Join The Discussion

 

Dallas Fed's Fisher, Philadelphia Fed leaders to retire in 2015

WASHINGTON — The outspoken president of the Federal Reserve Bank of Philadelphia will step down in March, shortly before the central bank is expected to raise interest rates for the first time since the recession, the regional bank said Monday.

read more >

RadioShack sees stock jump on investment report

Fort Worth-based RadioShack saw its stock increase as much as 45 percent on Friday as investor Standard General LP said it was continuing talks on new financing for the electronics retailer.

read more >

Fort Worth couple gets in 'Shark Tank,' comes out with deal

A Fort Worth couple who started a business when they couldn’t sleep, were the first entrepreneurs to get a deal on ABC’s Shark Tank in the season premiere on Sept. 26.

read more >

Internal audit says EPA mismanaged Fort Worth project

FORT WORTH, Texas (AP) — An internal audit by the U.S. Environmental Protection Agency reveals the agency mismanaged an experiment using new ways to demolish asbestos-ridden buildings.

read more >

Weatherford's Wild Mushroom to open in Fort Worth's Ridglea Village

Weatherford restaurant staple The Wild Mushroom Steak House & Lounge will be coming to Fort Worth in November, moving into the former site of Ray’s Steakhouse at to 3206 Winthrop Ave. in the Ridglea Village Shopping Center.

read more >

T board advances TEX Rail project by designating its first phase

photo courtesy of The T

A. Lee Graham

Reporter

The Fort Worth Transportation Authority’s board of directors plans to take action at its Aug. 12 meeting to designate the first phase of the multi-phased TEX Rail commuter rail project.

If approved, the action would enable TEX Rail to reach Dallas/Fort Worth International Airport as soon as possible, while maintaining The T’s ability to get federal New Starts funding of $380 million.

“We are excited to officially designate the first phase in our commuter rail project,” said Scott Mahaffey, chairman of the authority, or The T, board in a news release. 

“It has become apparent that a phasing of the project will permit The T to begin this initial segment as soon as possible,” Mahaffey said.

The proposed action by The T’s Board would designate the Minimal Operable Segment (MOS) of TEX as the locally preferred alternative. The MOS is the phase of the project running from the T&P Station in downtown Fort Worth across northeast Tarrant County to Grapevine and into DFW Airport.

“The FTA [Federal Transit Administration] has emphasized that New Starts grant funds are limited, and we are responding to those constraints by beginning with the segment identified in our project all along as our first phase” said The T President Dick Ruddell.

Fort Worth Mayor Betsy Price, who has advocated comprehensive commuter rail service, voiced support of following the FTA’s guidance in order to keep the local grant request in good standing. 

“We put The T Board in place to advance this project despite the obstacles that may stand in their way,” Price said.

“Moving forward with the MOS is doing just that. While the funding for TEX Rail continues to be a moving target, we simply have to start somewhere. Connecting downtown to DFW Airport has been and will continue to be our top priority. After the successful implementation of this first phase, I’m confident that future phases to extend the service will follow,” Price said.

 

 

 

< back

Email   email
hide
Arena
What do you think of the new plans for a new Will Rogers arena and changes at the Convention Center?