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Obama calls for offshore drilling in Southeast

WASHINGTON — The Obama administration on Tuesday outlined a politically fraught plan for allowing oil and gas drilling offshore along parts of the Atlantic coast while imposing new restrictions on environmentally fragile waters off northern Alaska.

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Alliance's Hillwood Commons lands first tenant

A large title insurance, property valuation and settlement services company is the first tenant at Hillwood Commons I, an office complex at Alliance Town Center.

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Energy Transfer Partners, Regency Energy announce $18B merger

Energy Transfer Partners LP of Dallas and Regency Energy Partners LP have entered into a definitive merger agreement.

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Fort Worth's mayor looking for new chief of staff

Jason Lamers is leaving the city after 14 years to join Burlington Northern Santa Fe.

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Podcasting superstar from 'Serial' coming to Fort Worth

If you hear yourself hearing a certain haunting theme in early August as you pass the Omni Fort Worth Hotel, don’t be alarmed.

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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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