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Bicycling, fitness center, rooftop bar coming to Clearfork's Trailhead

An 11,000-square-foot bicycling and fitness center is headed for the Trailhead at Clearfork on the Trinity River in west Fort Worth, Cassco Development said Wednesday.

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Residential land at Chisholm Trail Ranch purchased

Stratford Land, Legacy Capital Co. and the Walton Group of Cos. have snapped up 268 acres of residential land at Chisholm Trail Ranch in Fort Worth.

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Fort Worth to consider adopting 15-year Cavile Place redevelopment plan

The 300-unit Cavile Place housing project in Southeast Fort Worth would be razed and replaced in phases, with a significant number of the units redistributed into the neighborhood.

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Texas adds 19,100 nonfarm jobs in June; Fort Worth-Arlington jobless rate 5.3 percent

Seven of Texas' 11 major industry segments added jobs in June, the Texas Workforce Commission reported.

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Fort Worth payment processor acquired by pension plan group

Fort Worth-based First American Payment Systems has been acquired by an investor group led by the Ontario Teachers’ Pension Plan (Teachers’), with participation of members of the First American management team.

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Texas Senate gives early approval to road spending

 

JIM VERTUNO, Associated Press

AUSTIN, Texas (AP) — The Texas Senate has given preliminary approval to taking nearly $1 billion a year from the state's reserve fund and spending it on transportation.
The constitutional amendment, reached on Tuesday, still needs a final vote to send it to the House with one week left in the special session.
State transportation leaders say Texas needs to spend $4 billion more a year on transportation to keep up with growth. The Senate plan would divert oil and gas severance taxes collected in the reserve fund toward road building and maintenance.
The Senate plan only moves that money if the reserve fund has at least $6 billion. Senators debated whether keeping the minimum amount makes fiscal sense and will result in less money going to transportation.
The amendment would need statewide voter approval.

 

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