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Bell parent company Textron, a helicopter/defense manufacturer, has announced Danny Maldonado will be president and CEO of the conglomerate’s Bell segment, beginning Jan. 4.
Maldonado, now Bell’s chief commercial officer, will succeed Lisa Atherton, who was recently appointed as president and CEO of parent company Textron, also effective Jan. 4.
As chief commercial officer, Maldonado is responsible for Bell’s global commercial aircraft sales, aftermarket solutions, the Bell Training Academy and new product development. Before that role, Maldonado led Textron Financial Corp. as president and CEO for nine years and, before that, served as Bell’s executive vice president of sales and marketing. He joined Textron in 1990 and has held leadership roles encompassing sales, business development, customer support and finance at Textron.
“Danny is a proven leader with a long track record of success at Bell. He will lead Bell at an important time as we accelerate activity on the MV-75 program and continue to invest in leading commercial helicopter programs,” said Scott Donnelly, Textron chairman and CEO in a statement.
Along with his long service at Bell, Maldonado received his executive MBA from TCU’s Neeley School of Business in 2007.
One Century Plaza, a 25,000-square-foot mixed-use property at 827 Houston St. in downtown Fort Worth, has been sold.
Marcus & Millichap, a commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale Oct. 23.
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One Century Plaza is a five-story, mixed-use building with basement space and access to dedicated parking spaces in a nearby garage. The property is surrounded by more than $2.5 billion in new development and is within walking distance of major destinations, including Sundance Square, the Fort Worth Convention Center, Texas A&M’s new law school campus and Deco 969.
According to the Fort Worth Architecture website, brothers W.T. and George Reynolds originally constructed the building in 1905 to house the operations of the Reynolds Land and Cattle Company. It was designed by Sanguinet & Staats, like many buildings in the city.
“This transaction epitomizes the rapid redevelopment wave reshaping downtown Fort Worth,” said Joe Santelli, senior director investments. “The property had sat vacant for years, but with expansion projects accelerating throughout the submarket, demand for well-located, value-add opportunities like this has surged. The site’s dedicated parking, an incredibly rare amenity in this area, was a key differentiator for this asset.”
The seller is a local private investment group, and the buyer is a local development group. The former owner was hotel developer, MLand Lodging of Irving, according to Tarrant Appraisal District records. The 25,000-square-foot building is appraised at $1.9 million.
“Downtown Fort Worth continues to attract strong interest from investors and developers due to its favorable zoning, growing demographics and pro-business environment,” Santelli added. “This sale highlights both the momentum in the area and our team’s continued success in closing strategic opportunities. We look forward to seeing the site reimagined as a boutique hospitality concept.”
Autobahn broke ground on a windy Oct. 29 on its new Texas campus in southwest Fort Worth. The nearly 75-acre site near Oakmont Boulevard and Chisholm Trail Parkway — secured from Clearfork developer Cassco — is expected to open in spring 2027.
Crestline Investors, a global alternative investment manager, has announced the launch of Crestline Lending Solutions Fund, a perpetual private business development company. The fund aims to deliver steady income through a focus on core and lower middle market direct lending as well as tactical allocations to additional forms of private credit.
Kroger celebrated the grand opening date of its newest Kroger Marketplace store in Fort Worth bright and early at 6 a.m. Oct. 31. The new 123,000-square-foot store is an investment of $40 million by the grocery chain and will create 220 new jobs.
The store is located at 113 East Bonds Ranch Road anchoring the Bonds Ranch Marketplace, a community retail center developed by Weitzman.
The new store will be the second new Marketplace format store that Kroger will open in 2025. The grocer opened a new Marketplace store in Plano at the beginning of the year. It has also broken ground on three new Kroger Marketplace format stores this year in Anna, Little Elm and the Sendera Ranch neighborhood of north Fort Worth. All three are anticipated to open in 2026.
Do you have something for the Bob on Business column? Email Bob Francis, business editor for the Fort Worth Report, at bob.francis@fortworthreport.org.
Autobahn is a supporter of the Fort Worth Report. At the Fort Worth Report, news decisions are made independently of our board members and financial supporters. Read more about our editorial independence policy here.
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by Bob Francis, Fort Worth Report
November 1, 2025
Robert Francis is a Fort Worth native and journalist who has extensive experience covering business and technology locally, nationally and internationally. He is also a former president of the local Society… More by Bob Francis
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