Join The Discussion

 

Berkshire Hathaway company acquires Fort Worth firm

M&M Manufacturing, a producer of sheet metal products for the air distribution and ventilation market based in Fort Worth, has been acquired by MiTek Industries Inc., a subsidiary of Warren Buffett’s Berkshire Hathaway Inc.,

read more >

26-story mixed-use tower planned at Taylor & Fifth in downtown Fort Worth

Jetta Operating Co., a 24-year-old privately held oil and gas company in Fort Worth, and a related entity plan a 26-story mixed-use tower downtown at Taylor and Fifth streets on a site once owned by the Star-Telegram.

read more >

UPDATE: Six candidates file for two Water Board seats

Six candidates have filed for the two open seats on the Tarrant Regional Water Board, setting up a battle that could potentially shift the balance of power on the board and the priorities of one of the largest water districts in Texas.

read more >

Top area CFOs honored

The Fort Worth Business Press honored 13 area chief financial officers today with a luncheon at the Fort Worth Club.

read more >

Fort Worth Superintendent candidate withdraws from consideration

And then there were none. The lone Fort Worth ISD Superintendent candidate, Dr. Joel D. Boyd, has informed the Fort Worth ISD Board of Education that he is

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
Catch
How 'bout them Cowboys?