The Star in Frisco will soon be home to Comerica Bank’s new Class A+ Business and Innovation Tower, which will house approximately 300 Comerica employees. Construction has begun on the project, and Comerica, which reported $86.9 billion in assets this June, plans to open the center in Q4 2023 or Q1 2024.
Comerica’s technology, product management and front-line business units will relocate to the new headquarters. The company’s HR department will also set up a new training and interview center at the center. Executive offices, commercial banking, wealth management, lending and several other business units will continue to operate from the Comerica Bank Tower in downtown Dallas.
“Frisco is known for creating an exceptional environment for businesses to thrive,” said Brian Foley, president of Comerica Texas Market. “The center’s on-site amenities and prominent location will help support our company’s vision for future growth, including our ability to attract and retain top talent.”
The company plans to invest in diversity as well. Last week, Comerica Bank launched The Dallas Small Business Diversity Fund, a $1 million investment from Comerica Bank that will target Dallas County women and minority-owned businesses with two or more years of operation.
The world’s largest hot rod association is moving its headquarters to Texas Motor Speedway
The Goodguys Rod & Custom Association, which produces some of the most well-attended auto shows in America, has moved its corporate headquarters from Pleasanton, Calif., to the ten-story Lone Star Tower in Fort Worth, overlooking the Texas Motor Speedway.
Goodguys hosts 15–22 multi-day events across the country, attracting approximately 50,000 show cars and 500,000 spectators annually. The 25th event the group has hosted at Texas Motor Speedway will take place this year. The association left its 20-year home on the West Coast to be more centrally located as it continues to expand its reach across the U.S.
“It’s bittersweet,” said Goodguys COO Andrew Ebel. “Our time in Pleasanton marked the growth of a dream that grew out of the Meadors’ family living room in the 1980s, and that period will always be part of the Goodguys legacy. This move allows us to operate in a more central location in the middle of the United States, which is consistent with our national member base and event series, along with our growth in more motorsports-related features at our shows. We love our Texas friends and are proud to call the Lone Star State our home.”
The association’s first event as a TMS principle is the Summit Racing Lone Star Nationals, which takes place September 16-18 at Texas Motor Speedway.
La La Land Kind is opening its fifth DFW cafe, its first drive-thru location
Dallas-based coffee shop chain La La Land Kind will open its fifth DFW location in Richardson tomorrow, September 17th. This will be the brand’s seventh location in Texas.
The Campbell Road location near the University of Dallas is La La Land Kind’s first drive-through and pedestrian-only location and will be the starting point for the Drive By Kindness initiative. The plan aims to spread and normalize kindness by capitalizing on the idea that ordering a to-go coffee can be a person’s only daily interaction with strangers.
Led by young CEO Francois Reihani, La La Land Kind is known for its eight-week internships that provide professional and life skills and training to foster youth who are about to age out of the system. Since founding its flagship location in Lower Greenville, the brand has expanded into the Los Angeles and Houston markets, in addition to its five DFW locations.
The Cotton Bowl Foundation and College Football Playoff Foundation announce new grants
In honor of Extra Yard for Teachers Week, which runs Friday, September 16 through Saturday, September 24, the Cotton Bowl Foundation and the College Football Playoff Foundation – both based in Dallas – will award $200,000 in grants to organizations focused on education. These include: a $50,000 grant for the University of North Texas at Dallas’ Call Me Mister program, a $50,000 grant for urban teachers and a $100,000 grant for Educate Texas.
The grants are intended to help these organizations combat the nationwide teacher shortage. In Texas alone, 43,000 teachers left the profession during the 2021-2022 school year, according to the Texas Education Agency.
The College Football Playoff’s Extra Yard for Teachers platform has invested more than $57 million to date in support of educators. Overall, the organization has supported more than 450,000 teachers and 9.2 million students nationwide.
East Dallas will welcome two new Mexican concepts, including Omar Flores’ Muchacho.
Todd Interests’ East Quarter project will add Dallas-based Tex-Mex restaurant Muchacho to its tenant roster. The restaurant, which will be located at the corner of Cesar Chavez Boulevard and Jackson Street, will open in the third quarter of 2023.
Created by James Beard-nominated chef Omar Flores, Muchacho in the East Quarter will be the Tex-Mex brand’s third location in DFW.
The area will soon welcome La Neta Cocina Y Lounge at The Epic, the brand’s first location outside of Las Vegas. The concept of the hotel company 81/82 Group will open its doors in early 2023.
Ben Swanger is an associate editor at D chief executive officerthe company title of Magazine D. Ben is driving Dallas 500…
Kelsey J. Vanderschoot came to Dallas by way of Napa, Los Angeles, and Madrid, Spain. A former teacher, she joined the…