PRESS RELEASES - MAY 2006

“We’re going shopping at Glorypark”
Steiner/Hicks Holdings reveal name for proposed Arlington development

May 26, 2006

Steiner + Associates and Hicks Holdings LLC today took one more step toward finalization of a Town Center project in Arlington, Texas.

They gave it a name.

The co-developers said the mixed use project will be branded Glorypark, a name they called a “complete” description of the much-discussed development in Arlington.

Arlington is the home of Major League Baseball’s Texas Rangers and the future home of the National Football League’s Dallas Cowboys. It is a retail/office/residential development that is planned to augment Arlington’s position as one of Texas’ most important regional and national destinations. The developers revealed the name in a briefing session to the Arlington City Council.

The firm hired to brand the project, desgrippes gobé, met with Arlington officials Tuesday to unveil the moniker. When approved, Glorypark could open as soon as fall 2008. It could include 1.5 million square feet of retail space that mirrors Steiner’s Easton Center in Columbus, Ohio and Zona Rosa in Kansas City, Missouri.

Marc Gobé, who is the author of Emotional Branding, headed the project.

“We believe Glorypark will connect emotionally with guests and residents, making it both a destination and brand opportunity. You can attach the name Glorypark to a village, center, drive, square or a parade,” said Gobé. “Glorypark will be an important place for shopping, sports and office space. It will also be an enviable address between Dallas and Fort Worth.”

Gobé said the evaluation process took four months and included meetings with stakeholders. They also conducted numerous focus groups to evaluate naming possibilities.

“We believe it’s a name that has vision, personality, and distinctiveness,” said Gobé. “It’s always tough to re-name a place, especially if the charge is to communicate a new concept and way of life. Glorypark is a name that honors Arlington’s heritage and celebrates its future.”

About Steiner + Associates

Founded in 1993 and located in Columbus, Ohio, Steiner + Associates is a full-service real estate development company.

Steiner + Associates has completed nearly 4 million square feet of new urban retail and mixed-use development including Easton Town Center in Columbus, Ohio; Newport on the Levee in Newport, Kentucky; Centro Ybor in Tampa, Florida; and Zona Rosa in Kansas City, Missouri. The company currently has projects underway in Camden, New Jersey; Kansas City, Missouri; Dayton, Ohio; Hampton, Virginia; Milwaukee Wisconsin; and Arlington, Texas.

About Hicks Holdings

Hicks Holdings was formed in January 2005 as a holding company for the Hicks family’s sports, real estate and other assets and investments. Its sports-related holdings include the Texas Rangers Baseball Club, the Dallas Stars Hockey Club, and a 50% interest in the American Airlines Center. Hicks Holdings is developing 200 acres around Ameriquest Field in Arlington. It is also developing 40 acres in Frisco, Texas adjacent to the Frisco Sports Complex. In January 2006, Hicks Holdings announced a hotel development joint venture with Gatehouse Capital Corp., a Dallas-based real estate investment firm, under which Hicks Holdings will invest with Gatehouse Capital in high-end hotel and residential real estate projects in Texas, California and other U.S. regions. Hicks Holdings is also a partner with Hillwood Development Company in the Victory Park project in downtown Dallas. Hicks Holdings is the controlling shareholder of Gammaloy, a leading oil and gas drilling tool rental and manufacturing company, and of River City Landscape Supply, a leading regional supplier of landscape materials. It also owns Ocular LCD Inc., a Richardson, Texas-based maker of high-performance liquid crystal displays, and recently formed DirecPath to provide bundled DIRECTV programming, broadband voice and data services, security and other locally based services to multiple dwelling units. Through Hicks Trans American Partners, Hicks Holdings also selectively pursues corporate and real estate investments in South America.

Media contact:
Rick Ericson
The LeMaster Group
214-706-6000