{"id":381242,"date":"2026-07-21T18:22:15","date_gmt":"2026-07-21T18:22:15","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-tx\/381242\/"},"modified":"2026-07-21T18:22:15","modified_gmt":"2026-07-21T18:22:15","slug":"sasha-bass-exits-sundance-square-as-ed-kraus-takes-ceo-reins","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-tx\/381242\/","title":{"rendered":"Sasha Bass exits Sundance Square as Ed Kraus takes CEO reins"},"content":{"rendered":"<p>One of downtown Fort Worth&#8217;s most prominent figures is stepping down: Sasha Bass will leave her role as president and CEO of Sundance Square, with former Fort Worth Police Chief Ed Kraus succeeding her this fall.<\/p>\n<p>Kraus will assume the role on September 1, Sundance Square says in a release. Bass, wife of Fort Worth <a href=\"https:\/\/fortworth.culturemap.com\/news\/society\/alice-walton-richest-woman-forbes\/\" target=\"_blank\" rel=\"nofollow noopener\">billionaire<\/a> and Sundance Square developer Edward Bass, will transition to focus on the Sasha and Edward P. Bass Family Foundation. <\/p>\n<p>&#8220;It has been a great honor to serve as the steward of Sundance Square and to advance the vision of our Chairman Edward P. Bass,&#8221; Sasha Bass says in a release. &#8220;Sundance Square is one-of-a-kind. &#8230; The work at Sundance is much bigger than any one of us.&#8221;<\/p>\n<p>Bass became Sundance Square&#8217;s third president and CEO in 2019, a year before the pandemic significantly slowed business and tourism to the district. During her tenure, the organization says it &#8220;transitioned from a traditional outsourced real estate management company of approximately 20 employees in 2019 to a vertically integrated real estate operations company with over 200 employees.&#8221;<\/p>\n<p>She also expanded Sundance Square&#8217;s programming and investment in live music, festivals, cultural events, and <a href=\"https:\/\/fortworth.culturemap.com\/news\/arts\/04-28-20-fine-line-group-the-new-normal-artist-support-initiative-edward-sasha-bass\/\" target=\"_blank\" rel=\"nofollow noopener\">public art<\/a>, with the organization saying annual visitation reached 17 million in 2025.<\/p>\n<p>Her departure also marks the end of a high-profile and highly scrutinized chapter &#8211; some might say &#8220;saga&#8221; &#8211; for Sundance Square. During her tenure, the district experienced significant turnover among downtown tenants. Longtime restaurants and retailers including  <a href=\"https:\/\/fortworth.culturemap.com\/news\/restaurants-bars\/reata-throckmorton-tower-sundance\/\" target=\"_self\" rel=\"nofollow noopener\">Reata restaurant<\/a>, <a href=\"https:\/\/fortworth.culturemap.com\/news\/entertainment\/four-day-weekend-comedy-sundance\/\" target=\"_self\" rel=\"nofollow noopener\">Four Day Weekend<\/a> comedy venue, and clothing giant <a href=\"https:\/\/fortworth.culturemap.com\/news\/fashion\/12-21-21-hm-downtown-sundance-square-closed\/\" target=\"_self\" rel=\"nofollow noopener\">H&amp;M<\/a>, closed or relocated, drawing criticism from residents and former tenants over leasing practices and creating high-profile vacancies.<\/p>\n<p>Entire <a href=\"https:\/\/www.instagram.com\/fortworth_confidential\/\" target=\"_blank\" rel=\"nofollow noopener\">social media<\/a> accounts were created to discuss Sundance Square and gained thousands of followers.<\/p>\n<p class=\"shortcode-media shortcode-media-rebelmouse-image\"> <img loading=\"lazy\" decoding=\"async\" id=\"2719e\" data-rm-shortcode-id=\"856347feccaf4b3cf5871f319ee7c673\" data-rm-shortcode-name=\"rebelmouse-image\" class=\"rm-shortcode rm-lazyloadable-image \" lazy-loadable=\"true\" src=\"data:image\/svg+xml,%3Csvg%20xmlns='http:\/\/www.w3.org\/2000\/svg'%20viewBox='0%200%201600%201159'%3E%3C\/svg%3E\" data-runner-src=\"https:\/\/www.newsbeep.com\/us-tx\/wp-content\/uploads\/2026\/07\/ed-kraus.jpg\" width=\"1600\" height=\"1159\" alt=\"Ed Kraus \"\/> Ed Kraus will officially take over as CEO and President of Sundance Square on September 1, 2026.Photo courtesy of Sundance Square<\/p>\n<p>Kraus joined Sundance Square in 2021 after a 29-year career with the Fort Worth Police Department, including serving as chief of police. He initially led the district&#8217;s security division before taking on a bigger leadership role overseeing strategic planning and safety operations.<\/p>\n<p>Kraus holds a bachelor&#8217;s degree in public relations from Texas Tech University and a master&#8217;s degree in criminal justice from Tarleton State University. He is also a graduate of the FBI National Academy, the Caruth Police Institute Executive Leadership program, and the FBI National Executive Institute, the release notes.<\/p>\n<p>&#8220;We began our downtown development nearly 50 years ago, and I&#8217;m thrilled to turn the next chapter over to such a capable leader,&#8221; chairman Edward P. Bass says in the release. &#8220;Ed is a strategic thinker whose contributions to Sundance Square over the last five years have been so impactful that he is without question the right person to lead Sundance Square.&#8221;<\/p>\n<p class=\"shortcode-media shortcode-media-rebelmouse-image\"> <img loading=\"lazy\" decoding=\"async\" id=\"3bcd9\" data-rm-shortcode-id=\"f468207fbe7c3eb89124610d63da863f\" data-rm-shortcode-name=\"rebelmouse-image\" class=\"rm-shortcode rm-lazyloadable-image \" lazy-loadable=\"true\" src=\"data:image\/svg+xml,%3Csvg%20xmlns='http:\/\/www.w3.org\/2000\/svg'%20viewBox='0%200%201200%20900'%3E%3C\/svg%3E\" data-runner-src=\"https:\/\/www.newsbeep.com\/us-tx\/wp-content\/uploads\/2026\/07\/sundance-square-catrina-fest.jpg\" width=\"1200\" height=\"900\" alt=\"Sundance Square Catrina Fest\"\/> Sundance Square Catrina Fest was a new initiative under Sasha Bass&#8217; leadership             Photo courtesy of Sundance Square         <\/p>\n<p>Transitions in the district have been happening for a few months. In May, Sundance Square <a href=\"https:\/\/fortworth.culturemap.com\/news\/real-estate\/sundance-square-jll-retail-leasing\/\" target=\"_blank\" rel=\"nofollow noopener\">hired commercial real estate<\/a> firm JLL to oversee leasing for more than 105,000 square feet of restaurant, retail, arts, and entertainment space. The goal was to revitalize storefronts and strengthen the district&#8217;s tenant mix, they said. Kraus, then serving as vice president, called the partnership an opportunity to &#8220;build on the current momentum.&#8221;<\/p>\n<p>The district also is coming off one of its most ambitious public programming efforts to date: <a href=\"https:\/\/fortworth.culturemap.com\/news\/entertainment\/sundance-square-soccer-world-cup\/\" target=\"_blank\" rel=\"nofollow noopener\">&#8220;Summer of Soccer,&#8221;<\/a> a six-week FIFA World Cup celebration that turned Sundance Square Plaza into a fan destination with watch parties for all 104 tournament matches, live music, public art installations, food vendors, and family-friendly activities that drew thousands of fans downtown, including many from out of town.<\/p>\n<p>To residents, Sundance Square remains one of downtown Fort Worth\u2019s biggest draws. Photos at the <a href=\"https:\/\/fortworth.culturemap.com\/news\/entertainment\/christmas-trees-biggest\/\" target=\"_self\" rel=\"nofollow noopener\">Fort Worth Community Christmas Tree<\/a> are a holiday tradition for many families. In Summer 2025, the Cliburn hosted a <a href=\"https:\/\/fortworth.culturemap.com\/news\/arts\/cliburn-competition-winners-celebration-fireworks\/\" target=\"_self\" rel=\"nofollow noopener\">spectacular party and fireworks show<\/a> there to celebrate the end of its international piano competition. A huge <a href=\"https:\/\/fortworth.culturemap.com\/news\/entertainment\/new-years-eve-celebrations-2025\/\" target=\"_self\" rel=\"nofollow noopener\">New Year&#8217;s Eve celebration<\/a> and buzzy spring <a href=\"https:\/\/fortworth.culturemap.com\/news\/arts\/fort-worth-art-fair-sundance\/\" target=\"_self\" rel=\"nofollow noopener\">Art Fair<\/a> draw visitors from all over the region.<\/p>\n<p>&#8220;I am humbled to step into this role,&#8221; Krauss says, adding, &#8220;I will lead with the values and vision that have come to define this special place.&#8221;<\/p>\n<p><script async src=\"\/\/www.instagram.com\/embed.js\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"One of downtown Fort Worth&#8217;s most prominent figures is stepping down: Sasha Bass will leave her role as&hellip;\n","protected":false},"author":2,"featured_media":381243,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[8691,116,118,117,106165,28371],"class_list":["post-381242","post","type-post","status-publish","format-standard","has-post-thumbnail","category-fort-worth","tag-downtown-fort-worth","tag-fort-worth","tag-fort-worth-headlines","tag-fort-worth-news","tag-sasha-bass","tag-sundance-square"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/381242","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/comments?post=381242"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/381242\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media\/381243"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media?parent=381242"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/categories?post=381242"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/tags?post=381242"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}