway 183.

If funding becomes available, the TEXpress Lanes could be built on Highway 114, too, connecting eventually to the DFW Connector. The lanes would also tie into the elevated TEXpress Lanes being built now on either side of Interstate 35E as part of the LBJ Express.

Why TEXpress Lanes?

Using managed toll lanes, which guarantee a minimum of 50 mph of travel, allows these projects to start despite funding shortfalls at the state and federal level.

Anthony Foxx, U.S. Secretary of Transportation, visited North Texas last month to talk about the federal highway fund becoming insolvent, possibly as soon as August. The so-called highway cliff could kill highway projects across the country. Foxx urged lawmakers in Washington D.C. to approve President Barack Obama’s four-year, $320 billion funding plan that increases temporary taxes on companies with overseas income.

Obama’s proposal doesn’t touch the federal gas tax, which is 18.4 cents per gallon. Texas lawmakers have also been loathe to touch the state gas tax, which has been unchanged since 1991.

Dallas Business Journal

From Trademark Properties:

Waterside is a new 63-acre master planned development that will offer a walkable mixed-use district with an unmatched amenity package, including the Grove our signature public space featuring several heritage trees, multiple outdoor seating venues, hi-tech amenities, children and adult play areas and much more.

Whole Foods Market will open a 45,000 SF store, the first in Fort Worth, which will include features unique to Waterside and tailored to the local community. Plans for Waterside include 200,000 SF of retail space and riverside restaurants, 20-30 acres of multi-family and townhomes, 150,000 SF of office space, and a signature hotel site.

Trademark

From The Fort Worth Star Telegram by Sandra Baker – sabaker@star-telegram.com

FORT WORTH — Three apartment developments are on the drawing board for the city’s near south side that would add almost 575 rental units, including one project that involves the renovation of a historic Coca-Cola bottling plant on south Main Street. The projects, which together represent $76 million in investment, are seeking nearly $4 million in funding from the area’s tax increment finance district. The district’s board will meet Wednesday to consider the requests. Construction on the projects, being proposed by Seneca Investments and Lang Partners, could begin in January, and each would take as long as two years to complete. Paul Paine, president of Fort Worth South, a nonprofit organization that oversees development on the city’s near south side, said demand exists for more than 2,000 apartments because of job growth and the growing popularity and willingness of private developers to invest in the area. “They’re all going to do well,” Paine said the projects.

Addison-based Seneca Investments plans a $34.7 million six-story, 227-unit multifamily building that takes in the two-story former Coca-Cola building at South Main Street and Pennsylvania Avenue as part of a project called Highpointe on South Main. The proposed development will include construction of a 198,800-square-foot building and a multi-level parking garage with 332 spaces. The project is about half the size of what Seneca proposed for the site in 2012. At that time, it received a $5.3 million commitment from the area’s tax increment finance district for a $70 million, 526-unit project. But the project never advanced and the land owner sold some of the property to Victory Healthcare for a hospital and medical offices. Jay Jambor, a Seneca vice president, said the average apartment size will be 876 square feet, but it’s too early to quote possible rents. Seneca will save the facade of the vacant circa-1926 Coca-Cola building and the interior will be renovated for a fitness center, leasing offices and other amenities, he said. Seneca is asking for nearly $2.5 million from the tax increment finance district to help with public right-of-way and easement improvement costs, environmental abatement, street reconstruction and streetscape improvements. The project is between South Main and Galveston Avenue, and Pennsylvania Avenue and Cannon Street.

Dallas-based Lang Partners is planning a $40.9 million, five-story, 322-unit project bounded by West Rosedale and Oleander streets, and Seventh and Hurley avenues. Lang Partners bought the land earlier this year for a project that could include a 274,666-square-foot building and a multi-level parking garage with 420 spaces. The site was picked because residents would be able to walk to jobs, shops and restaurants, said Dirik Oudt, Lang Partners president. “We like to build where there’s a lot of walkability,” Oudt said. “Employment is everything, but when you combine employment with walkability, you have have the right recipe.” Lang Partners is asking for $1.1 million from the tax increment finance district, also for public right-of-way and easement improvements, utility work and streetscape improvements. Oudt said the project is still being designed. The units, though, will be of the same top-notch level as its 316-unit Lancaster and White Buffalo project on West Lancaster Avenue, which is 94 percent occupied, he said. In the third project, Broken Bone Land Co., a development entity of Dr. Gurpreet Bajaj in Fort Worth, plans a $2.7 million, three-story, 24-unit apartment project on the west side of Travis Avenue, between West Rosedale Street and Terrell Avenue. The apartments are the second phase of a project that included a medical clinic and four apartments in an adjoining two-story building on Lipscomb Street to the west. Bajaj is asking for $75,879 from the TIF for site and utility improvements. Construction is scheduled to begin in July and be completed by June 2015.

From the Fort Worth Business Press by Betty Dillard – bdillard@bizpress.net

Business is heating up at Klein Tools in Mansfield. Based in Lincolnshire, Ill., the maker of high-quality hand tools for electricians and the construction industry is increasing its investment in the local economy with the opening on April 10 of a second manufacturing plant, located at 501 Easy Drive in Mansfield. The new building, a 60,000-square-foot heat-treating facility on a 100-acre parcel, expands Klein’s manufacturing headquarters in Mansfield as well as the capabilities of its advanced manufacturing technology center, a 125,000-square-foot facility on Heritage Parkway that opened in August 2011. By centralizing facilities, Klein can develop business strategies that will produce operational and system efficiencies and support the company’s commitment to remain a U.S.-based employer and manufacturer of American-made products, according to Thomas R. Klein, president of Klein Tools. The company’s tools have always been made in the United States, and keeping that tradition is as important now as it was when the company was founded almost 160 years ago, Klein said.

“Our roots are in America,” he said. “We are very proud of that and will continue to focus on making Made in America tools as we continue to grow our company. The opening of our new heat-treating facility will help us keep up with product demand, streamline operations to stay competitive and provide American jobs in advanced manufacturing.” German emigrant and blacksmith Mathias Klein, Tom Klein’s great-great-grandfather, founded the company in 1857 when he forged the first known U.S.-made pliers in Chicago. Today, Klein Tools Inc. is owned and operated by Mathias Klein’s descendants to the sixth generation. Tom and his cousin Mathias A. Klein III, who serves as chairman, are members of the fifth generation.  Today, Klein Tools is the only major tool manufacturer worldwide focused on electrical and utility applications. The company designs, develops and manufactures more than 3,800 kinds of premium-quality tools, including more than 165 types of pliers, in eight plants in Arkansas, Illinois, Iowa, Michigan, New York and Texas. Klein Tools chose Mansfield as its manufacturing hub in part because of incentives from the Texas Enterprise Fund, which was created by Gov. Rick Perry to entice businesses to relocate to Texas. Klein said his family looked at numerous factors and other states before settling on Texas. “We had to narrow down to which state is the best,” he said. “We wanted to be close to a major airport and Dallas/Fort Worth Airport satisfied that. We wanted to be in a right-to-work state and one with low taxation. We also looked for business friendliness. We’re very happy with our decision to move here. The city of Mansfield has been great to work with.” The company received a $2.8 million Texas Enterprise Fund grant and an economic incentive package approved by the Mansfield City Council that includes $500,000 grants each year for 12 years. Both the state and city grants depend on performance-based benchmarks Klein Tools is required to meet.

Klein said the company has met all of its targets, including buying at least $6 million worth of equipment and creating jobs. Overall, the company employs 1,200 people, with 200 jobs in Mansfield. According to the city of Mansfield, Klein Tools’ net economic impact to the city is estimated to be more than $7.6 million during the first 10 years, with a $4.5 billion statewide economic impact. “Klein Tools has proven to be a great community partner to Mansfield with the opening of their second plant,” said Scott Welmaker, the city’s director of economic development. “It’s encouraging to see a company find ways to keep good manufacturing jobs here at home.”

Double digit growth The $7 billion hand-tool manufacturing industry has experienced a strong recovery from the economic recession, according to market research company IBISWorld. The industry is expected to grow by 1.6 percent during 2014. Klein Tools rode out the recession and has been growing at double-digit rates for the last four years, Klein said.  “That’s the good news story for us, especially when you consider our tools are designed for electricians and the construction industry, which hasn’t been doing all that great in the last four years,” he said.  “We’re having another great year. We’re up double digit despite the weather that’s affected much of the country. The economy in Texas is very good, too, especially here in Fort Worth and Dallas. We’re really going to be up as business speeds up with our new facility.” The company began its global expansion in 1972 with the establishment of a Mexican subsidiary, Herramientas Klein, S.A. De C.V. In 2010, Mumme Tools in Australia became a sister company of Klein Tools. Mumme, which is also a family-owned company, produces forged hand tools in South Australia and is Australia’s leading mining tool manufacturer. Last year, Klein Tools acquired Civitella & Cia Ltda, a privately held family-owned tool and equipment manufacturer in Brazil.  “We’ve gained distribution in Australia and Brazil, two very big markets for us,” Klein said. “But we’re really concentrating on manufacturing and expanding our product lines.” The company’s domestic expansion includes the 2005 purchase of KalFact Plastics, a plastics molding company in Michigan, which was renamed Klein Plastics. Heritage Cutlery of Bolivar, N.Y., was acquired by Klein in 2007 and began operating under the name Klein Cutlery LLC.

Also in 2010, Klein acquired 50 percent equity position in UEi Test Instruments, which makes portable testing and measurement products for heating, ventilation, air conditioning and refrigeration customers. To meet the demands for more multi-function tools, the company recently released a new sleeker line of electrician’s insulated tools that provide 1000V protection and introduced the All-Purpose Pliers, a more durable wire-stripping tool that also functions as long-nose pliers. Both lines are selling beyond the company’s expectations, Klein said. “Customers keep asking us to consolidate tools. One tool that does four different functions is more cost efficient and doesn’t weigh down your tool belt,” he said. “It’s things like that that are helping us outperform other companies.” Klein Tools will be expanding again in June. The company will break ground on a 175,000-square-foot facility adjacent to its new heat-treating building. Completion is expected in June 2015. Plans are to consolidate Klein Plastics in Michigan and the metalworking plant in Lincolnshire. The relocation is expected to add 200 more jobs to Mansfield. “We’re bringing more manufacturing here and creating more jobs,” Klein said. “We’re very excited about it. The continued investment in our plants, people and products will help us continue our long tradition of making American-made tools that are consistently the top tool of choice among electricians.”

Klein Tools at a Glance History: Founded in 1857 by Mathias Klein, the company is owned and operated by his descendants to the sixth generation. It is the only major tool manufacturer worldwide focused on electrical and utility applications. Headquarters: Corporate, Lincolnshire, Ill.; Manufacturing, Mansfield Facilities: Eight plants in six states – Arkansas, Illinois (2), Iowa, Michigan, New York and Texas (2) Employees: 1,200  Products: More than 3,800 tools, including more than 165 types of pliers

Fort Worth Business Press

From the Dallas Business Journal by Candace Carlisle

One of the largest tenants at Golden Triangle Mall has solidified its relationship with the longtime Denton regional mall, signing a long-term lease to expand and renovate the anchor store. Dillard’s renovations are part of a larger renovation plan for Golden Triangle Mall, which has been an ongoing project for The MGHerring Group and Cencor Realty Services since it acquired the mall through a joint venture in 2011.

The mall redevelopment has helped Golden Triangle Mall, at Interstate 35E and Loop 288 in Denton, win and retain retail tenants.The renovation of Golden Triangle has created a fresh retail environment with new retailers and restaurants that attract Dillard’s shoppers, said Chris Johnson, the real estate vice president for Dillard’s. Dillard’s re-commitment to Golden Triangle validates it as the dominant retail location in Denton, said MGHerring President and CEO Gar Herring. Golden Triangle Mall and the newly developed Rayzor Ranch Town Centerhave hit heads for years over the crowned regional shopping destination in Denton, fighting for retail tenants. Last month, Rayzor Ranch Town Center developers announced the project would get a Cinemark theater and bistro.

The Weitzman Group, an affiliated company of Dallas-based Cencor Realty Services, is leasing Golden Triangle Mall. Cencor is managing the property. Other mall tenants include Macy’s (NYSE: M), J.C. Penney (NYSE: JCP), Sears,Barnes & Noble, DSW Shoe Warehouse and Ross Stores. The 765,000-square-foot property has a new food court, which features Smoothies Paradies, Italia Express and Tobu Teriyaki Grill. Soon, Corner Bakery and Pollo Tropical also will set up shop.

Dallas Business Journal