Frontier Communications, the $6 billion pure-play fiber provider, is relocating its headquarters from Norwalk, Connecticut, to Dallas. Frontier CEO Nick Jeffery joined Frontier in March of 2021, as it was emerging from bankruptcy, and started bringing talent to Dallas to revive the company. Under the leadership of its new executive team, Frontier—with 15,000 employees—has become the largest fiber pure play provider and today is the second-largest fiber builder in the country.
“It’s official—Dallas is now home,” Jeffery said. “Moving our headquarters to Dallas makes good business sense, given the city is already home to hundreds of our corporate employees and sits in the middle of one of our most important fiber markets. With a fast-growing economy and large, diverse pool of talent, Dallas is quickly becoming one of the nation’s top business cities. We’re proud to be part of it.”
As part of its headquarters relocation, the company is investing in a new 95,000-square-foot office space—dubbed the GigaHub—in Uptown Dallas. Its Dallas hub, which is home to the company’s CEO, executive leadership team and hundreds of corporate employees, was designed to create a high-performing culture for top talent to lead its transformation. Over the next 10 years, Frontier’s relocation is projected to boost the local and state economy by $3.8 billion and secure thousands of jobs in the Dallas area.
Following the relocation, Frontier plans to continue spending approximately $1 million per week to upgrade and improve its fiber-optic network in the Dallas metropolitan area. The economic benefits of fiber deployment include increasing home values and attracting new businesses, particularly in high-tech industries.
“Fiber is by far the best broadband technology,” Jeffery told D CEO. “And fiber penetration in the U.S. is only 35 percent. There’s so much market to shoot for.”
DFW-based Gold Medal Pools Makes 21st Acquisition
Gold Medal Pools, a DFW-based swimming pool maintenance, design, construction, and renovation company has acquired Champion Pool Service and Foley Pools Service and Maintenance Division. Gold Medal Pools, which was founded as a family-owned small business is now one of the largest pool companies in North America thanks to the acquisition. It is the 30-year-old company, which was founded in 1997.
Champion Pool Service is the U.S.’s largest pool home warranty contractor, providing services for all major home warranty companies. Foley Pools is a Prosper-based company specializing in building and designing pools, outdoor living, and landscaping.
In the past three years, Gold Medal Pools has more than quadrupled its customer base. “Many pool company owners struggle to make service and maintenance lines of business profitable. Through the commitment of our financial partners, investments in infrastructure, and our talented team members, we’ve created a flexible model that allows owners to preserve their legacy and provide life-changing liquidity,” said Josh Sandler, CEO of Gold Medal Pools.
Mercer Boardwalk Announces First Three Dining Options
Centurion American, the firm behind the development of Mercer Boardwalk, the mix-used project spanning 370 acres in Farmers Branch, has announced the first three of its dining venues slated to open this fall.
- Barrel & Bones Craft Bar and Smokehouse: this will be the fourth Dallas location
- Black Agave Cocina y Cantina: The Tex-Mex and traditional Mexican cuisine is making its debut
- Dough Bro’s To Go: offers pizza, pasta, and other Italian dishes
“Our neighbors in Farmers Branch and the surrounding communities are sophisticated and well-traveled diners, and we are pleased to bring a variety of cuisines and experiences to the area,” Mehrdad Moayedi, CEO of Centurion American Development Group, said. “Additionally, Mercer Boardwalk’s location on LBJ Freeway makes this a true destination for diners from across North Texas.”
Mercer Boardwalk will feature eight or more dining destinations and extensive retail when the 62,378-square-foot development is complete.
Fort Worth’s Higginbotham Enters Ohio Market
Independent insurance, financial and HR firm Higginbotham has entered the Ohio market through a partnership with Ohio-based Community Insurance Group. With this latest move, Higginbotham now has a presence in 16 of the 50 states in the US.
“At Higginbotham, we’re committed to transparency and authenticity—and we look for partners who share those beliefs,” said Rusty Reid, chairman and CEO of Higginbotham. “The hallmark of a Higginbotham partner is a strong business backed by genuine care for the customer and their community.”
Higginbotham is celebrating its 75th year in business in 2023. For three straight decades the company—which has 2,500 employees—has experienced 20 percent year over year growth.