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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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Senate panel considers transportation funding bill

 

JIM VERTUNO,Associated Press


AUSTIN, Texas (AP) — Texas lawmakers are pondering how to solve the state's billion-dollar problem of paying for roads and other transportation projects.

Gov. Rick Perry this week added transportation funding to the agenda of the special session of the Legislature. The Senate Finance Committee has scheduled a Wednesday hearing on a plan to send a portion of oil and gas severance taxes into a special roads fund.

That money now goes into the state's reserve fund, and the plan by Sen. Robert Nichols of Jacksonville could divert billions toward building roads. Such a move would require a constitutional amendment approved by voters statewide.

State transportation leaders say Texas needs about $4 billion more per year on roads, even after a decade-long spike in highway construction and maintenance.

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