Dallas, TX
Unanimous Decision: Dallas Economic Development Corporation Confirms Linda McMahon as First CEO
Linda McMahon, a powerhouse in the real estate industry, has been named the inaugural CEO of the Dallas Economic Development Corporation (DEDC) in a unanimous decision this week. McMahon is poised to steer the organization starting July 1, 2024.
The decision follows a six-month nationwide search and McMahon’s nomination as the sole finalist for the position on May 3, 2024, as reported by multiple news outlets.
John Stephens, president of the Dallas EDC board of directors and retired chief financial officer at AT&T, praised McMahon’s appointment. “Linda McMahon’s depth of experience and strategic approach to economic development align perfectly with Dallas EDC’s mission,” he said in a statement. “Her visionary leadership is exactly what we need to propel Dallas into a new era of economic prosperity.”
Currently, McMahon serves as the president and CEO of The Real Estate Council (TREC), where she will end her more than 13-year tenure on June 30, 2024, before transitioning to the new role. The DEDC, established as a nonprofit in January 2022, aims to bolster local businesses, stimulate economic growth, and enhance infrastructure in Dallas, including a focus on the city’s Southern sector. Operating independently from the city government, the DEDC can act as a public developer by purchasing, selling, and leasing land for projects.
Stephens expressed confidence in McMahon’s ability to lead the DEDC’s mission, calling her “an ideal fit” for the role. McMahon was among the 15 inaugural board members of the DEDC, appointed by the Dallas City Council in August 2022. The board comprises attorneys, bankers, former elected officials, and leaders from various sectors.
After the May 7 confirmation, she took to LinkedIn to share her excitement about the role: McMahon said she appreciates “the confidence the Board of Directors has shown in me to lead this crucial effort in transforming the City of Dallas into the epicenter of business growth and opportunity.”
In an interview with Candys Dirt—which calls McMahon a “force to be reckoned with”—the incoming CEO also emphasized the EDC’s focus on business growth and development.
“The EDC was created to attract businesses and to grow business in the City of Dallas and to be the public developer of real estate for the City of Dallas,” McMahon said. “That business attraction, that engagement, and identifying opportunities to grow our tax base with new businesses is our No. 1 priority.”
The publication also highlighted optimism from community leaders, including Dallas Mayor Pro Tem Tennell Atkins and District 1 Councilman Chad West, about McMahon’s potential impact. Atkins noted, “Her leadership at the Dallas EDC signifies a promising future for Southern Dallas,” adding, “Her deep-rooted relationships and commitment to community development, her capacity to drive significant change, and her prowess in attracting impactful business investments are exactly what Dallas requires.”
During her tenure at TREC, McMahon led major community investment initiatives, fundraising efforts, advocacy campaigns, and leadership development programs that significantly bolstered the commercial real estate sector and economic growth in Dallas. Noteworthy projects include the $3 million Dallas Catalyst Project in the Forest District and the establishment of the Dallas Collaborative for Equitable Development. McMahon also played a critical role in the region’s Amazon HQ2 pitch, from the initial response to the detailed Dallas bid.
Following McMahon’s departure from TREC and until a new CEO is selected, Summer Loveland, TREC’s CFO/COO, will serve as its interim CEO. TREC board chairman Mike Geisler emphasized that the organization’s solid foundation and deliberate preparation ensures TREC will “evolve smartly and will remain deeply impactful and influential well into the future.”
In an announcement, Geisler praised McMahon’s “tireless advocacy” for the real estate industry locally and at the state level. He added: “We are at a time of real opportunity in Dallas, and we are confident that Linda’s dedicated service and deep knowledge of our city will help Dallas continue to grow and prosper well into the future.”
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FC Dallas returns home tonight to host Western Conference rivals Real Salt Lake.
Lineups are in from both sides. Let’s dive into what Eric Quill’s starting group looks like, who is on the bench, and who we believe will see minutes later on in this one.
What Changed From Last Match
If it ain’t broke, right? This is the same group as last week that picked up three points in New York.
FC Dallas Lineup Notes:
Starting XI
Formation: 3-4-3
Bench
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Who should come off the bench?
I almost think you roll out the same group of subs that worked last week in New York. That would be Chris Cappis, Logan Farrington, Sebastien Ibeagha, Sam Sarver and maybe more minutes for Caleb Swann. That, or give Nicholas Simmonds a few more minutes out there.
Key Question Heading Into Kickoff
After ending a couple of streaks last week, can FC Dallas finally put together a complete performance at home?
There is no getting around it: this is a big one for FC Dallas tonight. They need to figure out how to get the most out of their home games here this week (and next) before being gone for three and a half months. If they can replicate what they did last week in New York where the defense was stout, the attack was clinical, and everything else in between came together…there is no reason why they can’t string together a couple of wins in a row here starting tonight.
Suspended: none
International duty: none
Season-ending injury list: Kaka Scabin (knee)
Out: Anderson Julio (Lower leg), Bernard Kamungo (lower leg)
Questionable: none
On Loan: Tsiki Ntsabeleng (Mamelodi Sundowns FC), Enes Sali (Al-Riyadh), Malachi Molina (Nashville SC), Geovane Jesus (North Texas SC), Enzo Newman (North Texas SC)
Unavailable (off-roster): Daniel Baran, Jaidyn Contreras
RSL Lineup Notes:
Formation: 5-4-1
Starting XI
How to watch
📅 Date: Saturday, May 9, 2026
⚽️ Kickoff: 7:30 PM
🏟 Venue: Toyota Stadium
📺 Streaming: MLS Season Pass
💬 Gameday Social: #FCDvRSL
☀️ Weather: 87, sunny
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FC Dallas returns home this weekend looking to build off last week’s road result as Real Salt lake comes to town for another important Western Conference matchup. With the schedule beginning to pile up before the summer World Cup break in June, grabbing points at Toyota Stadium feels more important than ever right now.
RSL arrives with one of the more balanced attacks in the conference and enough pace to punish mistakes in transition. For Dallas, this one is about staying organized defensively, controlling the midfield battle, and continuing to find consistency in the final third. If those three items can be checked off this weekend, there’s a real opportunity to keep the momentum moving in the right direction before a long summer road trip.
Let’s dive into some notes, predictions, and more.
TL;DR: Match Preview
Quick hits before kickoff.
- Score prediction: FC Dallas 2 – 1 Real Salt Lake
- Key player to watch: Petar Musa – To make the World Cup roster later this month for Croatia, Musa has to continue scoring here and guide the team to a big home win.
- Why this game matters: The next two are at home and after that there are nine straight road games. Dallas has to bank some points at home while they can before the long summer road trip.
FC Dallas Notes:
All-time vs RSL: FC Dallas holds a 24-15-13 all-time regular-season record against RSL. Dallas has scored 79 goals against Salt Lake. RSL has scored 63.
Home record vs RSL: Dallas has a solid 14-2-8 at home against RSL in regular season meetings. Dallas has scored 44 home goals against RSL. Salt Lake has scored 23 goals at Toyota Stadium versus Dallas. Dallas last won at home versus RSL on April 16, 2023. Jesús Ferreira and Bernanrd Kamungo scored for Dallas that night.
Homegrown clock: Homegrown keeper Michael Collodi was the only HGP earning minutes this season until Nolan Norris joined him on the field. Collodi has played the full 90 in each match, while Norris has been in and out of the lineup. Norris also has one goal on the season. Caleb Swann also made his debut off the bench in New York. Together, they have played 1595 minutes. To add more perspective here, Dallas HGPs only accounted for 1683 minutes in 2025.
What to Watch For: FC Dallas vs. Real Salt Lake FC Dallas returns to Toyota Stadium riding momentum from a historic road win in New York, but RSL arrives with one of the most dangerous young attacks in MLS. Here’s what to watch when the Burn host the Claret-and-Cobalt on Saturday.
Notable season stats:
- FCD is 7th in crosses in MLS with 144.
- The Burn are 6th in total distance covered in MLS with 286.24 km (800 miles).
- FCD is third in MLS in aerial challenges won with 171.
- FC Dallas is 9th in MLS in xG with 18.81.
- FCD is 8th in MLS in shot efficiency with 1.19.
- Musa is 4th in MLS in xG with 7.77. He also ranks tied for 4th in MLS in shots with 40.
Potential FC Dallas Lineup:
With another three-games in seven days stretch coming up, Eric Quill will likely go with as strong of a lineup as possible in these next two home games.
Formation: 3-4-3
Projected Starting XI
Availability & Disciplinary Report
⚽
Disciplinary Report
Suspended: none
Suspended with next yellow card: none
Suspended with next two yellow cards: Osaze Urhoghide, Nolan Norris
🗒️
Availability Report
Season-ending injury list: Kaka Scabin
Out: Anderson Julio (Lower leg), Bernard Kamungo (lower leg)
Questionable: none
On Loan: Tsiki Ntsabeleng (Mamelodi Sundowns FC), Enes Sali (Al-Riyadh), Malachi Molina (Nashville SC), Geovane Jesus (North Texas SC), Enzo Newman (North Texas SC)
Unavailable (off-roster): Daniel Baran, Jaidyn Contreras
International duty: none
Real Salt Lake Notes:
Key player for RSL: Diego Luna
Scouting Real Salt Lake: What FC Dallas Needs to Know 🔎 A detailed scouting report on RSL ahead of FC Dallas’ 2026 showdown, breaking down formations, key players, tendencies, and tactical edges.
Disciplinary Report
Suspended: none
Suspended on next yellow card: none
Availability Report
Out: Jesus Barea (knee), Emeka Eneli (knee), Ari Piol (Achilles)
Questionable: Juan Jose Arias (groin), Justen Glad (groin), Lukas Engel (hip)
International duty: none
Big game this week for FC Dallas. Before we get into it, members have the full scouting report, projected lineups, and injury report. If you want to go into Matchday actually knowing what to watch for, now’s the time.
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A mystery trust bought one of the most expensive homes in Texas this week — just months after buying another multimillion dollar property nearby.
The Lost River Trust bought the mansion at 4815 Saint Johns Drive in Highland Park from Dallas entrepreneurs Melbourne and Jamie O’Banion on May 5, according to county records. The final sale price is undisclosed, but the sellers had the home listed for $24.9 million at the time.
The six-bedroom, eight-bathroom home spans 11,433 square feet on a 0.6-acre lot, according to the listing. It was built by Mark Molthan and designed by Tom Weber. They listed the home on March 23 for about $2,200 per square foot.
Allie Beth Allman, founder of the eponymous brokerage, represented the sellers. Damon Williamson with The Agency represented the buyer, according to Redfin.
Just two Dallas homes last year sold with listing prices higher than $25 million, though both sold for well below what they asked. The trust of the late Fortress Investment Group CEO Josh Pack sold his former home at 6601 Hunters Glen Road for $30.5 million after asking $35 million, and manufacturer Guinn Crousen sold his home at 4000 Euclid Avenue for $25.5 million after asking $33 million.
Only six homes in Texas are asking a higher price, according to Zillow. Two effectively tie with the home on Saint Johns Drive: a spec mansion on Strait Lane that’s asking $25 million, and another new construction at 4 Lana Lane in Houston that’s asking $25.5 million.
The Lost River Trust bought another luxury home just six months ago. On Nov. 14, the trust purchased the home at 3709 Euclid Avenue, a four-bedroom, six-bathroom, 5,845-square-foot house that was asking $14 million when it withdrew from the market in September. It’s about half a mile south of the home on Saint Johns Drive.
Melbourne O’Banion is the CEO of Dallas-based tech startup Bestow, which produces software for life insurance companies. His wife Jamie O’Banion is the founder of Dallas-based cosmetics company BeautyBio.
The Crespi Estate at 5619 Walnut Hill Lane, listed by the Cox Family for $64 million, remains the most expensive home on the market in Texas.
Read more
Dallas entrepreneurs Jamie and Melbourne O’Banion list Highland Park mansion for $25M
Estate of late Dallas plastic surgeon Sam Hamra sells historic Highland Park teardown to mystery buyer
Robert Vaughn buys University Park spec mansion that asked $26M
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