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UPDATE: Could American Airlines move its headquarters?

A key linchpin in the Fort Worth economy, American Airlines Group Inc., is considering sites for a new headquarters, possibly outside the city, the airline’s CEO said this morning.

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Crestwood area hoping to block planned office building

Residents of West Fort Worth’s Crestwood Association are trying to block the rezoning of a small apartment complex at White Settlement Road and North Bailey Avenue to make way for a planned office building, saying it would represent the start of commercial encroachment into their neighborhood.

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Tiger Woods takes a swing at Fort Worth's Dan Jenkins - in print anyway

Rarely does Golf Digest make the news. Leave it to Dan Jenkins to change that.

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Hilton Fort Worth named to Historic Hotels

The Hilton Fort Worth is one of 24 hotels named a member of the Historic Hotels of America, the Washington, D.C.-based group announced on Nov. 18.

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Great Women of Texas honored

The Fort Worth Business Press held the Great Women of Texas event Wednesday night at the Omni Fort Worth Hotel. Stacie McDavid of McDavid Investments was honored as the

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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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What was the message of the midterm elections?