# Dallas won’t welcome wealth creation now? What city is this?

**By:** Dallas Morning News Editorial  
**Published:** 2026-09-24T13:59:45Z  
**Source:** [Dallas News](https://www.dallasnews.com/opinion/editorials/article/txse-dallas-stockexchange-y-allstreet-22447005.php)

---

Refusal to rename tiny portion of Harwood Street shows how City Hall doesn't get it.

A rendering of the Texas Stock Exchange's possible headquarters at Bank of America Tower at Parkside.

Courtesy of TXSE

A smart city knows you welcome jobs and investment with open arms and especially high-paying jobs that promise to seed growth and prosperity for generations to come.

Dallas is a smart city, but too many folks at City Hall seem determined to make it seem like we aren’t.

The vote of five council members Wednesday to refuse to rename a tiny nub of Harwood Street that dead ends at Woodall Rodgers Freeway is such an ugly snub at the people who are actually driving wealth for the future of this city.

It wouldn’t have hurt anyone to have that tiny stretch of road renamed 1 Exchange Place as a way to acknowledge the new Texas Stock Exchange (TXSE) that will make a home there.

The vote against came from council members Paul Ridley, Cara Mendelsohn, Bill Roth, Adam Bazaldua and Paula Blackmon.

The name change required the vote of at least 12 of the 15 council members, so it failed.

We can’t figure out all of the strange brew of reasons for this vote. It was cutting off your nose to spite your face. 

We can say there are times when some unusual mix of populism unites the minds of Mendelsohn and Bazaldua, who are on opposite ends of the political spectrum.

Mendelsohn revels in the maverick role, even when it makes no sense. She apparently is holding this name change hostage against any plan to move out of Dallas City Hall, as if it’s ever appropriate to punish one group to get your way on an unrelated issue. She also had a swipe at “random billionaires and business owners and former mayors coming down.” 

Bazaldua told us the process was “done in a vacuum and didn’t follow our normal protocol” and that he doesn’t “believe there’s any significance to Exchange as the name when we have actively been branding it as Y’all Street.”

We can’t agree. This street name change has been discussed for months, and the city Plan Commission overwhelmingly passed it Sept. 3. We are aware of no opposition from affected property owners. 

Just to check ourselves here — business owners are the reason we have a city at all. Business owners created Dallas and continue to create the wealth that makes Dallas possible.

We’ve said it before, and we say it again. Dallas is succeeding despite its government. What happens at 1500 Marilla St. has become a sideshow and an embarrassment.

We hope a future council corrects this error and demonstrates that we welcome wealth creators in our city.