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here is a little white house on Pennsylvania Avenue where David Wallace, past
mayor of Sugar Land, would like to serve his nation and fulfill his ultimate
goal. With his experience and the momentum he is generating, most agree it is
definitely a possibility.
Wallace mentioned he has always been a stringent goal setter. One of those goals
is to be sitting in the oval office after the 2024 presidential elections.
However, there are a number of political offices along the way he is looking at
filling, with the mayor of Houston
’s chair as the first stop.
“Right now, I’m considering and exploring the first steps toward a run for Houston’s mayor,” Wallace said.
A number of influential community leaders have continued to approached him to
consider the office. However, if he decides to move forward with running for
Houston
’s mayor, he won’t toss his hat into the ring for another couple of years.
The very first step for Wallace and his family though would be to put their name
on a Houston mailbox.
“My wife and I have not taken steps to leave Sugar Land and move to Houston, even
though discussions with many Houstonians are continuing, so we
’ll have to see how things develop,” Wallace says.
The Momentum is Growing
Joanne Herring, Houston socialite turned fund-raiser, and as portrayed by Julia
Roberts in the film Charlie Wilson
’s War, is one of Wallace’s dedicated supporters, and continues to sing his praises after witnessing his
successes as mayor of Sugar Land.
“We need someone like David Wallace in Houston. Look what he did for Sugar Land
when he was mayor. David pulled in Minute Maid
’s corporate office and all Houston got was a (baseball) park. Look what all
Houston has to brag about. We have education, arts and culture, and so much
more. But somehow David locked them into Sugar Land; now that gives many people
something to think about,
” says Herring.
Herring added, Houston needs someone who understands business and running a
city, Wallace has that.
According to Sugar Land Mayor James A. Thompson, when Wallace sat in the city’s top chair, he was active
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in all levels of government to ensure the city received the resources to be
successful. He worked with business leaders to ensure that Sugar Land
’s economy led the region and many global corporations moved to the city.
Some of those highly publicized companies are Minute Maid’s corporate headquarters, Sunoco Logistics, Industrial Information Recourses,
Thermo Fisher Scientific, Bechtel Equipment Operation, Advanced Polybag and
many others.
National Attention
Wallace also brought national attention to the once small, bedroom community of
Houston.
“During his tenure, Sugar Land received numerous awards, such as being named
third in
“Best Places to Live” in America by MONEY Magazine and CNN/Money, America’s Fifth Safest City by CQ Press, one of the 100 Best Communities for Young
People for three consecutive years and the nation
’s first Community of Respect by the Anti-Defamation League,” says Thompson.
Wallace Has the Experience
Wallace’s resume, at a youthful 48, is longer than most politicians who have spent three
times the number of years in public service. His resume includes Board of
Directors
– Texas Economic Development Corporation, Investment Advisory Board – Texas Treasury Safekeeping Trust Company, Investment Advisory Board – State of Texas Comptroller, Member and Chairman – Texas Energy Center Task Force, Founding Treasurer and Director – Margaret Thatcher Foundation, United States Conference of Mayors – Trustee Member: Executive Committee, and serves on boards of directors and
leadership positions in numerous public and private companies. Moreover, the
list of nonprofits he has served in different capacities fills a couple of
pages. Wallace has also won a number of awards from Fort Bend County to
national honors.
Wallace served three terms as mayor of Sugar Land and declined to run a fourth
time; instead, he opted to fill the chief executive officer and co-founder of
Wallace Bajjali Development Partners, L.P., a real estate development firm
specializing in single-family lot subdivisions, commercial land development,
mixed-
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use town centers, vertical retail and office development.
As CEO of Wallace Bajjali, Wallace pulls on his extensive education in domestic
and international real estate, 30 years of business experience and terms as
mayor of Sugar Land.
Prior to his foray into politics, Wallace was a business man and turnaround
specialist, working in the process of acquiring and or creating over 100
companies and partnerships in a wide range of industries, from petroleum
products to telecommunications.
“I worked with investors, lenders and employers. Also, I worked with bankrupt
companies in an attempt to turn them around and save jobs. We also would go
into troubled companies and have to think outside the box for solutions, which
is the same thing mayors do,
” says Wallace.
Wallace’s Work Continues
to Benefit Texas
Today, Wallace continues his public service work behind the scenes to bring jobs
to the Lone Star State as the president-elect of Texas One Economic Development
Corporation. The board of this corporation was appointed by the governor and
its mission is to promote business and commerce in the state of Texas.
Recently, Wallace was in Chile and Brazil with the secretary of state meeting
with site selectors and more than 150 chief executive officers of companies
articulating the virtues of conducting business in Texas and moving their
headquarters to Texas or opening a divisional office in the state. A month ago,
he was on a similar mission to Boston.
“It is our goal to use local and state incentives to motivate these companies to
come to Texas and open for business. For example, the Texas Enterprise Fund
provides dollars through the Governor
’s Economic Development Department to create jobs in Texas. In one day, we had
several meetings with the U.S. ambassador and executives from very large
companies,
” Wallace says.
On these trips, a number of those he was traveling with, many from Houston’s leadership and political community, asked Wallace to consider a move to
Houston, and his reply,
“I’m giving it a great deal of thought.”
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