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Group buys former Armour meatpacking site in Stockyards

The 16.8-acre site of the historic, former Armour meatpacking plant in Fort Worth’s Stockyards has changed hands, and its new owners aren’t saying anything about their plans. Chesapeake Land Development Co., which bought the site

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Hulen Pointe Shopping Center sold

Hulen Pointe Shopping Center, located in southwest Fort Worth on South Hulen Street one mile south of Hulen Mall, has been purchased by Addison-based Bo Avery with TriMarsh Properties for an undisclosed price.

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Dallas-Fort Worth in top five commercial real estate markets in 2015

According to the Emerging Trends in Real Estate 2015 report, just co-published by PwC US and the Urban Land Institute (ULI), Dallas-Fort Worth ranks No. 5, with two other Texas cities, Houston and Austin ranking at No. 1 and 2 respectively. San Francisco ranks No. 3 and Denver No. 4.

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Social House Fort Worth plans to open mid-November

Social House has leased 5,045 square feet at 2801-2873 W Seventh St. in Fort Worth, according to Xceligent Inc.

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Fort Worth temporarily stops issuing new home permits in TCU area

The moratorium will give a committee and the City Council time to review a proposed overlay that will pare the number of permissible unrelated adults living in the same house.

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Noble drills to confirm size of Cyprus gas field

 

NICOSIA, Cyprus (AP) — Noble Energy says it has begun drilling to determine the size of a gas field off Cyprus' southern coast.

The Houston-based company said Friday that it will take three months to drill to a depth of 5,600 meters (18,372 feet) below sea level and another 2-3 months to assess the data which will help map out the next stages of the field's development.

The field is estimated to 5-8 trillion cubic feet (140-230 billion cubic meters) of gas.

Bailed-out Cyprus is looking to its offshore gas reserves to help it pull out of its worst economic crisis in decades.

Cypriot authorities say confirmation of the field's size will help attract investors for a planned gas processing plant that will meet domestic energy needs and export excess supply.

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