With the wind
at his back and
a fortune in the
bank, young Ray
Hunt could have
gone anywhere.
Wouldn't it
be convenient to
reinvent himself
far from Dallas,
where people
didn't know the
complicated and
sometimes
painful history
of the Hunt
family? As a
wealthy young
man and natural
leader, Mr. Hunt
could have
scaled the
social and
political rungs
of any city.
... Over
four decades,
Mr. Hunt has
helped remake
Dallas from an
estranged
American outpost
to a
cosmopolitan
city at the
crossroads of
commercial and
political life.
His low-key
personality and
insistence on
privacy have
sometimes masked
his impact on
the city where
his father, the
eccentric oil
mogul H.L. Hunt,
built an empire
but remained
detached from
civic life.
Mr. Hunt's
national
reputation has
swelled in the
past three
months,
owing mostly to
his decision to
go to Iraq in
search of oil.
Hunt Oil Co.'s
contract raised
questions about
Mr. Hunt's close
relationship
with President
Bush and
prompted
allegations that
he stands to
profit from the
spoils of war.
... Most
of Mr. Hunt's
free time has
been spent
raising a family
and
shaping
institutions
that define
Dallas,
not working to
elect Republican
politicians.
... As a
businessman, Mr.
Hunt's motives
are foremost
financial. His
earliest
involvement in
health care was
intended to make
Dallas into a
medical referral
center, hoping
to strengthen a
health care
industry that
was losing
ground to
Houston.
... Ray
Hunt was the
youngest son of
H.L. Hunt, a
wildcatter who
was once the
world's richest
man. H.L. Hunt
had three
families by
three women; six
sons were older
than Ray Hunt.
...
In
addition to
working at Hunt
Oil, Mr. Hunt
started a
real-estate
business, having
started buying
property while
still at SMU.
Among his
acreage was an
old, neglected
rail yard on the
southwestern
edge of
downtown. To
realize his
vision of
building a hotel
there,
Mr. Hunt
courted city
officials to
participate in
the deal.
The city,
desperate for
new development
in downtown,
agreed to spend
$38 million on
streets and
other
infrastructure
to develop the
area.
Officials
also handed over
air rights and a
long-term lease
at Union
Station. In
exchange, Mr.
Hunt donated
property to the
city that became
the site of
Reunion Arena.
The deal was
a first for
Dallas ? a
partnership
between big
business and
City Hall ? and
for Mr. Hunt,
who was in his
early 30s and
not widely
known.
...
The
Hyatt Regency
opened in 1978,
with a massive
fireworks
display that
stopped traffic
on Dallas'
streets. Reunion
Tower, the
lollipop-shaped
structure next
to the Hyatt,
instantly
redefined
Dallas' skyline.
But the
residences and
shops that Mr.
Hunt envisioned
around the hotel
never followed.
... The sports
teams later
abandoned
Reunion, and Mr.
Hunt didn't
develop air
rights he
obtained above a
city parking
garage.
Those
shortcomings
provided fodder
for Mr. Hunt's
critics, who
have argued
since then that
Mr. Hunt hasn't
done enough for
Dallas.
Almost three
decades later,
sore feelings
over the Hyatt
deal re-emerged,
as the City
Council debated
a $6.3 million
tax break for
Hunt Oil's new
headquarters.
Laura Miller,
then Dallas'
mayor and a
longtime critic
of Mr. Hunt,
accused the
company of
needlessly
picking the
city's pockets.
Mr. Hunt's
lieutenants said
Hunt Oil would
relocate to
another city,
perhaps Irving,
if the company
did not get the
same tax break
granted to other
corporations in
downtown Dallas.
"I believe
you should only
go where you are
wanted," Mr.
Hunt said in an
interview. "And
if you are not
wanted
somewhere, you
should not stay
there."
The City
Council approved
the deal, while
Ms. Miller and
council member
Mitchell
Rasansky voted
against it.
... Mr. Scovell
confirmed the
company had a
permit ? for
demolition of an
existing
structure on the
site ? before
the council
vote. The timing
looked bad, he
acknowledged.
But Hunt Oil
would have gone
to Irving or
elsewhere if
Dallas' council
had rejected its
request, he
said.
To Mr. Hunt's
friends, the
dispute
underscored the
occasional
liability of
being a Hunt. To
others, it
underlined a
contradiction ?
of the
city's leading
resident
hectoring
elected
officials over a
sum that
amounted to a
sliver of its
total costs.
... Some
people close to
Mr. Hunt think
he always
intended to
build in Dallas.
His family has a
nearly 70-year
presence in the
city, and
leaving would
have taken him
away from the
place he
committed
innumerable
hours to
improving.
...
Mr. Hunt has
also made an
impact on Dallas
with his money.
No single source
has catalogued
his
philanthropy,
but according to
public records
and newspaper
accounts,
Mr.
Hunt and his
wife have
donated at least
$3.2 million to
causes that
include shelters
for abused women
and homeless
people, suicide
hotlines and
programs to help
women leave
sexually
oriented
businesses.
... Much
of Mr. Hunt's
philanthropy has
benefited SMU.
In 1993, he
pledged $25
million to
underwrite
scholarships for
young leaders.
He also gathered
the funding to
underwrite a
center for
economic studies
in Dr. Johnson's
name, said Jack
Knox, an oilman
who has known
Mr. Hunt since
their days
together at SMU.
... JPI,
a developer that
survived the
late-1980s
real-estate
crash with an
investment from
Mr. Hunt, is
poised to
develop a
mixed-use
project in a
redeveloped
Trinity River
corridor.
... Woodbine
Development
Corp., Mr.
Hunt's
real-estate
company with Mr.
Scovell, may be
working with the
city again.
Woodbine wants
to build a new,
city-owned hotel
near the Dallas
Convention
Center. Plans
were scuttled
earlier this
year after the
city and
Woodbine
couldn't agree
on financial
terms.
But the city
is close to
issuing a new
advertisement
for hotel
developers.
Although a
surface parking
lot near the
convention
center is
considered a
likely site, a
cheaper site
would be above
the parking
garage where
Woodbine owns
air rights.
Without
having developed
its rights,
Woodbine could
sell or trade
them back to the
city.
"It's almost
d??vu," Mr.
Scovell said.
"We have
something the
city needs, and
we'd certainly
look at what
other assets the
city has. Is
there a land
exchange?"
With Ms.
Miller gone from
the mayor's
office, the most
prominent critic
of such a deal
is gone. Dallas'
new mayor, Tom
Leppert, a
former
construction
executive, is
friendly with
Mr. Humann and
Mr. Scovell and
wants to see the
hotel built.
...