ANNUAL REPORT
THE LAS COLINAS LEGACY
In 1973, Ben Carpenter unveiled an innovative master plan for transforming his family’s 6,000-acre Hackberry Creek Ranch into an unparalleled urban development guided by a Declaration establishing rules for the community. Over the next 15 years, this once serene prairie landscape evolved into the vibrant, multi-faceted community known as Las Colinas.
More than fifty years later, Las Colinas has lived up to Ben Carpenter’s original dream, distinguishing itself as a premier destination for living, working, and leisure. Throughout this transformative journey, the Las Colinas Association (LCA) has been instrumental in guiding the community’s development, committed to preserving its exceptional standard of living.
HISTORY OF LAS COLINAS TIMELINE
1928
1959
Hackberry Creek Ranch expands to 6,000 acres
The parents of Ben Carpenter, John & Flossie, purchase the Hackberry Creek Ranch outside of Irving 1963
The Las Colinas Country Club is founded
The first building in the Las Colinas Urban Center opens
Ben Carpenter unveils the Las Colinas master plan and the Las Colinas Association is established 1981
Construction on the Mandalay Canal is completed 1979
The Mustangs of Las Colinas sculpture arrives to Williams Square 1997
2023
The Carpenter family sells its remaining acreage and expands the Las Colinas development 2017
Debut of the Toyota Music Factory entertainment district and Gables Water Street
2007
Ben H. Carpenter Monument unveiled at Founders Park
Las Colinas celebrates its 50th anniversary with a year-long series of activations
Wells Fargo opened its $570 million regional campus on Lake Carolyn
LAS COLINAS ASSOCIATION
WHO WE ARE
For over 50 years, the Las Colinas Association has maintained, managed and enhanced the Las Colinas community. Through the support of its members, the LCA offers unparalleled services that are the cornerstone of Las Colinas’ enduring appeal.
Separate from any homeowners association, all Las Colinas property owners are subject to LCA deed restrictions and an annual assessment.
WHAT WE DO
• Offer fire, burglar and alarm monitoring for members
• Deliver 24/7 enhanced security patrol throughout the development
• Uphold architectural standards to maintain the unique quality of Las Colinas
• Oversee landscape maintenance, beautification and litter control
•
LETTER FROM THE PRESIDENT
From Fortune 500 recognitions, landmark corporate campuses, and numerous festivals and events, 2025 reinforced what has long been true, Las Colinas remains one of the most dynamic and desirable communities in Texas. Perhaps no single project better illustrates Las Colinas’ heritage as a corporate destination than the opening of Wells Fargo’s $570 million regional campus. The two-tower development on Lake Carolyn opened in October, bringing with it over 4,000 new employees and the company’s first energy net-positive designed facility from its extensive solar power generation. Additional projects included FOX 4 KDFW breaking ground on its new broadcast facility on Royal Lane, Caterpillar Inc. expanding its local footprint with the acquisition of the former Zales/Varispace building and Unleashed Brands announcing plans to bring approximately 300 employees to its new headquarters at 600 E. Las Colinas Blvd. The year also saw two major corporate milestones as Las Colinas-based Nexstar completed its acquisition of Tegna and Abbott Laboratories committed $500 million to expand diagnostics and research operations. In all, eight Irving-Las Colinas companies earned a place on the Fortune 500 list, with McKesson leading as the top-ranked company in the Metroplex.
Beyond the corporate boardrooms, Las Colinas once again proved itself as a place to bring people together. Irving’s Levy Event Plaza anchored a standout year of community gatherings, beginning with the inaugural Rare Steak Festival in May, where more than 25 of the region’s top steakhouses competed for steak supremacy. September brought a dose of spectacle when Red Bull Flugtag returned for the first time since 2013, filling the shores of Lake Carolyn with crowds cheering on teams and their creative flying machines. The plaza also served as the starting line for the American Cancer Society’s Making Strides Against Breast Cancer Walk and the American Heart Association’s Dallas Heart Walk, two events that showcased the impact of collective action and a shared spirit of generosity.
Amid the celebrations, Las Colinas grieved the loss of one of our most influential leaders. On August 3rd, Heinz Simon passed away at the age of 90. Hand-picked by founder Ben Carpenter to succeed him, Heinz served as President of the Las Colinas Association from 1997 to 2007 and poured decades of his life into shaping the community we enjoy today. Long after stepping down from the role, he remained a devoted resident, a mentor to those who followed him, and a tireless champion of Las Colinas. While we miss him, we’ll always remember his many contributions.
Lastly, I’d like to thank every Las Colinas member, resident and business for being a vital part of our community’s success. Without your commitment and contributions, we would not be able to sustain and grow this special community. I look forward to seeing you in 2026.
J. HAMMOND PEROT President & CEO
The Las Colinas Association is governed by non-compensated, volunteer board members, with equal representation for residential and commercial properties, and one At-large representative. An executive team, along with leadership and staff, oversees the day-to-day operations of LCA.
CARL MCKEE Architectural Control Committee Chair
SUSHIL PATEL At-large Representative
J. HAMMOND PEROT President & CEO
MARK A. WILLIAMS Residential Representative
ERICA GRETZLER Commercial Representative
EXECUTIVE OFFICE
J. Hammond Perot, President
Colt Miranda, Vice President
Jules Kang, Director of Member Relations and Development
Jan Paradis, Administrator
GENERAL OFFICE
Selena Trevino, Office Coordinator
Patricia Castillo, Administrator
MICHAEL BRIGANCE Treasurer, Commercial Representative
KENNETH GWYN Secretary, Residential Representative
DANNY OPITZ Chairman, Residential Representative
HARRY LAKE Vice Chairman, Commercial Representative
ARCHITECTURAL CONTROL
ARCHITECTURAL CONTROL COMMITTEE
The Declaration of Las Colinas established the Architectural Control Committee (ACC) and with it, the covenants, conditions and deed restrictions that are the key to the community’s longterm success.
The ACC is responsible for approving or rejecting a submission based on its harmony with the surroundings, conformity with existing structures and design, and overall aesthetics.
LAS COLINAS COMMUNITIES
Single-family homes in Las Colinas
PLAN REVIEW STAFF
The Plan Review Staff reviews over 1,000 submissions annually. The staff members evaluate each submission for compliance with deed restrictions, standards and previously approved plans, advising the property owner of any non-compliance that would require changes before the submission is brought to the ACC.
Homes when fully developed 7,927 Residential neighborhoods
Apartments
Completed units in Las Colinas
Total units under construction
Approved in 2025
ARCHITECTURAL CONTROL
Phil Ochsner, Director
Alanna Brown
Shaila Quoreshi
Jay Myers
Raymond Ray
SUBMISSIONS
NEW MULTI-FAMILY AND CONDOMINIUM PROJECTS
NEW COMMERCIAL PROJECTS
NEW HOMES: SINGLE FAMILY HOMES AND TOWNHOME BUILDINGS
TOTAL SUBMISSIONS (INCLUDES
*Other categories include items such as signs, paint changes, landscaping, pools, roofs and arbors.
Average number of submissions viewed at each ACC meeting in 2025
Number is approximated and includes both residential and commercial ACC submissions.
Residential and commercial ACC meetings in 2025
ACC meetings are not held during the weeks of Thanksgiving and Christmas.
1,397
1,559
1,497
1,497
COMMON PROPERTY
THOUGHTFULLY PLANNED, PERFECTLY PLANTED
Las Colinas’s charm can be found on display throughout common areas or nestled among the Urban Center cityscapes. LCA’s Common Property department oversees the installation and maintenance of more than 190 acres of parks, street medians, greenbelts and common areas in Las Colinas.
Manicured landscapes, seasonal flowers, holiday lighting and a pristine environment have been trademarks of the community for over 50 years.
2025 COMMON PROPERTY PROJECTS
• Complete renovation of the Las Colinas Flower Clock
• Street lighting enhancements along Las Colinas Blvd. and MacArthur Blvd.
• Installation of a new aerator in Rochelle Park
• Landscape maintenance and improvements, including the planting of over 50 new trees throughout the community
• Holiday lighting enhancements that included larger activation areas
• Replacement of trees in La Villita, along Las Colinas Blvd. and the Durango Greenbelt in University Hills
COMMON PROPERTY
Scott Wilson, Director
Darla McDaniel, Manager
Jaime Alvarez, Coordinator
Adolfo Leal
Marcos Soto
Martin Lopez
Jose Pineda
LAS COLINAS ASSOCIATION’S PROPERTY MAINTENANCE INVESTMENT 2025*
PROPERTY OWNERSHIP
*Includes maintenance of Paws Colinas, Levy Event Plaza, Promenade Ct. and four Litter Control personnel
SECURITY SERVICES
ALARMS PROCESSED BY LCA SECURITY:
*Signals are high due to technical notices regarding phone lines and communications.
*General alarms requiring Dispatch processing with response generated and/or notification.
TYPES OF ALARM CALLS PROCESSED IN 2025:
20,558 BURGLARY
2,380 *
*No Valid Burglary Alarms Reported **636 False Fire Alarms, 3 Valid Fires FIRE 639 ** MEDICAL 60 PANIC 23
TOTAL MILES DRIVEN BY SECURITY PATROL IN 2025:
448,773
Jim Cook,
Chris Laudrille,
Stephen Craig
James Lewis
Amanda Espinoza
Jerry Hunt
Joseph Johnson
Jessica Ramirez
COMMON COMPLIANCE ISSUES:
Lawn
Maintenance
Jeff Posival, Director
Zach Orr, Coordinator
Carl McKee
James Kolm
Kara Sloan
Jimmy Dammer
Ami Browning
Alejandro Galindo
Chandler Payne
Chris Gorzney
INFORMATION TECHNOLOGY | STRATEGIC PLANNING
In 2025, the Las Colinas Association launched a multi-year initiative to modernize its technology infrastructure with the goal of improving operational efficiency and expanding online services for members. Following a comprehensive review of the Association’s existing systems and future service needs, incorporating input from members, staff, and industry experts, the Board of Directors approved a new integrated technology platform built on Zoho One.
During the fall of 2025, Association staff worked with development partners to begin migrating from legacy CRM and accounting systems to the new platform. A phased rollout of the new systems began in January 2026.
Work completed in 2025, and continuing into 2026, will deliver several key improvements:
• Enhanced field capabilities for the LCA staff, enabling more efficient workflows;
• Centralization of technology operations within a secure cloud-based environment;
• Streamlined online forms for resale and estoppel requests, ACC submissions, and other services, reducing paperwork and response times;
• Improved communication tools, including email and SMS notifications, to keep members informed about compliance cases, resale/estoppel certificates, ACC submissions, and other important matters;
• Launch of a new online member portal providing centralized access to financial and property information, self-service updates for contact and property management information, and easy access to governing documents.
The modernization effort represents a significant investment in the Association’s long-term capabilities. Full implementation of the new platform is anticipated in mid-2026 and will provide a stronger digital foundation to support the LCA members for years to come.
Chase McCullough, Director
Tim Glass, Director
COMMUNITY RELATIONS AND MARKETING
The Community Relations and Marketing Department plays a pivotal role in fostering engagement between the Las Colinas Association and its membership. A primary focus of the department is on enhancing communication through various channels such as:
PRINT AND EMAIL NEWSLETTERS DIGITAL PLATFORMS
COMMUNITY EVENTS AND ACTIVATIONS
The department actively collaborates with the local community through event sponsorships, program partnerships and promotional support, ensuring a dynamic connection between members and the broader community.
NEIGHBORHOOD EVENT PARTNERSHIPS
Successfully launched eight collaborative pop-up events cohosted by LCA and participating residential villages
GAME-A-THON
Formerly Bowl-A-Thon, the enhanced fundraising event raised $47,089 for the Irving Family Advocacy Center
LAS COLINAS LIGHT CLUB
The waterside music series continued to gain popularity, doubling attendance numbers since its 2024 debut
COMMUNITY RELATIONS AND MARKETING
Candace Emerson, Director
Jessica Hubble-Luther, Manager
Adrianne Williams
FINANCIALS
CURRENT ASSETS
Cash and cash equivalent
Accrued interest receivable
Accounts receivable, net
Prepaid expenses
Total current assets
INVESTMENTS
CAPITAL ASSETS, NET
TOTAL ASSETS
CURRENT LIABILITIES
Accounts
Investment in physical properties
Board designated for future major repairs and replacements
Board designated for wayfinding signage
General and administrative
Total net assets without donor restrictions
NET ASSETS WITH DONOR RESTRICTIONS
TOTAL NET ASSETS
TOTAL LIABILITIES AND NET ASSETS
$16,742,233
$39,228
$597,137
$197,659
$17,576,257
$6,480,057
$10,803,699
$34,860,013
STATEMENT OF ACTIVITIES
REVENUES, GAINS, AND OTHER SUPPORT
Member receipts, net
Management fees
Plan review fees
Enforcement maintenance
Legal fees
Document processing fees
Late fees
Resale certificates
Lien fees
Supplementary declaration changes
Interest income
Miscellaneous revenue Total revenues, gains and other support
EXPENSES AND LOSSES
Program expense
$10,803,699
$6,242,345
$590,101
$16,941,330
$34,577,475
Common property
Community relations
Monitoring and patrol
Architectural control
Property compliance
Special projects
Supporting services
Office
Year ended December 31, 2025
Year ended December 31, 2025
STATEMENT OF ACTIVITIES
Continued from page 14
CHANGE IN NET ASSETS
NET ASSETS, beginning of year
NET ASSETS, end of year
Colt Miranda, Vice President
Holily Dayrit, Manager
Zulema Alvarez
Daniela Hill
Sandra Helland
3838 Teleport Blvd.
Irving, TX 75039
(972) 541-2345
lca@lascolinas.org
