Dallas Business Journal articles from September 1998

Dallas Business Journal archives from September 1998

Cawley plans retail on tollway. (Cawley International Commercial Real Estate Services)
September 4, 1998... Enough offices, says developer cooking up $100 million Addison Plaza project ADDISON - Cawley International Commercial Real Estate Services is drawing plans for a full-service hotel, movie theater, restaurants and retail area on 27 acres at...

For-profit Healthplus buying DFW Med Center. (Dallas Fort Worth Medical Center in Texas)
September 4, 1998... GRAND PRAIRIE - A for-profit hospital company aims to buy Dallas Fort Worth Medical Center here, targeting the 25-year-old hospital for some major service expansions. The sale to Houston-based Healthplus Corp. would mark the first time an area...

Days of wine and real estate. (opening of wine store in Dallas, TX)
September 4, 1998... Moonlighters find receptive audience for wine-tasting events FAR NORTH DALLAS - Two former telephone salesmen have taken advantage of today's heightened interest in fine wines by opening the-wine.shop. But don't look for another upscale...

The big spill. (stock losses by CEOs in Dallas, TX)
September 4, 1998... Plunging market takes local CEOs on wild ride D/FW INTERNATIONAL - Despite the fact the bottom seemed to be falling out of the U.S. stock markets Monday, it was business as usual at Kitty Hawk Inc. for the company's CEO, chairman and largest...

Netmansys leaves Silicon Valley for Metroplex.
September 4, 1998... Software manufacturer looks to rebuild sales and marketing team after posting poor financial results FLOWER MOUND - Seeking a fresh start after more than a year of turmoil, a Silicon Valley maker of telecommunications software has moved its...

Countrywide to expand credit operations in Plano. (Countrywide Credit Industries Inc.)
September 4, 1998... Addition estimated to cost company $50 million PLANO - Countrywide Credit Industries Inc. will expand its Plano offices by 500,000 square feet, a company official says. The addition, which industry sources estimate to cost $50 million, will...

Vigor teaming up with Ginsburg, Jones family. (Vigor Properties Inc.; real estate developer Scott Ginsburg)
September 4, 1998... Developer plots Dallas, Plano retail centers with ex-Chancellor CEO, family of Jerry Jones FAR NORTH DALLAS - A Dallas developer has joined forces with two big local personalities to build niche retail centers in the Metroplex. Howard...

Woodhaven Homes aims for $8.5 million IPO. (initial public offering)
September 4, 1998... Builder of low- and medium-priced homes wants cash for debt repayment, acquisitions OAK LAWN - Woodhaven Homes Inc., which builds low-priced homes in the Metroplex, plans to raise $8.5 million in a public offering of securities. The Dallas...

Paradigm Simulation merging with MultiGen.
September 4, 1998... New software development company, called MultiGen-Paradigm, will be based in Silicon Valley FAR NORTH DALLAS - Paradigm Simulation Inc., a Dallas developer of software used in visual and audio simulations, is merging with a Silicon Valley...

Developers plan 'village' on McKinney. (construction of commercial properties along McKinney Avenue in Dallas, Texas)
September 11, 1998... $55 million project ties with restaurant row UPTOWN - Henry S. Miller III has teamed with former West End developer Robert W. Bagwell to erect a $55 million retail and residential village along McKinney Avenue. Industry sources say retail...

Can Dallas really do it? (bid for hosting the 2012 Summer Olympic Games in Texas) (Includes an article comparing the sports facilities of Dallas and Houston)
September 11, 1998... City's bid for 2012 Olympics faces late start, long run DOWNTOWN - With fewer than 19 days before the starting gun, can Dallas whip itself into shape to run for the U.S. nomination to host the 2012 Summer Olympic Games? The answer may depend on...

Citizens will move Dallas operations to Legacy Park. (Citizens Communications; Legacy Park, Texas)
September 11, 1998... PLANO - Citizens Communications of Stamford, Conn., has decided to relocate its local operations from Dallas to a 30-acre corporate campus in Legacy Park. The telecommunications company said it will begin construction on 250,000 square feet of...

Shabang! gearing for launch of Internet shopping service. (formerly known as WinTech Inc.)
September 11, 1998... RICHARDSON - Buoyed by a new name, a new home and fresh financing, a Richardson company plans to launch an online shopping service that will offer consumer products in some 2,000 categories, from clothing to sporting goods. Formerly called...

Eyemakers 'poised to succeed' in optical niche. (Eyemakers Inc.)
September 11, 1998... Dallas company plots aggressive strategy with 'one-door practice,' strong management team door practice," where the optometrist owns and profits from the sale of glasses, contacts and exams. NORTH DALLAS - Eyemakers Inc. sees a bright future...

Long-distance firm KTNT is scoring with state regulators. (KTNT Communications Inc.)
September 11, 1998... KENNEDALE - Despite a flurry of bad publicity and resistance from state consumer watchdogs, a Kennedale long-distance company is slowly winning the right to operate in various states under names like "It doesn't matter" and "I don't care."...

Air care medical service customized to thrive. (SB Air Medical Services Inc.)(Company Profile)
September 11, 1998... LOVE FIELD - It may be 2 a.m. when the call comes in. A gravely ill patient, perhaps a child, needs a quick trip into one of Dallas' major hospitals. A team springs into action. Ground personnel ready a plane for departure. The pilots head...

UP vacating top floor of Bank One. (Union Pacific Corp.; Bank One Center in Dallas, Texas)
September 18, 1998... DOWNTOWN -- Less than 16 months after moving its corporate offices to the top two floors of Bank One Center in Dallas, Union Pacific Corp. is planning to vacate half its leased space there. The company will move its finance department on...

Centex opens first specialty senior home. (Centex Corp.)
September 18, 1998... UPTOWN -- A senior-living subsidiary of giant homebuilder Centex Corp. has opened its first assisted-living residence in Texas and is plotting several others. The company, Centex Senior Services Corp. of Dallas, plans to carve out a niche...

Fort Worth group 'rolling up' small funeral homes. (Sentry Group Services Inc.)
September 18, 1998... FORT WORTH -- With $11 million in backing, a Fort Worth firm is quietly buying up funeral homes and cemeteries in a four-state region that includes Texas. Since its 1994 inception, Sentry Group Services Inc. has completed eight...

Airsopure Inc. growing fast with unique filtration system.
September 18, 1998... FAR NORTH DALLAS -- As the debate over public smoking laws blazes in local city councils, Dallas-based Airsopure Inc. is cutting through the haze with an advanced filtration system aimed at restaurants. Del Frisco's Double Eagle Steak House,...

Evercom plans IPO with its inmate-telephone business. (Evercom Inc.)
September 18, 1998... IRVING -- Despite stomach-churning gyrations in the stock market, the nation's largest independent provider of telephones for inmates is planning to go public. Evercom Inc. plans to raise a maximum of $125 million in a stock offering on...

T Bar M tournament to attract top tennis pros. (Opening of the T Bar M Racquet Club in Dallas, Texas)
September 18, 1998... FAR NORTH DALLAS -- After spending nearly $1 million on renovations, the 28-year-old T Bar M Racquet Club here is set to bring professional tournament tennis back to the Dallas-Fort Worth area for the first time since 1988. The Healthsouth...

General Wireless gets OK on reorganization. (General Wireless Inc.)
September 18, 1998... Judge approves route out of bankruptcy, but big hurdle for Dallas `C block' firm remains NORTH DALLAS -- A federal judge has given a tentative green light for General Wireless Inc., a wireless-phone provider, and its subsidiaries to emerge...

Sullivan's Steakhouse takes a swing at the Metroplex. (operated by Lone Star Steakhouse & Saloon Inc.; commercial center in Dallas, Texas)
September 18, 1998... Lone Star's 1940s, upscale steakhouse concept and next-door jazz club appeals to `fringe group' FAR NORTH DALLAS -- The owners of Del Frisco's Double Eagle Steak House are swinging back to the Metroplex with a steak-and-seafood concept aimed...

OmniAmerica's considering D-FW as headquarters site. (Dallas-Fort Worth, Texas)
September 18, 1998... GREATER DALLAS AREA --- A New Mexico operator of communications towers that's affiliated with Hicks Muse Tate & Furst Inc. is considering moving its headquarters to the Metroplex. OmniAmerica Inc., a privately held firm which in February...

Tower Records targets D-FW with Lemmon Avenue store. (Dallas-Fort Worth, Texas)
September 18, 1998... OAK LAWN -- Tower Records, the world's largest independent music retailer, is jamming its way into the Metroplex market. Tower will open its first 16,000-square-foot site this year in the former Trucker's Midtown Cafe at Lemmon Avenue and Welborn...

Mattress firm picks Oak Cliff site. (Posture Beauty Sleep Products)
September 25, 1998... OAK CLIFF -- In a coup for long-blighted southern Dallas, mattress manufacturer Posture Beauty Sleep Products will relocate its U.S. headquarters and manufacturing plant to the southern sector of the city. The privately held Posture Beauty...

Two-way paging might rescue ailing industry. (Dallas, TX, paging industry)
September 25, 1998... GREATER DALLAS AREA -- Has the cavalry finally arrived for the battle-weary paging industry? Some believe it has with the advent of two-way pagers, which, in addition to receiving phone numbers, can send and receive short text messages....

Temple-Inland nabs a piece of investment bank's parent. (acquisition of a stake in HBW Holdings Inc)
September 25, 1998... FAR NORTH DALLAS -- Diboll-based paper-products manufacturer Temple-Inland Inc. has purchased a 24.9% interest in Dallas-based HBW Holdings Inc., the parent company of local investment bank Hoak Breedlove Wesneski & Co. Neither...

Dallas BBB, state PUC score Accutel over billing and service. (Better Business Bureau; Public Utility Commission; Accutel of Texas Inc)
September 25, 1998... NORTH DALLAS A Dallas company that provides prepaid local telephone service is drawing flack from state regulators and the Better Business Bureau. The Better Business Bureau of Metropolitan Dallas says it has received 41 complaints about...

Pricewaterhouse firm plans to consolidate Dallas space. (PricewaterhouseCoppers LLP)
September 25, 1998... DOWNTOWN -- Two months after its creation by the merger of two Big Six accounting firms, PricewaterhouseCoopers L.L.P. is planning to consolidate its Dallas offices. Pricewaterhouse will increase its space in the Trammell Crow Center and...

Uniden subsidiary moves to D/FW International Center. (Product Support Services; Dallas/Forth Worth)
September 25, 1998... D/FW AIRPORT -- A company spun off from Uniden America Corp. has settled into an 80,000-square-foot warehouse near here, planning to boost its employment rolls from 80 to 150 by year's end. The company, called Product Support Services,...

Bill McCormack: 'reluctant manager' leads law firm to success. (Hughes & Luce LLP managing partner)
September 25, 1998... `Reluctant manager' leads law firm to success The firm that originally got Ross Perot's business because it was willing to work for a fixed monthly fee still offers to negotiate fees for some of its clients. DOWNTOWN--He rides a Harley...

Firm opens first 'Texas Marketplace' at D/FW. (Paradise Shops' store at the Dallas/Fort Worth International Airport)
September 25, 1998... D/FW AIRPORT -- Merchandise made by Texas-based artists and companies is being exclusively sold for the first time by a planned new chain of airport shops. Atlanta-based Paradies Shops opened its first Texas Marketplace at Dallas/Fort Worth...

D-FW health sector growing, study shows. (Dallas/Fort Worth, Texas)
September 25, 1998... GRAND PRAIRIE -- An updated look at the economic strength of the area's booming health industry will be revealed in early November. That's when the Health Industry Council of the Dallas-Fort Worth Region celebrates its 10th anniversary with...