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A full-service Simmons Bank has opened on Camp Wisdom across from the $200 million RedBird redevelopment project in a space that previously housed a payday lender.
Dallas brothers Tim and Terrence Maiden, a banker and a real estate developer, are partially responsible for the step up in banking services around RedBird. Frost Bank opened a branch on the RedBird property in 2021, and PNC is close to signing a lease.
“This area has historically been under-banked, but there is great client potential, a lot of opportunity in the market,” said Tim Maiden, director of market development for Simmons Bank which has $27.6 billion in assets and operates in six states. “Banks are institutions that help build long-term generational wealth. We can make folks’ financial dreams become a reality.”
The Simmons Bank at 3309 W. Camp Wisdom Road provides personal and commercial banking, mortgage lending, and investment and wealth management services. It’s the newest of 232 branches including, 58 in Texas, 23 in Dallas-Fort Worth.
Tim Maiden was hired to expand the Pine Bluff, Ark.-based bank’s footprint in southern Dallas. Knowing what his brother was working on across the street made the Camp Wisdom site attractive.
Terrence Maiden, CEO of development company Russell Glen, has worked for years on redevelopment of the RedBird mall property with owner Peter Brodsky. Earlier he worked on other southern Dallas developments including a Walmart-anchored shopping center with Dallas-based Corinth Properties. RedBird has attracted new major medical and educational facilities, apartments and new retail, restaurants and services including a Tom Thumb supermarket that is scheduled to open in 2025.
Tim Maiden was working at Frost Bank when the initial plans were being made for the San Antonio-based bank to open a branch as part of the redevelopment of the Shops at RedBird. Another Simmons branch is in the works in Oak Cliff at Illinois Avenue and Hampton Road.
The twin brothers, 45, grew up in Dallas and played football for Carter High School, where they graduated in 1996. They roomed together at Texas Christian University in Fort Worth, where they also played football.
The two returned to their old stomping grounds with a mission of giving back and bringing services to the neighborhood, they said. They formed the Maiden Foundation in 2005 with a focus on working with high school and college-age young men of color.
“Our parents really pushed us to find a sense of balance, to have a heart for people who lack opportunities and to do community service,” Terrence Maiden said.
Growing up, the twins often heard “to whom much is given, much is required.”
“We believe that,” Terrence Maiden said. “Even though RedBird is a for-profit venture, it has a social impact that enhances life in the community.”
The Maiden Foundation puts on two annual events that so far have exposed more than 800 young men to positive leadership.
The Elevate Male Leadership Academy is a one-week summer intensive program with UNT Dallas to give young men in southern Dallas life skills training. The Inspired Male Leadership Summit is a spring program put on with Dallas College, and it features success stories.
Tim Maiden is also an adjunct professor at UNT Dallas, where he teaches commercial banking. The program is certified by the American Bankers Association, and graduates leave with a minor in credit analysis. “That’s a pathway to commercial banking, to move upwards from retail banking jobs.”
“Our parents told us to leave a mark on our communities,” Tim Maiden said. “We realize everybody doesn’t have that, and it’s why we want to support young men and tell them the sky’s the limit.”
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DALLAS – Dallas Police have identified a man who was shot and killed before 5 a.m. Saturday morning.
Officers were called to a shooting in the 9000 block of Soverign Row, which is off of John Carpenter Freeway near Regal Row.
Investigators believe 21-year-old Joseph Ortega was shot by an unknown suspect.
Ortega died at the scene.
This is an ongoing investigation.
Anyone with information is asked to contact Detective Frank Serra at 214-662-4552 or frank.serra@dallaspolice.gov.
An already questionable search process for Dallas’ new city manager has unfortunately lapsed into all-out dysfunction.
Dallas City Council, it’s the holidays. Please take a breath of fresh pine air and work out this search in a new spirit of cooperation before nobody ends up wanting the job.
Given what’s already happened, chances of that are dwindling. Three of the five semifinalists already pulled out of the running late last week.
There was trouble from the start with the resignation of former City Manager T.C. Broadnax in February. He said a majority of the council lost faith in his leadership, but the timing of his “involuntary resignation” rightly raised eyebrows. Mayor Eric Johnson questioned whether his allies on the council helped him orchestrate the move so he could take a job as Austin city manager and also collect on a hefty severance.
The City Council named Broadnax’s top aide, Assistant City Manager Kimberly Bizor Tolbert, as interim manager just days after his resignation amid reservations of some of the council. Since then, the table has seemed set for her to assume the permanent role, underscored by the lack of pushback Tolbert’s received as she’s implemented sweeping changes at City Hall during her interim role. We can’t help but wonder about the chill that’s had on other potential candidates.
Another wrinkle came when the outside search firm hired to vet candidates, Baker Tilly, circulated a draft brochure advertising for the job that featured a photo of the Houston skyline. That was in late August, and since then some council members have blamed both the firm and an ad hoc search committee for moving too slowly and without transparency to the full council.
Tensions erupted this month when three council members — Paula Blackmon, Gay Donnell Willis and Jaynie Schultz — tried to wrest control from the committee and hold an emergency meeting of the full council. That flopped when only two other council members showed up at the Dec. 16 meeting, not enough for a quorum.
Blackmon told us she expected a quorum, but “it became clear to me that some phone calls were made to pressure people not to show up, and that is their decision.” Another bad look for the city.
A meeting the same day of the ad hoc committee weirdly ended up in executive session for nearly three hours. Members emerged with a plan to virtually interview the semifinalists Monday, the day before Christmas Eve. That seems like a big ask of the candidates and a crummy process. Candidates deserve an in-person interview.
It’s been hard to keep track of who’s on whose team in this mayhem. There are clearly two sides on the council: those who want Tolbert to get the job, and those who aren’t yet sold on her and want a more extensive search.
Council member Cara Mendelsohn, a member of the ad hoc committee, told us any grievances with the search should have been handled privately and that council members not on the committee have wrongly injected themselves in what is a serious effort.
“This unprofessional behavior risks scaring off strong candidates and reflects poorly on our city,” she said.
That may well happen even more than it has and, at this point, who could blame them? From the start to now, the city has hardly put its best foot forward. We urge the City Council to embrace the quiet of the season, take a moment and begin again in earnest in the New Year.
Rushing this process serves no one and least of all the residents of Dallas.
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The Dallas Cowboys are trying to close the 2024 season on a positive note and have successfully done so at the moment with three wins in their last four games. Although they won’t make the postseason, it is good to see them showing heart and resolve with all the injuries and misfortune they’ve had. However, once these season ends in January, the page will turn to offseason activities, which includes free agency.
Cowboys executive vice president Stephen Jones has already mentioned that the team will have a tight offseason when it comes to spending. While that’s not surprising in the slightest with how things go in Dallas, it also puts the future of some of the top guys on the roster in question. One in particular, defensive tackle Osa Odighizuwa, is a big one to monitor.
Back during the summer, Odighizuwa made it clear what he wanted to do was sign an extension with Dallas while having his best NFL season to date. The former third-round pick has certainly done the best season-to-date thing.
So far this season, Odighizuwa has already tied a career-high with four sacks and set a career mark with 22 quarterback hits (nine more than any other season). He’s also equaled his best year with 31 hurries and has set a new career-high in pressures with 51. His 79.0 pass-rush grade ranks ninth for all defensive lineman in 2024 per Pro Football Focus.
This is great for Odighizuwa because he has certainly upped his value. With what he’s done this season, and the steady progression in his play, Odighizuwa is possibly looking at commanding a deal around $5 to $7 million annually. If he finishes strong in the last three games, he could be looking at double-digit numbers per year. As good as it is for him, it may be the opposite for Dallas.
The Cowboys do like to keep the players that they draft and develop into star or contributing players. Unfortunately, especially when it comes to Stephen Jones specifically, it always comes back to the salary cap, or at least it’s used a reason not to pay guys big dollars. The Cowboys put themselves in these positions by waiting to pay players, much like they did with Dak Prescott and CeeDee Lamb. Those deals could have and should have been done earlier to put the Cowboys in a better position as far as the cap. There are plenty of ways to manipulate the cap, but Dallas tends to stand firm on being frugal.
If Odighizuwa is to hit the market, teams will come calling. Although he’s a bit undersized at 280 pounds, Odighizuwa uses his wrestling background to get tremendous leverage and drive much bigger offensive linemen into the backfield. He’s solid against the run, and he helps keep linebackers clean, and teams that see themselves as contenders will be willing to pay him for those services and pay him well.
It would behoove the Cowboys to value defensive tackles as a high priority for once during the offseason and bring Odighizuwa back. However, with the way Dallas handles contracts, don’t be surprised if the 2024 campaign is his last with the Cowboys.
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