H. Ross Perot joins IBM as a salesman.
Scroll through the interactive timeline below to explore Hillwood’s history.
Hillwood’s legacy is rooted in its commitment to communities as well as its signature projects, partnerships and enduring company values. In founding the company, Ross Perot, Jr.—as his father before him—applied remarkable entrepreneurial vision along with a commitment to the bedrock values of Integrity, Respect, Excellence and Teamwork.
H. Ross Perot joins IBM as a salesman.
H. Ross Perot borrows $1,000 from his wife Margot to start Electronic Data Systems, inventing the Information Technology services industry.
H. Ross Perot takes EDS public with an initial stock price of $16 per share. The stock rose to $160 per share in just a few days, making him one of America’s richest businessmen.
Ross Perot, Jr. and Jay Coburn complete the world’s first ever round-the-world 26,000-mile helicopter flight in 29 days, 3 hours and 8 minutes. Perot later joined the U.S. Air Force where he served eight years as a fighter pilot.
Ross Perot, Jr. acquires 13,000 acres of farm land north of Fort Worth for development. The project would later become known as AllianceTexas.
FAA agrees to create the world’s first industrial airport, with designation of Fort Worth Alliance Airport, a name derived from the Alliance between the City of Fort Worth, FAA and Hillwood.
Hillwood develops its first master-planned community in Fort Worth, TX, Park Glen, a 3,000 home community located in the city’s first public improvement district.
Forth Worth Alliance Airport opens, launching an era of unprecedented and ongoing growth for the region eventually known as AllianceTexas. Today, AllianceTexas spans 27,000 acres, seven municipalities, five independent school districts and two counties and serves as an economic driver for North Texas. Home to more than 550 businesses including Speedway Motor Sports, Amazon, FedEx and TuSimple, AllianceTexas has generated more than 63,000 jobs.
Hillwood Residential grows its master-planned community footprint by acquiring a number of distressed properties in DFW and through key acquisitions in Collin County.
H. Ross Perot enters the U.S. presidential race as an independent candidate ultimately receiving the highest number of votes for any independent candidate since Teddy Roosevelt.
Ross Perot, Jr. is named Chairman of Air Force Memorial Foundation. In 2006, Perot was joined by President George W. Bush and Secretary of Defense Donald Rumsfeld at the dedication of the U.S. Air Force Memorial in Washington D.C.
H. Ross Perot runs for a second time for president, as a member of the Reform Party, which he helped form.
Ross Perot, Jr. leads an investment group to acquire the Dallas Mavericks basketball team from Don Carter. In 2002, he sells his ownership in the team.
The City of Dallas and Hillwood Development announce plans to re-develop a brownfield site into a vibrant new development for mixed use connecting the Cities’ core districts, leading to Perot’s original investment in the first parcel of land which will be eventually become Victory Park.
Hillwood Residential opens Heritage in Fort Worth, TX, our first all fiber connected community.
As a result of a second successful public/private partnership, Hillwood completes construction on the $421 million state-of-the-art sports and entertainment arena, the American Airlines Center, which helped transform downtown Dallas.
Hillwood’s industrial development team established a Southern California office in May.
Hillwood Energy formed to begin exploration and drilling in the Barnett Shale.
The first 846,066 SF building at DeSoto Trade Center in Memphis was completed in December.
Hillwood Residential announces its first luxury portfolio which eventually included 17 ranch sites and a 500-acre conservation area at the Bar BC Ranch in Jackson Hole, WY; its first luxury infill community Creeks of Preston Hollow; and the beachfront luxury properties in Costa Rica.
Hillwood enters into a joint venture, making another advancement into investment property fund management.
Hillwood International Energy signs production sharing agreement with Kurdistan Regional Government, receiving 1,226 SQ Kilometer concession for oil exploration.
Hillwood and Deloitte announce Deloitte University to be created at the Circle T Ranch. Deloitte University opens in 2011 as the first corporate campus at Circle T which was followed by Charles Schwab’s Texas relocation in 2017.
Hillwood Residential acquires a portfolio of 21 distressed properties from national public homebuilders and developers and expands MPC footprint to 13 U.S. markets.
Perot Systems is sold to Dell for $3.9 billion.
Hillwood Residential announces the launch of its new brand name, Hillwood Communities, to position itself as a master-planned community developer and announces the five guiding principles for all community development.
Hillwood Communities adds its first project, Rocky Creek, in the Austin DMA.
Named in honor of Margot and H. Ross Perot, the natural history and science museum in Dallas, Texas, opens to the public. Hillwood oversaw the development of the $180 million project in downtown Dallas.
Hillwood Communities opens Harvest, a 3,000-acre nationally recognized master-planned community and the first agrihood community in Texas.
Ernst & Young presents H. Ross Perot and Ross Perot, Jr. with its inaugural Family Business Award of Excellence.
Hillwood expands to Europe and Canada, opening new offices in Warsaw, Poland and Frankfurt, Germany.
Facebook breaks ground at AllianceTexas for its new $1 billion data center, the social media company’s fifth in the world and the largest project of its kind in North Texas. The data center opened in 2018.
Hillwood launched its sixth division, Hillwood Urban, to develop large corporate and mixed-use properties in urban areas.
Hillwood Communities adds Pomona in Manvel, Texas, its first project in the Houston DMA.
Hillwood moves its Fort Worth offices to occupy 32,000 square feet at Hillwood Commons in Alliance Town Center.
Hillwood Communities wins the first of four Developer of the Year awards from the Dallas Builders Association.
Hillwood partners with VanTrust Real Estate and The Rudman Partnership to launch Frisco Station, an urban, mixed-use development centered on Smart, Creative, Healthy principles by breaking ground on a seven-story office building.
Hillwood and the Perot companies move into its new corporate headquarters, located off Turtle Creek in Dallas, Texas.
Hillwood launches Hillwood Airways, a Part 121 Supplemental Air Carrier and private charter airline operating out of Fort Worth Alliance Airport.
Fort Worth Alliance Airport completes long-awaited runway extension to 11,000-feet, allowing long-haul international flights without the need for refueling.
Mercedes-Benz Financial Services breaks ground on their third office campus at AllianceTexas, demonstrating their investment in the Alliance region and the strong relationship with Hillwood.
Stanley Black & Decker expands its U.S. manufacturing footprint with a new CRAFTSMAN manufacturing plant at AllianceTexas in addition to a new distribution facility.
Amazon Regional Air Hub opens at Alliance Airport.
Hillwood Urban breaks ground on the first new office building in Victory Park in over a decade. The building, Victory Commons One, is the first class AA urban campus building to be completed in a three-building development, opening downtown in the heart of Dallas in 2021.
Hillwood Properties establishes the AllianceTexas Mobility Innovation Zone to facilitate innovation in surface and air mobility by offering real-world testing scenarios that are unmatched in the U.S. Several new partnerships have been launched and use cases tested to further the commercialization of autonomous mobility technology from long haul cargo to urban air transportation and last mile delivery.
Hillwood Investment Properties reaches 100M SF of industrial development in the U.S., Canada and Europe combined with the completion of Parkway West Commerce Center serving the Atlanta market.
Hillwood Urban agrees to provide the land and partnered with Carpenter and Company to bring the award-winning Four Seasons Hotel to Turtle Creek in Dallas, just seconds from Hillwood’s corporate campus.
Hillwood Multifamily, founded in 2008, sells Frisco Station’s first multifamily property Station House.
Hillwood Airways doubles the size of its charter fleet by adding two more Boeing 737-700 aircraft.
Alliance Airport is ranked as one of the Top 25 Cargo Airports in the U.S., moving 1.7 billion pounds of cargo.
Hillwood Communities celebrates the first of back-to-back People’s Choice Community of the Year awards from the Dallas Builders Association – Pecan Square in 2021 and Harvest in 2022.
Hillwood Communities closes on the 3,200-acre Hunter Ranch tract in Denton to create it's largest future MPC to-date with 6,000-plus homes and 1,000-acres of park space.
In partnership with Bell, Hillwood demonstrates North Texas’ first point-to-point UAS package delivery from the MIZ Flight Test Center, flying in complex airspace and landing in Pecan Square, Hillwood Communities’ tech-forward, master-planned community in Northlake, Texas.
Hillwood Investment Properties sells a 28-million-square-foot global industrial portfolio to CBRE for $4.9B.
Hillwood announces plans for The Campuses at Circle T, which will ultimately encompass six unique corporate campuses built within the heart of the historic Circle T Ranch.
AllianceTexas surpasses $100 billion in economic impact for the North Texas region with over 500 companies and 53 million square feet developed to-date, while generating over 62,000 direct jobs.