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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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Dee Lincoln bringing restaurant to Fort Worth's Museum Place

Dee Lincoln is bringing her restaurant to Fort Worth’s Museum Place project. The 5,300-square-foot restaurant, at 3280 W. Seventh St., is expected to open in the first quarter of

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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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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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FW, Dallas chambers, AA pilots blast Texas AG for anti-merger lawsuit

 

DALLAS (AP) — The Dallas and Fort Worth chambers of commerce and union pilots at Texas-based American Airlines say the state's attorney general should support American's proposed merger with US Airways instead of fighting it in court.

The presidents of both chambers said the merger will help the local economy and create jobs, and the alternative is economic uncertainty for the region and state. The combined company would be based in Fort Worth.

"By any stretch of the imagination, having what the press refers to as 'the World's Largest Airline' based in Texas, makes our state more competitive," James Oberwetter of Dallas and Bill Thornton of Fort Worth wrote Monday in an open letter to Abbott.

The pressure on Abbott from the business community comes just weeks after the Republican announced his candidacy for governor in the 2014 election.

Separately, the Allied Pilots Association said in an advertisement in Monday's Dallas Morning News that American is "a powerful economic engine" in Texas but needs the merger to compete with bigger United and Delta.

The union asked Abbott, "Are you opposed to having a leading global carrier in Fort Worth? Considering everything at stake — including the large number of jobs and the tax revenues they generate — that doesn't make any sense."

Abbott's office didn't respond immediately. Last week, Abbott wrote in a column for the same newspaper arguing that the merger was designed to eliminate competition and raise prices.

Abbott and AGs in five other states joined a U.S. Justice Department lawsuit that seeks to block the merger on antitrust grounds. The airlines vowed to fight back in court, and they left open the possibility of negotiating a settlement that would allow the deal to go ahead.
 

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