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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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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 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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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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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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D.R. Horton reports 3Q

 

Fort Worth-based D.R. Horton Inc. announced Thursday its third-quarter profit fell to $146 million, or 42 cents per share, down from $787.8 million or $2.22 per share a year earlier. The year earlier quarter included a non-cash tax benefit of $716.7 million from a reduction. Revenue was up 47 percent to $1.6 billion compared to $1.1 billion a year earlier.


Donald R. Horton, Chairman of the Board, said, “Our homebuilding and financial services operations delivered strong results again this quarter, with a 580 basis point improvement in our pre-tax income margin to 12.1 percent and a 184 percent increase in our pre-tax income to $205.1 million,” said Donald R. Horton, chairman of the board. “ Homes sold, closed and in backlog all increased double-digit percentages, while the dollar values all increased 30 percent or more. Our average sales price increased 15 percent to $268,000, reflecting pricing power across most of our markets and increased demand from move-up buyers.”
 

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Training camp is starting this week. How will the Dallas Cowboys do this season?