2018 HALL OF FAME INDUCTEES
Mr. Tobin C. Grove
President
KDC
Toby Grove is the President of Dallas-based KDC. Grove is responsible for the oversight of corporate development, acquisition and financing activities, and is involved with strategic planning and new business development for the company. He is also responsible for the firm’s daily operations, including all regional offices.
Since joining the company in 1994, Grove’s experience with KDC encompasses the development, acquisition, disposition and financing activities for more than 33 million square feet of office and industrial projects as well as the development or sale of more than 5,000 acres of land.
KDC’s largest project in development is CityLine, a 186-acre, mixed-use project in Richardson, Texas. The transit-oriented development includes nearly 50 dining and retail service options with Whole Foods as the retail anchor; 1,000 apartments with another 1,000 under construction; a 148-room select service Aloft Hotel; a wellness office building anchored by Texas Health Resources, Children’s Health; a fitness center; an urban plaza; a 3.5-acre park with trails and five large outdoor sculptures. CityLine is also home to State Farm and Raytheon. At full build-out, CityLine will contain five million square feet of office space, 3,925 multi-family residential units, two hotels, and two parks with access to regional hike and bike trails. Approximately 30,000 people are expected to live and work at CityLine.
KDC along with Karahan Cos. and Columbus Realty formed “Team Legacy” to develop Legacy West, a 240-acre mixed-use project in Plano, Texas. JPMorgan Chase’s corporate campus is currently under development at the project, which also includes Liberty Mutual’s regional headquarters, Toyota’s new North American Headquarters, and FedEx Office’s corporate headquarters.
In Dallas, KDC is developing a 250,000-square-foot office tower at “The Epic,” a mixed-use, transit-oriented project on eight acres in the vibrant Deep Ellum neighborhood, as well as an office building within the $200 million West Love mixed-use development near Dallas Love Field Airport. In addition, KDC has announced a partnership with Seritage Growth Partners to develop up to one million square feet of premier office space in Dallas Midtown. Plans have also been released in partnership with Hoque Global for the Dallas Smart District, a master-planned urban neighborhood with more than 20 acres in Downtown Dallas.
In Irving, Texas, KDC currently has two projects under construction: a 1.125-million-square-foot headquarters for Pioneer Natural Resources at the Hidden Ridge development, and a 155,000-square-foot Class A medical office complex for Healthcare Associates of Texas. Construction is underway on a 460,000-square-foot, Class AA office tower in downtown San Antonio, the city’s first in 30 years, that will serve as Cullen/Frost Bankers Inc.’s corporate headquarters.
Outside of Texas, KDC is currently developing Park Center, a 17-acre transit-oriented development in Dunwoody, Georgia, in which State Farm currently occupies 585,000 square feet of office space. KDC is in the second phase of construction, which will include two additional towers totaling 1.2 million square feet. State Farm will occupy both towers, along with the already completed tower in the first phase.
Grove was named a Best Boss in the Business by Real Estate Forum in 2016. He earned a Bachelor of Business Administration in real estate and finance from Southern Methodist University. Away from the office, Grove enjoys spending time in the mountains, skiing in the winter and biking in the summer.
Toby Grove is the President of Dallas-based KDC. Grove is responsible for the oversight of corporate development, acquisition and financing activities, and is involved with strategic planning and new business development for the company. He is also responsible for the firm’s daily operations, including all regional offices.
Since joining the company in 1994, Grove’s experience with KDC encompasses the development, acquisition, disposition and financing activities for more than 33 million square feet of office and industrial projects as well as the development or sale of more than 5,000 acres of land.
KDC’s largest project in development is CityLine, a 186-acre, mixed-use project in Richardson, Texas. The transit-oriented development includes nearly 50 dining and retail service options with Whole Foods as the retail anchor; 1,000 apartments with another 1,000 under construction; a 148-room select service Aloft Hotel; a wellness office building anchored by Texas Health Resources, Children’s Health; a fitness center; an urban plaza; a 3.5-acre park with trails and five large outdoor sculptures. CityLine is also home to State Farm and Raytheon. At full build-out, CityLine will contain five million square feet of office space, 3,925 multi-family residential units, two hotels, and two parks with access to regional hike and bike trails. Approximately 30,000 people are expected to live and work at CityLine.
KDC along with Karahan Cos. and Columbus Realty formed “Team Legacy” to develop Legacy West, a 240-acre mixed-use project in Plano, Texas. JPMorgan Chase’s corporate campus is currently under development at the project, which also includes Liberty Mutual’s regional headquarters, Toyota’s new North American Headquarters, and FedEx Office’s corporate headquarters.
In Dallas, KDC is developing a 250,000-square-foot office tower at “The Epic,” a mixed-use, transit-oriented project on eight acres in the vibrant Deep Ellum neighborhood, as well as an office building within the $200 million West Love mixed-use development near Dallas Love Field Airport. In addition, KDC has announced a partnership with Seritage Growth Partners to develop up to one million square feet of premier office space in Dallas Midtown. Plans have also been released in partnership with Hoque Global for the Dallas Smart District, a master-planned urban neighborhood with more than 20 acres in Downtown Dallas.
In Irving, Texas, KDC currently has two projects under construction: a 1.125-million-square-foot headquarters for Pioneer Natural Resources at the Hidden Ridge development, and a 155,000-square-foot Class A medical office complex for Healthcare Associates of Texas. Construction is underway on a 460,000-square-foot, Class AA office tower in downtown San Antonio, the city’s first in 30 years, that will serve as Cullen/Frost Bankers Inc.’s corporate headquarters.
Outside of Texas, KDC is currently developing Park Center, a 17-acre transit-oriented development in Dunwoody, Georgia, in which State Farm currently occupies 585,000 square feet of office space. KDC is in the second phase of construction, which will include two additional towers totaling 1.2 million square feet. State Farm will occupy both towers, along with the already completed tower in the first phase.
Grove was named a Best Boss in the Business by Real Estate Forum in 2016. He earned a Bachelor of Business Administration in real estate and finance from Southern Methodist University. Away from the office, Grove enjoys spending time in the mountains, skiing in the winter and biking in the summer.
Mr. Jerry Jones
Founder and CEO
Blue Star Land, L.P.
Although best known for his bold, innovative leadership of the Dallas Cowboys and within the National Football League, Mr. Jones has also made a lasting impression on North Texas since 1992, as the founder and leader of his real estate company, Blue Star Land, LP, a company Jones owns with his three children. His introduction to the commercial real estate market came in 1961, when at the age of 19, he developed the James River Town Center in Springfield, MO, with a 38,700 square foot retail/commercial center. Today the property is still owned by the Jones family and contains more than 1,500,000 square feet of retail and restaurant space.
Since that time, Jones has become a major player in the Texas real estate market with the acquisition and development of Starwood, a 550-acre residential development in Frisco, Texas; Riata, an apartment community of over 2000 units in Austin, Texas; and StarCreek, a 500+ acre mixed-use development in Allen, Texas. Mr. Jones and team have had a history of success with the high-profile Cowboys Golf Club, opened in 2001 in Grapevine, Texas, and a multi-site climate-controlled, storage company, Blue Star Storage.
Recent major projects include the conception and construction of AT&T Stadium in Arlington, Texas, and The Star in Frisco, Texas. The stadium, which opened in 2009, has a capacity of over 100,000 and is the largest and most technologically sound indoor/outdoor stadium in the world. The Star, which serves as the world training headquarters for the Dallas Cowboys, is a state-of-the-art venue that enjoys a first-of-its-kind partnership with its surrounding community in Frisco, and the young men and women who compete in athletics at the high school and youth sports levels.
Blue Star Land also has made significant investments over the past decades slated for future development, acquiring more than 3,407 acres of property along the North Dallas Tollway, throughout Collin County and into Denton County to build popular commercial and luxury residential housing. Projects under construction at this time include The Gates of Prosper, a 400-acre, mixed-use development of restaurants/retail and residential located at Preston Rd. and SH 380 and StarTrail; a 900-acre residential development on the Dallas North Tollway; and continued commercial, residential, retail and restaurant development of The Star in Frisco.
“Jerry Jones is a bold and creative leader who not only dreams big but also has the drive, business acumen, fortitude and spunk to make incredible things happen,” said Darrell Hurmis, chairman of the 2018 NTCAR Hall of Fame event committee. “Whether he’s managing the Dallas Cowboys, building a groundbreaking stadium, or a mixed-use residential or commercial development, he’s going to leave his mark in an exceptional way.”
2018 MICHAEL McAULEY
LIFETIME ACHIEVEMENT AWARD
Mr. Mickey Ashmore
Chairman
Retail Services Americas for CBRE
Previously President/CEO and majority shareholder of UCR
As Chairman of Retail Services Americas, Mickey Ashmore acts as an executive advisor to CBRE’s retail leaders in the U.S., including managing directors and functional leaders. Mickey has a commitment to strong partnerships, a talent for attracting skilled senior agents and an ability to mastermind solid strategies.
Mickey was instrumental in the creation of CBRE’s Retail Science platform, advising our top retail leaders on the vision, brand and long-term value of the program. His suggestion to create a Retail University in addition to the investments in real estate technology and research has led our professionals to become true advisors and retail leaders in our industry.
A primary focus of Mickey’s is mergers and acquisitions and the recruitment of the top retail talent in the country. Since his onboarding he has strengthened CBRE’s retail presence in San Francisco and the bay area and was active in the acquisition of Sitehawk Real Estate in Indiana.
Prior to joining CBRE, Mickey was the President and CEO of UCR, the largest retail real estate services firm in Texas. In 2015, he negotiated the acquisition of UCR by CBRE thereby strengthening and solidifying CBRE’s dominant retail presence in Texas and North America. While President and CEO of UCR, Mickey served as the Chairman of Chainlinks, the No. 1 retail brokerage network in North America. Mickey also was the Executive Vice President for Hopkins-Shafer Company.
He is a noted expert on Main Streets and mixed-use developments and was personally involved in the leasing of the ULI award-winning Southlake Town Square, Mockingbird Station, Knox Street District, and Midtowne Little Rock.
Mickey served on the board of NTCAR as the Board of Directors in 2010 and 2012 and served as an Executive Board member in 2011. He was a member and lecturer for the NTCAR Education Committee from 2010-2012, a panel member for the DFW Annual Forecast in 2010, and was a Corporate Quarterly Sponsor of Member Meetings from 2011-2013. During his involvement with NTCAR, Mickey created the educational program and personally taught three classes - Cold Calling Techniques, Building Meaningful Relationships and Pathways to Prosperity, and Happiness in Commercial Real Estate.
His background before entering real estate includes teaching speech and English.
PROFESSIONAL AFFILIATIONS/ACCREDITATIONS
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Founder of Retail As Art – annual scholarship contest designed to showcase the very best photographic interpretations of “Retail as Art” from Dallas-Fort Worth area high school students.
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International Council of Shopping Centers (ICSC) – member
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The Family Place
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Genesis Women’s Shelter
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CASA
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EDUCATION
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Master’s of Education degree – Texas A&M University Commerce (formerly East Texas State University); Commerce, TX
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Bachelor’s of Science degree in Education – University of Arkansas; Fayetteville, AK