Texas Instruments, Victory Park turns 20, Uber, Kroger: Thursday's Business Briefing

August 23,  2018 🔎 Prefer the online view? It's [here](. Follow us on Twitter [@DMNBiz](. The plaza at Victory Park in Dallas on Aug. 21, 2018. (Nathan Hunsinger/The Dallas Morning News) The Big Story Victory Park at 20: Dallas project finally develops, with new apartments, eateries Twenty years after the project opened, Victory Park is finally coming into its own. While the project on the northwest corner of downtown still carries the weight of failures in the early days, new developments and reconstruction of the retail street have given Victory Park a reboot. Built around the city's new sports arena, [Victory Park was one of the largest urban renewal projects in the country when it kicked off in 1998](. The more than half billion dollar high-rise development was planned to replace an aging power plant, rail yard and old grain elevators on 75 acres between Interstate 35E and Uptown. Yet, the timing couldn't have been worse. -[Steve Brown]( The Latest Do you pay Uber $17,000 a year to get around Dallas? [A study from AAA]( suggesting ride-hailing services such as Uber or Lyft could amount to "twice the cost of car ownership" is setting off a debate on social media. New tenants join Trammell Crow Center Ross Avenue's Trammell Crow Center is getting a [$140 million makeover]( that includes new restaurant and retail space in the landmark skyscraper. Kroger to end use of plastic bags soon [Kroger isn't sure yet when the ban will hit Texas](, said April Martin Nickels, the grocery retailer's spokeswoman in Dallas. Frisco mixed-use project ready to open first building [The Stonebrook Business Park]( is on the Dallas North Tollway at Stonebrook Parkway and will contain office, retail and restaurant space. Trump tax cuts shave $1.2 billion from electricity bills [The Texas refunds would apply only to Oncor, CenterPoint Energy and similar companies]( that own and operate transmission and distribution lines. Advertisement Executive changes - KTVT-TV (CHANNEL 11) promoted Laurie Passman to vice president and news director. - PHOENIX AMERICAN HOSPITALITY named Art Miller regional vice president of sales for the East Coast. - RAINBOW DAYS named Sherri Ansley chief executive. - REAL ESTATE RESEARCH ADVISORY COMMITTEE has three new members appointed by Gov. Greg Abbott, including Troy Alley Jr. of DeSoto, executive vice president of Con-Real Support Group. The committee is responsible for Texas A&M University's Real Estate Center. - SOUTHWEST AIRLINES CO. promoted Mark Shaw to executive vice president, chief legal and regulatory officer, and corporate secretary; Jason Van Eaton to senior vice president governmental affairs and real estate; Bob Montgomery to senior adviser; Paul Cullen to vice president real estate; Reid Grandle to vice president strategy and planning; Dave Harvey to vice president corporate sales; and Adam Decaire to vice president network planning. Plus: [Find more executive changes]( (AP Photo/LM Otero, File) SPOTLIGHT Texas Instruments considers Richardson for $3.2 billion facility, seeks tax breaks Texas Instruments may pick Richardson for a new manufacturing facility that it says could amount to $3.2 billion of investment and create as many as 625 jobs. [The Dallas-based chipmaker detailed its potential plans for the Richardson site in an application for a ten-year tax incentive agreement]( worth tens of millions of dollars with Plano ISD, the school district where the new facility would be based. The application also said the company planned to ask for property tax breaks from the city of Richardson, Collin County and from the Collin College district, which could be worth up to $8.9 million more. -[Jill Cowan]( and [Melissa Repko]( Follow DFW stocks: [See how top North Texas stocks performed](, as well as the oil and gas markets and major stock exchanges. DFW Top 100 Places to Work 2017: The Dallas Morning News and Workplace Dynamics partner each year to feature the [Top 100 workplaces](, based on ratings by the people who work at them. Advertisement 👋  That's all for today! For up-to-the-minute business news and analysis, check out [DallasNews.com/Business](. 💖 Share the love: If you like this newsletter, please forward this email to a friend and [check out our other newsletters here](. 📧 Do you have feedback on this newsletter? Send your thoughts, questions, praise and corrections to our Business Editor Paul O'Donnell at [podonnell@dallasnews.com](mailto:podonnell@dallasnews.com?subject=Newsletter%20Feedback). STAY CONNECTED WITH US  [Facebook]( [Instagram]( [Twitter]( [LinkedIn]( [Tumblr]( [Google]( [Reddit](  [OTHER NEWSLETTERS]( [SUBSCRIPTION OPTIONS]( [Unsubscribe](  |  [Manage Preferences](  |  [Privacy Policy](  |  [Contact](  |  [Advertise]( You received this message because you signed up for this Dallas Morning News newsletter or it was forwarded to you. Copyright 2018 - [The Dallas Morning News]( | [1954 Commerce St., Dallas, TX 75201](#)