Wednesday, December 3, 2014

Historic Trammell Crow estate in Highland Park for sale for $59.4 million

(Allie Beth Allman)
The Tudor-style home was built in 1912 and sits on more than six acres on Turtle Creek.
One of the Dallas-area’s most historic estates is up for grabs for the first time in more than half a century.
The Highland Park home of the late Dallas developer Trammell Crow and his wife Margaret is being listed for sale with Allie Beth Allman & Associates Realtors.
The property has a price tag of  $59.4 million, one of the highest prices ever asked for a Dallas-area home.
Built in 1912, the 10,000-square-foot, 5-bedroom house is located on more than six acres between Preston Road and Turtle Creek.
Following the death of Mrs. Crow in April, the family recently decided to put the creekside estate on the market, said her daughter Lucy Crow Billingsley.
“We’ve had it for over 50 years,” Billingsley said Thursday. “I grew up there.
“My treehouse is still there and all the memories of our youth,” she said. “But this is a place that needs to be loved and lived in.”
The Crow property is one of the most prominent estates along Turtle Creek. Along with the main house, there’s a guesthouse with 986 square feet and a 1,590-square-foot servants quarters located above the garages.
The living room in the historic Crow estate.
Nextdoor neighbors include Dallas Cowboys owner Jerry Jones and financier Edward “Rusty” Rose.
Over the years the house has played host to a parade of business and political figures.
The property back in the 1800s was owned by the pioneer Cole family, who had a log cabin on the land.
The Tudor-style mansion was first built Dallas businessman Henry Lee Edwards, who made his fortune in the cotton market.
The home was designed by Illinois architect C.D. Hill, who also did the Oak Lawn United Methodist Church, the old Dallas City Hall on Harwood Street and the Davis Building, originally Republic National Bank.
When the house was finished, the owners installed a gasoline pump because the property was so far out of town. The family kept cows and chickens on the land which was then out in the country.
After the Edwards, the house was home to Col Harry Stewart, who once owned the Stoneleigh Hotel and Maple Terrace apartments.
The Stewarts sold the estate to the Crows in 1961.
“Availability of a landmark site on one of Dallas’ best known streets is rare, ” said real estate agent Allie Beth Allman.  ”The setting is incomparable and includes a tree that is over 100 years old, dating to the founding of Highland Park. ”
The only Dallas-area residential property currently with a steeper price tag is financier Tom Hicks’ Preston Hollow estate.The 42,000-square-foot spread on the Dallas North Tollway is marked at $60 million.
It originally was listed for sale at $135 million but was reduced in price when some of the surrounding land was removed from the offering.
A 48,000-square-foot megamansion near Denton, Champ d’Or, that’s been on and off the market several times in recent years was offered for sale this summer at $35 million.
The landmark H.L. Hunt estate on White Rock Lake – a copy of George Washington’s Mt. Vernon -is up for grabs at $19 million.

An aerial photo of the neighborhood in the early 20th century.
By Steve Brown Dallas Morning News  stevebrown@dallasnews.com  

Monday, November 24, 2014

Scot football advances to area playoffs


Photo by Melissa Macatee
The Scots defeated Irving Nimitz 49-17 in the bidistrict round of the UIL 6A Division II state tournament Nov. 14, and will advance to the area round. HP will face undefeated Waco Midway at 7:30 p.m. Friday, Nov. 21 at Midlothian.  

Advance tickets will be available at the Highlander Stadium box office:
  • 1:30-3:30 p.m. Wednesday, Nov. 19 
  • 8:30-11:30 a.m. and 1:30-3:30 p.m. Thursday, Nov. 20
  • 8:30 a.m.-noon Friday, Nov. 21
Adult tickets will be $8 and student tickets will be $5 in advance.  All tickets will be $10 at the gate. There will be a $5 charge for parking, and HP is the visiting team.

The game will be broadcast live on KLIF 570 AM radio and on the Internet on iHeart Radio.

KTXD-TV Channel 47 will carry the game on a delayed basis at 11 p.m. Friday and again at noon Saturday, Nov. 22.

Click HERE for the playoff bracket.

Go Scots!

Monday, November 10, 2014

Scots win 6A team tennis state championship



 Nov. 10, 2014
Scots win 6A team tennis state championship 
 

The HPHS tennis team defeated Houston Memorial 10-4 in the semifinal round and New Braunfels 10-7 in the finals to win the UIL 6A state championship tournament Nov. 7. 

This championship is the Scots' first in Class 6A, after winning six consecutive 4A state titles. HP holds the UIL record with 16 state tennis championships. 

"To earn the first state championship in 6A is such a thrill and honor," Head Coach Dan Holden said. "I am so proud of the great season our kids had. They rose to the challenge and played like champions."

Cross country runners compete at state meet

The HPHS boys cross country team took 11th place at the state meet Nov. 8, with senior Rico Lara leading the team with an individual 18th place finish.

Hope McLaughlin represented the girls team and also posted an 18th place individual finish.

Lady Scot volleyball wins area, advances to regional quarterfinal match

The HPHS volleyball team defeated Garland Sachse (25-14, 25-22, 25-16) in the area round of the UIL state tournament Nov. 6. Sophomore Falyn Reaugh led the Scots with nine kills, senior Caroline Downing had eight, and junior Elizabeth Gilley posted seven.

The Lady Scots will advance to the regional quarterfinal round against Waco Midway at 7 p.m. Tuesday, Nov. 11 at Red Oak High School. Click HERE for a playoff bracket.

Scot football launches playoff run Friday
 
The Scots will face Irving Nimitz in the bidistrict round of the UIL 6A Division II state tournament at 7:30 p.m. Friday, Nov. 14 at Carrollton-Farmers Branch ISD's Standridge Stadium. HP will be the home team.

Advance tickets will be available at the Highlander Stadium box office:
  • 1:30-3:30 p.m. Wednesday, Nov. 12
  • 8:30-11:30 a.m. and 1:30-3:30 p.m. Thursday, Nov. 13
  • 8:30-noon Friday, Nov. 14
Adult tickets will be $6 and student tickets will be $4 in advance.  All tickets will be $8 at the gate.

The game will be broadcast live on ESPN radio 103.3 FM and on the web atkesn1033.com. Just click on "listen live" button.

Click HERE for the playoff bracket.

The Scots finished the regular season with a 9-1 record after beating Richardson High School 43-0 Nov. 7 at Highlander Stadium. The victory was the 84th straight win by the Scots at home.

Go Scots!

Thursday, October 23, 2014

Highland Park ISD looks at church land for new elementary


Kye R. Lee/Staff Photographer
The Highland Park school district proposal would buy about a third of Northway Christian Church’s property, but the church would stay on its site.
Highland Park ISD wants to purchase church property on Northwest Highway to build a new elementary school.
Superintendent Dawson Orr said Tuesday that the district is in “very productive conversation” with Northway Christian Church to buy 4.6 acres adjacent to the church building. He did not disclose the price.
The announcement comes after years of speculation about whether the school district could find property to expand, since there’s little vacant land in the pricey Park Cities. The site is in an area of Dallas that is part of Highland Park ISD.
The parcel is in Caruth Hills, a neighborhood near NorthPark Center. It’s on busy Northwest Highway, though there’s an access road buffering the property from traffic. It has a parsonage, handball court, baseball field and multipurpose activities building.
If the church and school district strike an agreement, Highland Park ISD would buy the land and fund construction through a bond package. The bond package could go to voters in May or November 2015.
Chris Nabors, a church member and liaison in the discussion, said “the district has approached the church many times over the last few decades.” He said officials approached the church again about 14 months ago.
Nabors said the timing seemed right. He said Northway Christian Church is in a strong financial position but could use the money for new programs or charity work.
“We were not contemplating a sale, but one of the missions of our church is weaving education into everything we do,” he said. “There’s a clear need for this fifth elementary school with the district, and we felt like it was worth having a conversation because we thought it could be a win-win situation for the community.”
If the plan goes forward, Northway Christian Church would stay on its site. The district would acquire about a third of its property.
Orr announced the plan Tuesday at a joint meeting of Highland Park and University Park officials. Dallas City Council member Jennifer Staubach Gates also attended the meeting because her district includes the parcel.
Student enrollment has increased in Highland Park ISD since the 1990s. Demographic studies indicate growth has been driven by the rising number of children in single-family homes — a trend that is expected to continue.
Highland Park ISD trustees are drafting a master facilities plan and have discussed options including school renovation, moving fifth grade to elementary schools and building a kindergarten campus.
Orr said the fifth elementary school would help relieve crowding at the other schools and free up space for new programs, such as Spanish classes.
The land is zoned for residential use, and the district would need to receive a specific use permit from Dallas City Council to build a school there.
Nearby houses have pumpkin decorations on their doors and strollers and scooters parked in their yards. Some have signs that say “Home of a Hyer Husky,” the name and mascot of the local elementary school.
Laura Tyson, who lives blocks from the site, said she would love to see an elementary school built nearby. Tyson, who has a 3-year-old daughter and 2-year-old son, moved into her home in 2012 to be in the academically high-achieving school district.
“Everybody is talking about it, and for the most part, it’s very positive — mostly because of convenience,” she said. But, she said, people who live farther down the street and send their children to Dallas ISD may feel differently.
Meredith Ridgway, a Highland Park ISD mother who also lives nearby, said the new elementary school could increase property values. She said she’s not concerned about congestion, since the parcel is large.
“If you look at University Park [Elementary], if you look at Bradfield [Elementary], those are tight and congested areas and they find a way to make it work,” she said.
She said some parents, especially Highland Park ISD alumni, may be disappointed to send their children to a school other than Hyer Elementary.
Highland Park ISD students have close ties to their elementary schools, each of whichhas a mascot. Parents can join preschool associations affiliated with an elementary campus when their children are infants and toddlers.
But Ridgway said parents will probably warm up to the new school after looking at blueprints and hearing a school name and mascot.


Tuesday, October 7, 2014

The Dallas-area had one of the country’s largest home price gains in a new comparison by CoreLogic.

The Dallas-area had one of the country’s largest home price gains in a new comparison by CoreLogic.
Dallas home prices were up 9 percent in August from a year earlier in the annual price report.
The increase was the fifth highest among the markets CoreLogic surveyed.
Nationwide prices were up 6.4 percent in August from the same month in 2013.
Home prices are now at record levels in Texas and eight other states.
The greatest price gains in the nation were in Houston, 11.4 percent, and Riverside, Calif., 11.2 percent.
“Major metropolitan areas such as Riverside and Los Angeles, California, and Houston continue to lead the way with strong price gains buoyed by tight supplies and a gradual rebound in economic activity,” Anand Nallathambi, president and CEO of CoreLogic, said in a statement.
By Steve Brown, Dallas Morning News

Saturday, September 27, 2014

ALERT: 60% Of All Home Purchases Are “Cash Only” – A 200% Jump In Five Years

Remember when housing was the primary aspirational asset for a still existent US middle class, to be purchased with some equity down by your average 30 year-old hoping to start a family in his or her brand new home, and, as the name implies, aspire to reach the American dream? Those days are long gone. Back in those days the interest rate on the 10 Year bond mattered as it determined the prevailing marginal affordability of leveraged real estate. That is no longer the case, at least not for about 90% of Americans, because as Goldman shows, while before the great crisis only 20% of home purchases were “all cash”, since then the number has soared threefold, and currently the estimated percentage of cash transactions (by count and amount) has hit a record 60%. In other words, less than half of all home purchases are debt-funded, and thus less than half of all home purchases are actually representative of what middle-class America is doing.

Goldman’s take:
  • The estimated cash transactions as percent of total home sales both by transaction count and by transaction dollar amount. Relative to the pre-crisis years, percent cash transactions has risen by about 30 percentage points. This change is broadly in line with the increases suggested by DataQuick data. The 30 percentage point increase in percent cash transactions explains almost the entire decline in the “mortgage per dollar transaction” series (with the remainder explained by small changes in average LTV ratios per mortgage). We do not have data to assess who these all-cash homebuyers are, but presumably investors who have been purchasing distressed properties and turning them into rental units have played an important role.

The WSJ has a few thoughts to add:
  • The surprisingly large cash-share of purchases helps to explain why home sales have jumped over the past two years despite more muted increases in broad measures of new mortgage activity, such as the MBA’s mortgage application index.
  • There’s no exact way to know who is responsible for all of these cash purchases, though they are likely to include some combination of investors, foreign buyers, and wealthy homeowners that don’t want to go through the hassle of getting a mortgage before closing on a sale. Mortgage lending standards have sharply tightened up since the housing bubble, with banks scrutinizing borrowers’ tax returns and bank statements to verify their incomes and the source of their down payment.
  • Our personal thoughts: just like the stock market has been levitating on zero volume and virtually no broad distribution, so the entire housing market appears to have morphed into a “flip that house” investment vehicle used by the usual suspects (wealthy foreign oligarchs abusing the NAR’s anti-money laundering exemption to park their stolen funds in the US, government sponsored firms such as BlackStone using near zero cost REO-to-Rent subsidies, and other 0.01%-ers) who piggyback on cash flows deriving from alternative cheap credit-funded investments and translate their profits into real-estate investments.
  • It also means that if nobody used leverage (i.e., mortgages) to buy houses before, they certainly won’t do it now, all the more so with interest rates soaring and purchase affordability imploding in front of everybody’s eyes.
  • Finally, due to the very thin marginal source of bidside interest (flipper flipping to flipper and so on), it means that most of America has not participated in this mirage “recovery”, and all it will take to send the buoyant housing market crashing is for the one marginal buyer to become a seller. What they will next find, is that when dealing with a bidside orderbook that has zero depth, one indeed takes the escalator down from where the lofty heights achieved courtesy of Fed-funded stairs.
Source::zerohedge.com

Friday, September 26, 2014

Tell Me Your Real Estate Story: Former Art Teacher Injects Cozy Style Into Lake Highlands Semi-Detached

Jane and Daniel Cheek
Jane and Daniel Cheek with sons Ike (1) and Abe (3). (Photo: Maryam Salassi)
I got to know Jane Cheek and her cute little boy, Abe, when she was teaching a toddler art class in East Dallas a little over a year ago. This talented stay-at-home-mom, a former art teacher, came up with the cutest ideas for crafts for our little buggers. When she and her husband, Daniel, bought a home up in Royal Highlands Village, I adored watching her transform their three-bedroom semi-detached into a gorgeous property. She managed to do it just months after having her second little boy, Ike, too.
Now with two boys and another bun in the oven, Jane and Daniel Cheek are moving back to their hometown of Raleigh, N.C. Our loss was some other homebuyer’s gain, as their adorable home was snapped up in a matter of days, all due to the brilliant marketing of Keller Williams Elite agent Vicki White.
Read on for their real estate story …
9503 Summerhill Front
Photos of 9503 Summerhill: Shoot2Sell
Great open floor plan.   Wonderful see thru fireplace between diGreat family room with windows overlooking deck, crown mouldingwindows overlooking backyard and sliding door leading to sunroom
Full name: Jane Cheek
Age: 31
Family: Husband, Daniel; son, Abe (3); son, Ike (1); dog, Sully (10)
Location: Royal Highlands/Lake Highlands
Price Range: $175,000 – $200,000
Agent: Vicki White
Tell us a little background on this home, and your reason for moving: We moved into our 1978 Lake Highlands duplex 1 year ago, after my husband’s career brought us to Dallas from North Carolina. When we purchased our home, we had no idea that his career would take us home to North Carolina a year later; so after living in our home about 10 months, we put it on the market and started packing up.
Why did you choose this particular home? This home had a perfect mix of location, affordability, and low maintenance. We loved the open floor plan and I was particularly smitten with the diagonal planking on the stair wall and on the front door.
galley kitchen has large island with electric cooktop.Breakfast area included in kitchen.Wet barSunroom great for artists studio or home schooling
Why did you choose your neighborhood? When we first moved to Dallas, we leased a home in the Lakewood neighborhood of East Dallas, and we fell in love with East Dallas’ homey feel, all the trees, the lake, and the whole laid-back feeling of the area. When we decided to buy a home, my husband had just been transferred from Garland to Carrollton and the Royal Highlands neighborhood has really great access to 635, which allowed us to stay in East Dallas and make my husband’s commute to Carrollton a little bit easier.
What shocked you about the sales process? I was completely surprised at how quick and painless the process was, how thorough our photographer was, and how extensive the marketing plan was with Vicki White and her team. Our house is scheduled to close two weeks after we listed it, so the turnaround time was shockingly quick.
Master bedroom has 2 walk in closetsMaster bath9503 Summerhill DeckNice sized backyard
What pleased you? We were very impressed with the courtesy of the Realtors that showed our home. It was always locked up, everything with always neat, and the lights were always off when we returned. We were extremely happy with Vicki and her sales team, and the wonderful job they did
What aspects of your move have been an adjustment for you? Did you buy with renovating in mind?Adjusting to keeping a house spotless with two young kids, a dog, and a messy husband running around was the biggest challenge. Other than that, the process was quite painless. We did have plans to renovate the kitchen of our home ourselves. We started those plans but did not have time to finish them so the appliances and counters are 1970s originals still.
If you had to do it all over again, what would you do differently? I honestly cannot think of anything that I would have done differently; this situation has worked out really, really well.

Wednesday, September 24, 2014

Responding to our community's questions on literary selection A message from Superintendent Dawson Orr & HPHS Principal Walter Kelly

Recently, we have seen a vigorous debate and considerable media coverage regarding literature selection at Highland Park High School. On behalf of all of us in Highland Park ISD, we thank you for caring so passionately about the education of your children. One of the hallmarks of our district is parental involvement, and your engagement and partnership are valuable to us.

We want to acknowledge the controversy that has been building around the literature selection process and to also acknowledge that it is a topic worthy of informed discussion and careful consideration. As you would expect, the opinions are wide-ranging, and the goal of reaching consensus will require effort and understanding.

Over the past few weeks, we've received many questions about literature selections, and we want to share the answers and facts with our entire school community and the public:

Q: How is literature selected for classroom use?

A: For about two decades, HPHS English Department faculty members have worked with parents to compile a list of books ranging from the ancient work of the Greek poet Homer to the work of contemporary authors, such as Malcolm Gladwell. Since 2005, the process has become more formal, with the establishment of parent-teacher literature review committees. When new books are proposed for use in the classroom, the committees read the literature and produce a written rationale that details the instructional merits of the work. The rationale report also lists any potentially controversial content.

Q: What titles are on the approved book list?

A: Here is a link to the list , which includes books that are:
Required reading (studied and discussed in the classroom)
Recommended outside reading (summer and supplemental reading lists from which students may select a title)
Supplementary materials (excerpts from larger works, short stories or poems, which are selected to extend students' understanding of the elements of the required reading).
The list, which contains more than 200 titles, is a resource for teachers to use when selecting literature for instruction. Not all the titles in the list are being currently used.

Q: Do Highland Park High School students still read classics and other long-recognized works of literature?

A: Absolutely. Our faculty is committed to teaching the classics, along with contemporary work. The goal is for students to study ongoing themes that span many centuries of literature. Click here to view a list of all the pieces of literature currently being used in HPHS English classes.

Q: What steps has the district taken to make this process more transparent and to support the informed choice of parents?

A: In effort to be transparent and to provide parents with more information, the following steps have been taken:
Approved book list: The approved book list, which was previously an internal resource for teachers to use when deciding what literature to use in the classroom, has been published online.
Rationales (reports that list the merits and potentially controversial content of literature): We have been working to retrieve, scan and post all the rationale reports that exist. Because the formal introduction of text rationales has only been in place for approximately 10 years, not all the works have rationales, especially some of the long-accepted classics. Examples of classic works that do not have rationales include All My Sons by Arthur Miller, Of Mice and Men by John Steinbeck and The Tempest by William Shakespeare.
Book list audit and update: This summer, we audited the book list to make updates and corrections. The decision was made to remove Nineteen Minutes. We also discovered that The Perks of Being a Wallflower had not been reviewed and therefore decided that it would not be taught.
Q: Have any challenges been withdrawn?

A: Yes. Today, the individual who was challenging The Glass Castle withdrew the challenge, so we will continue to use the book.


Q: What books have been temporarily suspended from use?

A: The titles below were brought into question, and, although only two of them are currently being taught, they are all being suspended from use, pending review by reconsideration committees.
The Absolutely True Diary of a Part-Time Indian - Sherman Alexie
An Abundance of Katherines - John Green
The Art of Racing in the Rain  - Garth Stein
Siddhartha - Hermann Hesse
Song of Solomon - Toni Morrison
The Working Poor: Invisible In America - David K. Shipler
Q: Why were the books temporarily suspended?

A: The debate had become very heated, and it was highly disruptive to our work at the high school and the district. The goal behind the decision was to de-escalate the conflict and to create some space for dialogue.

Q: Have there been any changes?

A: Yes. Today, the individual who was challenging The Glass Castle by Jeanette Walls withdrew the challenge, so we will continue to use the book.

Q: What is the immediate effect on students and teachers?

A: Only two of the books that were suspended (excluding The Glass Castle, which is no longer being challenged) were scheduled for use this school year. The four remaining books are not being taught. So, although the challenges to those four have no immediate effect on instruction, we will appoint reconsideration committees to review the books this school year.

The Art of Racing in the Rain was slated for use this semester, and three classes (63 students) had started studying the book. The unit covered the concept of a unique point of view (The Art of Racing in the Rain is narrated by a dog). The students had read more than half of the book, and they were able to complete their assignment, which required them to narrate from a unique viewpoint, such as an animal or inanimate object. The students turned in their work and went on to the next study units, which include the study of What the Dog Saw by Malcolm Gladwell and The Allegory of the Cave by Plato. We appreciate the flexibility on the part of the faculty members and students who were affected.

The Working Poor: Invisible in America is scheduled for use in the spring. It is our goal to have completed the reconsideration process by then so that valuable instructional time is not interrupted.

Q: How will parents know what their children are reading?

A: All works are listed in course overview and syllabi, which are posted online. In addition, some titles that contain material that some parents might find unsuitable for children require parent permission forms. Alternative texts are available upon parent request.

Q: What is the policy and process for challenging books?

A: A parent, employee or any district resident may formally challenge an instructional resource on the basis of appropriateness. The formal reconsideration process, including the formation of a reconsideration committee, is detailed in Local Policy EFA.

The corresponding exhibit includes the one-page request for reconsideration of instructional materials form . This form must be filled out and delivered to HPISD Director of Assessment and Language Arts and Reading Coordinator Dr. Denise Beutel to start the reconsideration process.

Q: Who will review the challenged books?

A: The challenged books will be reviewed by the reconsideration committees, which will be appointed by campus and district administrators. We are committed to appointing committee members who represent a variety of viewpoints. We anticipate approximately 10 members per committee with representatives including parents, faculty and staff and counselors. We are encouraged to see that several students are interested in serving, and we plan to include them on committees, as well.

Q: What are the possible outcomes?

A: There are three possible outcomes, based on the recommendation of reconsideration committees:
A book may be recommend for unrestricted classroom use
A book may be recommended for restricted classroom use (based on course level)
A book may be removed from the approved list

Q: What is the timeline?

A: We expect the two books that are scheduled for classroom use to be reviewed by the end of the fall semester. We will also put together committees to review the four remaining books by the end of the school year.

In conclusion, we thank you for taking the time to learn more about how we make decisions about the books our students study. Our intention is always to select high quality, engaging literature. This is a complex and challenging issue, and we are committed to doing the work to make informed and collaborative decisions with all of our students in mind.

Sincerely,

Dr. Dawson Orr
Highland Park ISD Superintendent

Walter Kelly
Highland Park High School Principal


Wednesday, September 17, 2014

Fellowship of Christain Athletes Speaker Tonight at Luthern High School Dallas, TX

Tonight the Fellowship of Christian Athletes has a special speaker, Lisa Burkhardt Worley.  Lisa is an author and speaker, and is the founder of Pearls of Promise Ministries, a ministry with a goal of helping women overcome dysfunction and trials in their lives through the strength of Christ.

Lisa is a former national and local sportscaster, working nationally for HBO Sports on the program, Inside the NFL and as a freelance reporter for ESPN.  She was also an anchor and reporter for the Madison Square Garden Network, KENS-TV in San Antonio, Texas and WTVC-TV in Chattanooga, Tennessee.

After television, God led Burkhardt-Worley into full-time ministry.  She shares her testimony with and provides inspirational messages for men and women across the southern United States.  She has co-authored two books, the Pearls of Promise devotional, and a new book, If I Only Had...Wrapping Yourself in God's Truth During articles published in national Christian periodicals.

Lisa earned a Master's of Theological Studies degree from Perkins School of Theology, graduating Magna Cum Laude in 2008.


We are very honored to have Lisa come and speak to our group.    Please encourage your son / daughter to attend.  Our FCA meeting starts at 7:30 pm in Klekamp Hall.  EVERYONE IS INVITED!

Dallas Lutheran School
8494 Stults Rd.
Dallas, TX 75243

Monday, September 15, 2014

Three North Texas cities rank highly as places to retire

Best Cities for Retirement
Slides by Megan Ribbens
Grand Prairie ranked high in the survey for number of doctors and nurses per capita, fair weather and low violent crime rate.
Are you looking forward to trading 40-hour grind for weeks of relaxation? Is it about time to wrap up your career and take some time for yourself?
Good thing you’re in Dallas-Fort Worth, where three suburban cities ranked among the top in the U.S. for retirement.
The personal finance website WalletHub produced the report, which ranked 20 of the 150 largest cities by population. Criteria for the list included affordability, quality of life, access to healthcare, activities for retirees and number of available jobs.
But wait. These are the golden years. Why would a retirement survey look at jobs?
Other studies conducted by WalletHub have found that too much of a good thing – including rest and relaxation – can be a bad thing. Many retirees find they want to return to work or take jobs to supplement their fixed incomes.
“Retirees get bored and want to fill their time, so they get a part-time job or find volunteer opportunities,” said Richie Bernardo, financial writer for WalletHub.
Grand Prairie took second place in the survey, ranking highly for the number of doctors and nurses per capita, fair weather and low violent crime rate.
Plano took ninth and Garland ranked 14th in the survey for similar reasons, Bernardo said.
But there were factors that kept the North Texas cities from taking the top spot, which went to Tampa, Florida. All three have low numbers of retirees and have a higher death rate among people ages 65 and older.

SMU receives more than $4M for Tower Scholars program

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hillsman jackson
The Tower Scholars Program received more than $4 million in endowments, including $2 million from Highland Capital Management.
Southern Methodist University’s Tower Scholars Program received more than $4 million in endowments thanks to Highland Capital Management and other charitable foundations.
Highland donated $2 million to the program through the Highland Capital Management Endowed Tower Scholars Program Fund. Ten sophomore students will be chosen each year, starting this fall, to take part in the program.
“This is the first time we’ve received a gift from Highland,” said Robin Maness, executive director for principal gifts at SMU. “We want them to be engaged as much as they want to be associated with the program.”
Participants will study domestic and foreign affairs, national security and defense and international political economy, finishing with a minor in public policy and international affairs.
The Hamon Charitable Foundation donated $1 million toJake L. HamonEndowed Internship Program in the Tower Scholars Program Fund. A $1 million gift from the Berry R. Cox Family Foundation will also support the program and give operational support.
Additionally, the program received $400,000 from various other sources that will help the Tower Scholars Program operate before the endowments fully mature.
“Obviously this is a very exciting program for SMU and this endowment will help support the activities with it through travel, research and more,” Maness said.
The Tower Scholars Program is part of SMU’s John Goodwin Tower Center for Political Studies, created in honor of the late U.S. SenatorJohn Tower. It educates students from middle school through post-doctorate and provides them with hands-on research in domestic and foreign policy. Classes, seminars and public lectures are also offered to the public through the center.
Tower attended graduate school at SMU, receiving a Master of Arts degree in 1953, and served in the U.S. Senate from 1961 to 1985, defeating incumbent William Blakley for the seat in a special election following Lyndon B. Johnson's election as vice president in the John F. Kennedy administration. Tower died in 1991 in a plane crash near Brunswick, Georgia, along with his daughter, Marian, astronaut Sonny Carter and 20 other people.

Southern Methodist University prepares to start new Simmons building


SimmonsRenderingSubmitted rendering
The new three story, 40,000-square-foot building, which includes classrooms, labs, offices and conference rooms, will sit on SMU's campus along Airline Drive


Southern Methodist University is preparing to break ground on the new Harold Clark Simmons Hall, which is the second building for the Annette Caldwell Simmons School of Education and Human Development.

The new facility is named for Simmons after the university received a $25 million gift from Annette Caldwell Simmons and the late Harold C. Simmons in February 2013, which is funding the new building and three new endowed academic positions.

The Simmons donation will give the school the ability to help teachers optimize their impact on children's education, said David Chard, the Leon Simmons endowed dean of the Simmons School.

"It will also serve as a hub of community-based programs, allowing us to expand our understanding of the relationship between schools and the communities they serve," Chard said, in a written statement.

Harold and Annette Simmons' donations totaling $45 million is the largest in the university's 100-year history. The Harold Simmons was the founder, chair and CEO of Contran Corp., a holding company with interests in an array of industries.

The new three story, 40,000-square-foot building, which includes classrooms, labs, offices and conference rooms, will sit on SMU's campus along Airline Drive. Construction is scheduled for completion by late 2015.

The university plans to hold a groundbreaking ceremony at 1 p.m. on Friday.
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