Texas, January 8, 2026
Dallas Stars owner Tom Gaglardi is significantly increasing his investments in Texas, focusing on real estate developments in Austin and Irving. His company, Northland Properties, recently announced a luxury condominium tower in Austin called Luminary, and a new hotel in Irving’s Las Colinas. Both projects aim to enhance amenities and provide quality housing options in these growing areas.
Dallas, Texas – Tom Gaglardi’s Expanding Investments in Texas
Dallas Stars owner Tom Gaglardi is significantly increasing his investments in Texas, focusing on real estate developments in Austin and Irving.
Recent Developments
In January 2024, Gaglardi’s company, Northland Properties, announced plans for a 35-story luxury condominium tower in downtown Austin. The project, named Luminary, will feature 286 residential units priced between $600,000 and over $3 million. Designed by Page Southerland Page, the tower is set to rise at the northwest corner of 14th and Guadalupe streets, near the Texas State Capitol. The development aims to provide affordable housing options for young professionals and empty nesters seeking a lock-and-leave lifestyle.
In July 2020, Gaglardi detailed plans for a 205-room, six-story Sandman Signature Hotel in Las Colinas, a suburb of Irving. The hotel is part of a larger mixed-use development by Dallas Cowboys owner Jerry Jones’ Blue Star Land. The project includes a 6,788-square-foot Moxie’s Grill & Bar restaurant with an outdoor patio. This hotel marks one of the first Texas projects for Northland Properties’ hotel group.
Background
Tom Gaglardi, president of Northland Properties Corporation, has been the owner of the Dallas Stars since 2011. Under his leadership, the company has expanded its presence in Texas, with investments in hotels, restaurants, and real estate developments. Gaglardi’s commitment to the state is evident in his ongoing projects and the growth of his business operations in the region.
Conclusion
Tom Gaglardi’s continued investment in Texas underscores his confidence in the state’s economic growth and his dedication to enhancing the Dallas-Fort Worth area’s infrastructure and amenities.
Frequently Asked Questions (FAQ)
What is the Luminary project in Austin?
The Luminary is a planned 35-story luxury condominium tower in downtown Austin, featuring 286 residential units priced between $600,000 and over $3 million. It is designed to provide affordable housing options for young professionals and empty nesters seeking a lock-and-leave lifestyle.
Where is the Sandman Signature Hotel being built?
The Sandman Signature Hotel is being constructed in Las Colinas, a suburb of Irving, Texas. The 205-room, six-story hotel is part of a larger mixed-use development by Dallas Cowboys owner Jerry Jones’ Blue Star Land.
Who is Tom Gaglardi?
Tom Gaglardi is the president of Northland Properties Corporation and the owner of the Dallas Stars since 2011. Under his leadership, the company has expanded its presence in Texas, with investments in hotels, restaurants, and real estate developments.
Key Features of Tom Gaglardi’s Investments in Texas
| Project | Location | Description | Completion Date |
|---|---|---|---|
| Luminary | Austin | 35-story luxury condominium tower with 286 units priced from $600,000 to over $3 million | Not specified |
| Sandman Signature Hotel | Irving (Las Colinas) | 205-room, six-story hotel with Moxie’s Grill & Bar restaurant | Not specified |
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Author: STAFF HERE AUSTIN WRITER
The AUSTIN STAFF WRITER represents the experienced team at HEREAustinTX.com, your go-to source for actionable local news and information in Austin, Travis 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 SXSW, Austin City Limits Music Festival, Formula 1 United States Grand Prix, and the Austin Film Festival. Our coverage extends to key organizations like the Greater Austin Chamber of Commerce and Visit Austin, plus leading businesses in technology, automotive, and retail that power the local economy such as Dell Technologies, Tesla, and Apple. As part of the broader HERE network, including HERECollegeStation.com, HEREDallas.com, HEREHouston.com, and HERESanAntonio.com, we provide comprehensive, credible insights into Texas's dynamic landscape.
