DALLAS—Onu Ventures’ founder & CEO Mikial Onu was named to the 2024 Dallas 500, D CEO Magazine’s annual list recognizing the most powerful business leaders in the Dallas-Fort Worth metropolitan area. Popularly known as the D500, the annual publication profiles the top 500 North Texas executives across 50 different industry categories.
“I cannot express how honored the Onu Ventures team and I feel about receiving this recognition,” remarks Mr. Onu. “Being recognized as one of the preeminent executives in Dallas-Fort Worth is a testament to all of the work that we have put into making Onu Ventures an emerging force in North Texas commercial real estate.”
D CEO Magazine’s editors compile the list after months of research and hundreds of personal interviews, as noted on its official release page. With Dallas-Fort Worth’s stature as the largest economy in the American South and one of the world’s top places for business, the D500 is an exclusive list that only the most respected business leaders have the privilege to make.
Mr. Onu, a former college football standout for Southern Methodist University, founded Onu Ventures at the end of 2021 as a socially conscious real estate development firm. The stated mission of Onu Ventures is to reclaim and revitalize underserved, underutilized communities across North Texas and the entire Sun Belt region.
Mr. Onu’s placement on the D500 list represents a culmination of an incredible period of expansion for Onu Ventures. In just the past 12 months, Onu Ventures has grown to own or control over 70 acres of property across Texas. Among them is The Adaline, the 12-acre mixed-use development comprising 10,000-square feet of retail space, an outdoor entertainment venue, and a 238-unit apartment complex, which will be a major economic catalyst for Southern Dallas County and the Best Southwest area when completed in 2025.
“I am really passionate about making a difference in North Texas,” Mr. Onu adds. “Making the Dallas 500 underscores my personal and professional commitment to this region. I aspire to be a leader that fosters a positive impact, from South Dallas to Best Southwest, to the Collin County suburbs, and beyond.”
Onu Ventures is preparing to start retail projects in Southern Dallas, near I-20 and North Dallas, on El Dorado Parkway, in Q1 of 2024. Outside of Dallas, the firm has residential development projects under construction in Houston, Beaumont, and soon-to-be Huntsville, Texas.
ABOUT ONU VENTURES, INC.
Onu Ventures is a real estate development corporation engaged in the acquisition, development, and disposition of all traditional types of real estate in the Sun Belt region. From raw land to master planned communities, we approach all projects with an open mind; we consider the future economic impact of the market and submarket. Developments include low to mid-density apartments, single-family home communities, townhome communities, mixed-use, and retail. We aim to capitalize on the immediate submarket’s opportunities for future growth. We make the vision a reality through careful due diligence, strategic partnerships, and competitive financing structures.