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Rick Perry, 2 other GOP governors blast Medicare Advantage rates

TALLAHASSEE, Fla. (AP) — Three Southern Republican governors are writing President Barack Obama to complain about newly announced Medicare Advantage payments.

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Shale gas boom leaves wind power developers seeking more subsidy

NEW YORK — Wind power in the United States is on a respirator.

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I-30 entrance ramps near downtown to close permanently on Friday

Major traffic changes await Fort Worth motorists when the westbound Forest Park Boulevard exit from Interstate 30 and the Summit-Eighth avenues I-30 entrance ramp close permanently.

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Panther FW, Atlas CP snap up Dallas property

Panther FW Investments LLC has purchased a five-building industrial portfolio in the Valwood and East Brookhollow submarkets of Dallas.

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Cassco breaks ground on apartments at Clearfork

Cassco Development has broken ground on 392 apartments, the first multifamily phase in the 270-acre project fronting the Trinity River in west Fort Worth, the firm said said Tuesday.

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City Council to consider tax breaks for Linwood apartment plan
 
A. Lee Graham
Reporter
 
The developer behind a $50 million apartment and townhome development plan could enjoy tax breaks if the Fort Worth City Council gives the nod.
The issue awaits possible action at this week’s regular council meeting. Pre-council begins at 8:30 a.m. Tuesday July 16, with the regular meeting starting at 10 a.m. at City Hall, 1000 Throckmorton St.
Plans call for constructing 21 townhomes facing Carroll Street and three- and four-story apartment buildings with 347 units in the Linwood neighborhood just west of Montgomery Plaza in the West Seventh Street corridor.
The city is expected to consider abating up to 70 percent in city property taxes on the incremental value of real property investment for a 10-year period. That would save Greystar Real Estate Partners LLC $1.9 million out of $2.7 million total taxes generated in those 10 years. Fort Worth would gain $827,893 in property tax revenue in that period.
About $200,000 in city permit fees would be waived, as well.

lgraham@bizpress.net

 

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