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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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Fort Worth council members approve Cavile Place redevelopment plan

The vote kicks off what officials say will be a 10-15-year implementation.

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Motorists: move over or slow down while approaching work crews

 
 
A. Lee Graham

Reporter

Texas motorists should be aware of a new requirement as summer gives way to fall.

Under a newly expanded version of the state’s “move over-slow down” law, motorists not only must continue yielding to police, fire and emergency vehicles, they soon must provide the same protection for Texas Department of Transportation workers.

Effective Sept. 1, motorists will be required to move over or slow down when approaching TxDOT workers and vehicles stopped with overhead flashing blue or amber lights.

More than 100 TxDOT employees working in construction areas have been struck and killed by motorists since 1938, according to information of the city of Fort Worth’s website.

Under the newly expanded move-over law, motorists must move out of the lane closest to the TxDOT vehicle when possible or reduce speed to 20 mph below the posted limit.

If the road offers no multiple lanes, motorists must slow down. Those traveling roadways with posted speed limits of 25 mph or less must reduce their speed to 5 mph. Violators can be fined up to $2,000.

 

lgraham@bizpress.net

 

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