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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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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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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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Ski Grand Prairie? TCU, UTA grad helping bring snow to Metroplex

For Levi Davis last week may have been a career peak, in more ways than one.

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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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