Here’s a fun fact about Jonas Woods, the founder and CEO of Woods Capital. In 1996, when he was just 26 years old, he was named president of the Dallas Mavericks, a position he held for about three months. His boss, Ross Perot Jr., had just purchased the NBA team as part of his push to develop Victory, anchored by American Airlines Center.
Four years later, the team was sold to Mark Cuban. Meantime, Perot tapped Woods to oversee development of the arena and the mixed-use space surrounding it. The arena opened in 2001, and a W hotel followed a year later; restaurant, office, residential, and high-end retail followed.
In 2007, after 13 years with Hillwood, Woods struck out on his own to form Woods Capital. The firm has since completed billions in property acquisition and development deals covering all the major real estate food groups. One of his biggest moves was acquiring the former Thanksgiving Tower (now Santander Tower) and reinventing it as vertical mixed-use to include both hotel and, soon, residential space. Similar efforts are now underway at Bryan Tower and Comerica Bank Tower.
For the impact he has had—and continues to have—in bringing vibrancy to key areas of the city, D CEO is pleased to honor Woods with its 2023 Pioneer Award, the highest honor in its Commercial Real Estate Awards program. He will be presented with the award at an exclusive March 28 event and profiled in the magazine’s April issue.
Click here for more information on D CEO’s Commercial Real Estate Awards, including a complete list of finalists for 2023.