DALLAS--(BUSINESS WIRE)--Crow Holdings, the Dallas-based real estate investment and development firm, announced today that it is continuing its partnership with the Texas Trees Foundation and the City of Dallas by planting 50 trees at Dallas’ Walnut Hill Park on December 4.
This marks the second year in a row that Crow Holdings has provided financial resources and employee volunteers to plant trees in Dallas parks. Last year, more than 125 Crow Holdings employees planted 50 trees at Dallas’ Kidd Springs Park in Bishop Arts in support of the Branching Out initiative, a City of Dallas program to replace trees that were lost during severe weather last year.
“We are delighted to continue our partnership with the City of Dallas and the Texas Trees Foundation, carrying forward a legacy of reforestation across America and creating positive change for our communities and the environment at large,” said Michael Levy, CEO of Crow Holdings.
“The destruction from last year’s tornado to the tree canopy transformed neighborhoods and parks, but not for the good. More than 700 mature trees were lost at Dallas city parks in 2019, and it would take 5,200 new trees to replace them. Thanks to Crow Holdings, we are 100 trees closer to reaching our goal,” said Janette Monear, CEO at the Texas Trees Foundation. “We are incredibly grateful to the Crow Holdings team for working with the City of Dallas and continuing to support this important cause. By replanting lost trees, we are promoting a greener, cleaner, cooler Dallas.”
The partnership with Texas Trees and City of Dallas builds upon Crow Holdings’ longstanding commitment to tree planting, local conservation, beautification efforts, and supporting urban parks. Trammell Crow, the late founder of Crow Holdings, co-founded the Dallas Parks Foundation (now the Texas Trees Foundation) in 1982 and later served as the foundation’s Chairman. Mr. Crow also established the National Tree Trust and was appointed its Chairman by President George H.W. Bush in 1990.
Trammell Crow’s conservation legacy lives on today through Crow Holdings’ sponsorship of and company-wide participation in EarthX, the world’s largest Earth Day event, as well as the company’s longstanding commitment to community involvement through its support of numerous national and local nonprofits across the country.
For the December 4 tree planting event, Crow Holdings worked closely with the City of Dallas to ensure that strict social distancing, sanitation and other Center for Disease Control protocols were followed.
About Crow Holdings
Crow Holdings is a privately owned real estate investment and development firm headquartered in Dallas, Texas. With a 70-year operating history and a strong track record of performance and innovation, the Company has extensive industry reach and access through its businesses’ 15 U.S. offices. The investment management platform consists of Crow Holdings Capital (CHC) and Crow Holdings Partners (CHP). CHC manages $11B of real estate assets through its value-add and specialized funds invested across property types in the United States. CHP is focused on investing in and managing developments sponsored by Trammell Crow Residential and Crow Holdings Industrial through separate accounts, programmatic ventures and funds. The development platform consists of Trammell Crow Residential, Crow Holdings Industrial and Crow Holdings Office, and develops multifamily, industrial and office properties. The founding principles of partnership, collaboration and alignment of interests remain central to the firm’s mission today. For more information, please visit www.crowholdings.com.
About Texas Trees Foundation
The Texas Trees Foundation (Texas Trees) serves as a catalyst in creating a new green legacy for North Texas through transformational, research-based plans that educate and mobilize the public to activate the social, economic, environmental, and health benefits that trees and urban forestry provide for a better quality of life.