About Myron
My career passion has always been helping businesses achieve scale, foster and manage growth, and execute capital, growth, and exit plans.
For over 20 years Myron E. Mims Esq. has provided legal and consulting services to small and medium sized businesses. At the turn of the century Mims co-founded a boutique law firm (Nixon Mims, LLP) that developed a niche advising and representing a diverse clientele of small businesses. Nixon Mims also operated a American Title office in downtown Dallas that serviced its real estate clients. Mims served as general counsel and oversaw compliance for many of the firm’s clients operating under state and federal regulatory oversight.
“The business and professional relationships I developed with owner-operators and entrepreneurs during the Nixon Mims years are among my most treasured professional experiences, and my clientele has always consisted of a large amount of ‘remnants and referral’s’ from the firm that I’m very grateful to have”.
Today, Mims’ practice remains focused on providing value-add legal services to businesses and real estate entrepreneurs, with an acute focus on advising growth-stage companies seeking to institute a sound governance foundation; develop viable growth, capitalization, and succession (exit) plans; and access equity capital and alternative financing markets.
Mims honed his leadership skills thru civic service, including as mayor-appointed chairman of two downtown Dallas’ Tax Increment Financing District (TIF) boards, and chairman of the City’s first local government corporation.
“My fondest TIF board memories are of the downtown parks sub-committee, when the major challenge of “connecting” the downtown neighborhoods that were separated by vast surface parking lots… I think it’s safe to say that the regions acceptance of the “deck” (Klyde Warren) park has met and exceeded the committee’s expectations.
Mims also served as board and executive board member of the Oak Cliff Chamber of Commerce where he worked with neighborhood business owners and pioneering real estate developers to improve the economic conditions of this large and diverse urban neighborhood abutting downtown Dallas.
Mims current leadership initiatives include helping emerging domestic market companies (EDMCs) access capital markets.
CAREER HIGHLIGHTS & ACCOMPLISHMENTS
In 2004 Mims was appointed chairman of Dallas’ Center City & Uptown Connector TIFs, serving in these capacities until 2011. During this period Mims was also appointed chairman of Dallas’ first local government corporation (Downtown Dallas Development Authority) which provided catalyst funding for transformative projects such as Dallas’ Klyde Warren Park and the revitalization of the Mercantile Complex. During Mims’ leadership tenure downtown Dallas experienced a substantial revitalization and saw $181M of public participation spending; 2.3B of private investment, and over 5,000 residential units (a 200% increase); 2,816 hotel rooms; and 502,100 square feet of retail space were added. Office vacancy rates decreased substantially as Fortune 500 companies AT&T, Comerica Bank and Tenet Health Care relocated to downtown Dallas. In addition, the downtown parks masterplan was implemented.
As regional asset manager of California based real estate investment and development firm, Mims’ commercial real estate assets under management exceeded $100 million, consisting primarily of 1.5 million square feet of commercial retail space. Mims lead the conceptual and pro forma planning for a 700,000sf first-generation outdoor suburban mall in Irving, Texas. Mims responsibilities also including management and oversight of all regional operations, including tenant, staff, vendor, and third-party relationships, and regulatory compliance. Mims implemented lease execution and management processes, and risk mitigation measures to replace the existing management and operating system that was produced recurring complaints from the firm’s national and regional retail tenants.
Mims served as regional counsel for a real estate investment and development firm where he managed the Company’s contract execution and management, and dispute resolution affairs. Mims was responsible for oversight and risk management of all legal affairs, including management of a robust litigation docket consisting of a seven figure, multi-party construction lawsuit, and multiple vendor and tenant disputes. Mims prepared new contract docs and implemented execution and management processes that lead to the reduction of litigation.
As a managing partner of Nixon Mims, LLP Mims provided legal and consulting services to clients of that consisted of real estate, construction, telecommunications, media and food industry businesses. Mims routinely assisted clients with developing corporate governance and management protocols, strategic planning initiatives, and advised clients in the negotiation and execution of complex business transactions. Mims routinely provided operational oversight and technical analysis for management. During this period Mims obtained firsthand experience of the access to capital impediments and challenges that growth-stage businesses face.
Business Reconciliation Counsel – Provided fee-based and pro bono legal services to small businesses located in Grande Isle, LA – inland to Louisiana’s southernmost Port Fourchon – the epicenter of the Deepwater Horizon Oil Spill. Mims helped these small (mostly one-owner) businesses document their historical operating and financial records to justify their economic loss and satisfy the business disruption claim application requirements that the BP Defendants demanded.
LICENSES & AFFILIATIONS
- Attorney : (State Bar of Texas (1998 – Current))
- Planning Consultant : (City of Dallas (2008 – Current))
- CDE (via Rook Partners, Ltd.) : (CDFI – U.S. Treasury (2014 – Current))
- Member : (Urban Land Institute (2002-2010))
