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Group buys former Armour meatpacking site in Stockyards

The 16.8-acre site of the historic, former Armour meatpacking plant in Fort Worth’s Stockyards has changed hands, and its new owners aren’t saying anything about their plans. Chesapeake Land Development Co., which bought the site

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Hulen Pointe Shopping Center sold

Hulen Pointe Shopping Center, located in southwest Fort Worth on South Hulen Street one mile south of Hulen Mall, has been purchased by Addison-based Bo Avery with TriMarsh Properties for an undisclosed price.

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Dallas-Fort Worth in top five commercial real estate markets in 2015

According to the Emerging Trends in Real Estate 2015 report, just co-published by PwC US and the Urban Land Institute (ULI), Dallas-Fort Worth ranks No. 5, with two other Texas cities, Houston and Austin ranking at No. 1 and 2 respectively. San Francisco ranks No. 3 and Denver No. 4.

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Social House Fort Worth plans to open mid-November

Social House has leased 5,045 square feet at 2801-2873 W Seventh St. in Fort Worth, according to Xceligent Inc.

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Fort Worth temporarily stops issuing new home permits in TCU area

The moratorium will give a committee and the City Council time to review a proposed overlay that will pare the number of permissible unrelated adults living in the same house.

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BNSF announces $220M North Dakota capital program
 
 
 
A. Lee Graham
Reporter
 
BNSF Railway Co. of Fort Worth plans to invest about $220 million to improve and expand rail capacity in North Dakota this year.
 
Among the company’s many capacity-enhancement projects planned for the state are constructing three new sidings west of Minot near Manitou, Tioga, and Palermo; extending the sidings near Glen Ullin and Hillsboro; raising 10 miles of track over Devils Lake by 1 to 5 feet to keep the track above rising water; and upgrading the line between Berthold and Northgate on the Canadian border.
 
Meanwhile, the company plans to continue its track maintenance program also in North Dakota, which includes almost 1,900 miles of track surfacing and undercutting work and replacing about 315 miles of rail and 415,000 ties.
 
“BNSF’s capital investments in North Dakota will help ensure our network is prepared for growing demand for freight rail,” said chairman and CEO Matthew K. Rose in a news release.
 
“Given the importance of a low cost supply chain to the U.S. economy, our privately funded rail infrastructure is well positioned to help all North Dakota industries compete in global markets,” Rose said.
 
The planned capital investments in North Dakota are part of BNSF’s record 2013 capital commitment of $4.3 billion. Unlike other modes of transportation, U.S. freight railroads use their own private dollars, not tax dollars, to build and maintain their freight rail networks. Since 2000, BNSF has invested more than $42 billion to improve and expand its freight rail network.
 
BNSF Railway operates on 32,500 route miles of track in 28 states and two Canadian provinces. More information is available at www.bnsf.com.
 
lgraham@bizpress.net

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