Frank Zaccanelli helps Revitalize Dallas Downtown


Posted November 13, 2015 by pzmediainc1

Frank Zaccanelli has worked throughout the years to revitalize the Dallas-Fort Worth area through development projects.

 
Summary: Frank Zaccanelli has worked throughout the years to revitalize the Dallas-Fort Worth area through development projects.
Location: Dallas, Texas

Frank Zaccanelli has played an important role in the revitalization of Dallas Texas. His most recent endeavor was the renovation of The Statler Hotel & Residences. Prior to the hotel remodeling, he was responsible for the transformation of a contaminated area, turning it into American Airlines Arena, home to the Mavericks. He not only transformed the land, making it useable but also helped the NBA Mavericks turnaround from a non-stop losing streak. He was offered the opportunity to invest in the Dallas Mavericks and quickly took the deal.

The NBA team was having difficulties after some early successes in 1988-89. After that, the NBA team went downhill fast, ending with a 38-44 record for the year. To top it off, they experienced a twelve game losing streak that same year. Some pretty rough years followed, until the mid-1990s when Frank Zaccanelli purchased the team and began to restructure it from the ground up. He along with a few partners took the reins and led the Dallas Mavericks in 1996. After revitalizing the team spirit, he helped to build the team’s new home, the American Airlines Center.
Dallas Texas is growing by leaps and bounds and luring investors who are bringing an array of new projects to its down town. There are many reasons for the driving interest, but a growing downtown residential base is at its focal point. Another key element to the city’s popularity is new destinations like Klyde Warren Park and the Perot Museum and the redevelopment of The Joule hotel. The new millennial workforce is also being attracted by retail work along Main Street and the continually addition of new job markets created by investors buying vacant or troubled office buildings.

Frank Zaccanelli currently runs a company called Fiamma Real Estate Development Firm. The company takes on a variety of projects throughout the world. His primary responsibilities include negotiating and structuring the company's new investments, as well as its strategic direction. In a short period of time, Fiamma and its investment partners have invested more than $300 million into residential and mixed-use real estate opportunities across the country.

About: Frank Zaccanelli is the CEO of Fiamma, a real estate development firm that has invested over $300 million dollars in real estate here in the US. For more information about Frank Zaccanelli visit :- http://www.slideshare.net/frankzaccanelli/frank-zaccanelli-ceo-and-managing-partner
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Issued By PZ Media Inc
Country United States
Categories Business
Tags frank zaccanelli
Last Updated November 13, 2015