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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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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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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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Fort Worth council members approve Cavile Place redevelopment plan

The vote kicks off what officials say will be a 10-15-year implementation.

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Comerica Bank names market president for Fort Worth

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Don Hellman

Comerica Bank has named Donald P. Hellman its first Fort Worth market president, the bank announced June 25.
Hellman, with 32 years of commercial banking experience in the Dallas-Fort Worth area, has led Comerica’s middle market business in Tarrant County since 2008. He will continue in that role, and as Fort Worth market president, his new responsibilities will include supporting the bank’s customer initiatives and overall business and community development efforts across its retail, business bank and wealth management businesses.
“After many successful years in banking in Dallas, we tasked Don, who began his banking career in Fort Worth in 1981, with opening our Tarrant County regional headquarters in 2008, in the midst of the financial market downturn,” said Faubion. “In that very challenging environment, Don helped grow our client base in Tarrant County, a success story that is a testament to his leadership abilities and business acumen, as well as Comerica’s strength and stability.”
An Irving native, Hellman is active in community and civic affairs, serving on the board of directors for Downtown Fort Worth Inc. and Communities in Schools of Greater Tarrant County. He is also an active member of the Fort Worth Chamber of Commerce.
Comerica Inc. is a financial services company headquartered in Dallas, and focuses on three business segments: The Business Bank, The Retail Bank, and Wealth Management.
In addition to Texas, Comerica Bank locations can be found in Arizona, California, Florida and Michigan, with select businesses operating in several other states as well as in Canada and Mexico. Comerica reported total assets of $64.9 billion at March 31, 2013.
Comerica Inc. trades on the New York Stock Exchange under the symbol “CMA.”
 

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