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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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Glen Garden rezoning for distillery, attraction, goes forward on 7-2 Fort Worth council vote

Fort Worth Mayor Pro Tem W.B. "Zim" Zimmerman moved to approve the rezoning on a substitute motion, after Council member Kelly Allen Gray initially moved to deny the case.

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Will Rogers arena plan moves ahead on Fort Worth council's vote

City Council members voted unanimously on a resolution that says it supports a 50-50 public-private partnership for a new arena that also would pave the way to raze the city's Convention Center arena and replace it with modern meeting space.

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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 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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Sumitomo buys equity stake in Southlake builder

 

Bellevue, Wash.-based Sumitomo Forestry Seattle Inc. has taken a 50 percent stake in Southlake-based Bloomfield Homes LP.

Sumitomo Forestry Seattle is a subsidiary of Tokyo-based Sumitomo Forestry Co. Ltd. 
The acquisition of equity shares will allow Sumitomo the ability to expand its U.S. housing business.
Established in 2004, Bloomfield Homes has grown to become the eighth largest homebuilder in the region with the sales of $89 million and 400 closings in the fiscal year that ended December 2012, according to a news release. The company expects fiscal 2013 sales to be $135 million with 600 closings, according to the news release. Donald Dykstra is president of Bloomfield Homes, which has 64 full time and part time employees.
 

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