Fort Worth, Texas, January 21, 2026
Near Southside Inc. announces Megan Henderson as the new President, succeeding Paul Paine. This leadership transition is set to foster continued growth and innovation in Fort Worth’s Near Southside area, enhancing community engagement and economic development.
Megan Henderson to Lead Near Southside Inc. into New Era
A pivotal leadership change positions Fort Worth’s economic development organization for continued growth and innovation.
Fort Worth, Texas – In a significant move for the city’s vibrant Near Southside area, Near Southside Inc. has announced Megan Henderson as the new President, taking over from long-standing leader Paul Paine in April. This transition marks an important chapter for Near Southside Inc., an organization that has played a critical role in revitalizing and enhancing local business and community spaces through innovative initiatives and private investment.
During Paul Paine’s tenure since 2005, Near Southside Inc. has been instrumental in various projects aimed at strengthening the local economy. Under his guidance, the South Main Street corridor went through a transformative redevelopment, evolving into a lively public space. Additionally, the establishment of the Near Southside Medical Innovation District has attracted significant attention and investment, resonating well with local entrepreneurs and businesses. Such initiatives underscore the importance of community-driven efforts in fostering economic growth and vitality.
Leadership Transition Signifying Growth
Megan Henderson, the current Director of Events and Communications, is expected to infuse a fresh perspective into the organization. Her background and commitment to community engagement will be vital as she leads efforts to enhance the Near Southside neighborhood further. This leadership change is anticipated to ensure a seamless transition while building on the strong foundation set by her predecessor.
Continued Commitment to Development with TIF 4
One of the key measures undertaken by Near Southside Inc. has been the extension of the Tax Increment Financing District 4 (TIF 4) by another 10 years. This extension reflects an ongoing commitment to supporting local development projects. TIF 4 enables the district to leverage public financing to encourage private investment, making Fort Worth’s Near Southside an appealing destination for new businesses and innovations. Such financial strategies are essential for creating sustainable economic opportunities in the area.
Community Engagement and Economic Impact
With a focus on community involvement, Near Southside Inc. prioritizes collaboration with local businesses, residents, and stakeholders. This collaborative spirit not only aids in the implementation of projects like the transformation of South Main Street but also ensures that development meets the needs of those who live and work in the area. By fostering partnerships, the organization can effectively respond to local challenges and seize opportunities that can enhance economic performance.
The Future of Near Southside
As Megan Henderson prepares to step into her new leadership role, there is widespread anticipation around her initiatives and vision for the Near Southside. The community looks forward to continued advancements and the fostering of a vibrant local business ecosystem where entrepreneurs thrive amidst supportive frameworks. With an emphasis on growth through innovation, the organization seeks to further enhance Fort Worth’s reputation as a hub of opportunity in Texas.
Final Thoughts
Near Southside Inc. stands as a shining example of how community-focused economic development organizations can make a tremendous impact. As the leadership transitions, it serves as a reminder of the importance of continued investment in local businesses and the power of civic engagement. Community members are encouraged to support local entrepreneurship and stay informed about initiatives that contribute to the ongoing economic evolution of Fort Worth.
Frequently Asked Questions (FAQ)
Who is Megan Henderson?
Megan Henderson is the current Director of Events and Communications at Near Southside Inc. She will assume the role of President starting in April.
What is Near Southside Inc.?
Near Southside Inc. is a private, member-funded, 501(c)(4) non-profit organization dedicated to revitalizing the Near Southside area of Fort Worth, Texas.
What initiatives has Near Southside Inc. undertaken?
Under the leadership of Paul Paine, Near Southside Inc. has led initiatives such as transforming South Main Street into a vibrant public space and establishing the Near Southside Medical Innovation District.
What is TIF 4?
TIF 4, or Tax Increment Financing District 4, is a designated area in Fort Worth that has been extended for another 10 years to support development projects in the Near Southside area.
Key Features of Near Southside Inc.’s Leadership Change
| Feature | Details |
|---|---|
| New President | Megan Henderson, Director of Events and Communications, to assume role in April. |
| Predecessor | Paul Paine, current president since 2005, to retire. |
| Key Initiatives | Transformation of South Main Street and establishment of the Medical Innovation District. |
| TIF 4 Extension | Tax Increment Financing District extended for another 10 years to support development projects. |
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