Dallas, Texas, January 8, 2026
Tom Gaglardi, owner of the Dallas Stars and president of Northland Properties Corporation, is significantly enhancing his investments in Texas, showcasing his commitment to local economic growth. His projects include a 35-story luxury condominium tower in Austin and several hotels in the Dallas-Fort Worth area. Gaglardi’s ventures not only contribute to the local economy but also underline his active role in the development and revitalization of Texas communities.
Tom Gaglardi Expands His Texas Investments Amid Economic Growth
Dallas Stars owner reinforces commitment to local development with major projects
Dallas, Texas – Tom Gaglardi, owner of the Dallas Stars and president of Northland Properties Corporation, continues to expand his investments in Texas, underscoring his commitment to the state’s economic growth.
In January 2024, Gaglardi’s Vancouver-based real estate firm, Northland Living, announced plans for a 35-story luxury condominium tower in downtown Austin. The project, named Luminary, is set to feature 286 residential units priced between $600,000 and over $3 million. Designed by Page Southerland Page, the tower will be located at the northwest corner of 14th and Guadalupe streets, near the Texas State Capitol.
Prior to this, in November 2020, Northland Properties Corp. initiated plans for a 205-room, six-story hotel in Las Colinas, Irving. The Sandman Signature Hotel, part of a mixed-use development by Dallas Cowboys owner Jerry Jones, will include a 6,788-square-foot Moxie’s Grill restaurant with an outdoor patio.
Gaglardi’s investments in Texas also encompass the historic W.T. Waggoner Building in Fort Worth, which is being converted into a 240-room Sandman Signature Hotel. Additionally, Northland Properties owns two development sites in Dallas’ Victory Park, contributing to the area’s growth and revitalization.
Since acquiring the Dallas Stars in 2011, Gaglardi has been deeply involved in the team’s operations, including hiring veteran administrator Jim Lites as president and CEO. He also spearheaded the overhaul of the team’s logo and uniform, forging a new identity for the club.
Gaglardi’s extensive experience in the hospitality industry, spanning construction, hotel and restaurant operations, real estate development, and finance, has been instrumental in his successful ventures in Texas. Under his leadership, Northland Properties has grown to be the largest family-owned hospitality company in Canada, with a diverse portfolio that includes hotels, restaurants, and real estate developments.
Through these strategic investments and leadership roles, Tom Gaglardi continues to play a significant role in Texas’s economic development and the growth of the Dallas Stars organization.
Frequently Asked Questions (FAQ)
What is Tom Gaglardi’s role with the Dallas Stars?
Tom Gaglardi is the owner and governor of the Dallas Stars Hockey Club and the president of Northland Properties Corporation, the largest family-owned hospitality company in Canada. He was officially introduced as the sixth owner in franchise history on November 21, 2011.
What are some of Tom Gaglardi’s recent investments in Texas?
In January 2024, Gaglardi’s Vancouver-based real estate firm, Northland Living, announced plans for a 35-story luxury condominium tower in downtown Austin. The project, named Luminary, is set to feature 286 residential units priced between $600,000 and over $3 million. Designed by Page Southerland Page, the tower will be located at the northwest corner of 14th and Guadalupe streets, near the Texas State Capitol.
What other developments has Gaglardi been involved in within Texas?
Prior to the Austin project, in November 2020, Northland Properties Corp. initiated plans for a 205-room, six-story hotel in Las Colinas, Irving. The Sandman Signature Hotel, part of a mixed-use development by Dallas Cowboys owner Jerry Jones, will include a 6,788-square-foot Moxie’s Grill restaurant with an outdoor patio.
How has Gaglardi contributed to the Dallas Stars organization?
Since acquiring the Dallas Stars in 2011, Gaglardi has been deeply involved in the team’s operations, including hiring veteran administrator Jim Lites as president and CEO. He also spearheaded the overhaul of the team’s logo and uniform, forging a new identity for the club.
What is Northland Properties Corporation?
Northland Properties Corporation is the largest family-owned hospitality company in Canada, with a diverse portfolio that includes hotels, restaurants, and real estate developments. Under Gaglardi’s leadership, the company has expanded its operations to the United States, including Texas.
Key Features of Tom Gaglardi’s Investments in Texas
| Investment | Location | Details |
|---|---|---|
| 35-story luxury condominium tower (Luminary) | Austin, Texas | 286 residential units priced between $600,000 and over $3 million, designed by Page Southerland Page, located near the Texas State Capitol. |
| 205-room, six-story hotel (Sandman Signature Hotel) | Las Colinas, Irving, Texas | Part of a mixed-use development by Dallas Cowboys owner Jerry Jones, includes a 6,788-square-foot Moxie’s Grill restaurant with an outdoor patio. |
| 240-room Sandman Signature Hotel | Fort Worth, Texas | Conversion of the historic W.T. Waggoner Building into a hotel. |
| Development sites in Victory Park | Dallas, Texas | Two development sites contributing to the area’s growth and revitalization. |
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Author: STAFF HERE DALLAS WRITER
The DALLAS STAFF WRITER represents the experienced team at HEREDallas.com, your go-to source for actionable local news and information in Dallas, Dallas County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as the State Fair of Texas, Deep Ellum Arts Festival, and Dallas International Film Festival. Our coverage extends to key organizations like the Dallas Regional Chamber and United Way of Metropolitan Dallas, plus leading businesses in telecommunications, aviation, and semiconductors that power the local economy such as AT&T, Southwest Airlines, and Texas Instruments. As part of the broader HERE network, including HEREAustinTX.com, HERECollegeStation.com, HEREHouston.com, and HERESanAntonio.com, we provide comprehensive, credible insights into Texas's dynamic landscape.
