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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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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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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 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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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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Forest Park Blvd. closed (again)

 

Forest Park Boulevard will be closed for 10 days starting Aug. 21 so crews can place deck panels, curbs and other items for the new signature bridge over the existing roadway. Forest Park Boulevard will reopen Aug. 31, weather permitting.
Detours:
• Northbound Forest Park Boulevard motorists will be detoured to eastbound West 10th Street. Motorists will then turn left on Penn Street, left on West Fifth Street and back onto Forest Park Boulevard.
• Southbound Forest Park Boulevard motorists will be detoured to eastbound West Fifth Street. Motorists will then turn right onto Penn Street, right on West 10th Street and back onto Forest Park Boulevard.
The West Seventh Street bridge is a gateway between downtown Fort Worth and its Cultural District, and through a partnership of the City of Fort Worth and TxDOT, a new reinforced concrete “thru-arch” signature bridge will be constructed. TxDOT designed the bridge with six arch spans across the Trinity River to improve safety and pedestrian access, which will add to the architectural redevelopment underway in this corridor.
The original bridge was built in 1913 and was extended in 1953 when the river was rechannelized. Additional project information is available online fortworthtexas.gov/seventhstreetbridge/
 

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