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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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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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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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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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Report: Brownsville Texas’ safest driving city
 

A. Lee Graham

Reporter

 

When it comes to safe driving, Brownsville outpaces all other Texas towns, according to Allstate’s ninth annual America’s Best Driver’s Report.

 

The South Texas community ranked fourth – and Fort Worth 138th – on a list ranking the nation’s 200 largest cities based on car collision frequency. The report defined "largest cities" as those with more than 50,000 residents.

 

"Drivers in Brownsville are making great progress toward keeping America's roadways safer," said Rick Ortiz, an Allstate agency owner in Brownsville, commenting in a news release.

 

Twenty two other Texas cities m

ade the list, including Plano, Irving, Dallas, Arlington, Grand Prairie, Frisco, and Garland.

 

When it comes to Dallas-Fort Worth cities, Fort Worth earned the highest ranking at 138, with a 20.6 percent collision likelihood compared to the national average and 8.3 average years between collisions. That’s compared to Brownsville, with -21.1 percent collision likelihood compared to the national average and 12.7 average years between collisions.

 

Earning the top spot on the list was Fort Collins Colo., with a 28.2 percent less likelihood of collisions compared to the national average and 13.9 average years between collisions.

 

For the past nine years, Allstate actuaries have analyzed company claim data to determine the likelihood drivers in America's 200 largest cities will experience a vehicle collision compared to the national average.

 

A weighted average of the two-year numbers determined the annual percentages. The report defines an auto crash as any collision resulting in a property damage claim. Allstate's auto policies represent about 10 percent of all U.S. auto policies, making this report a realistic snapshot of what's happening on America's roadways.

 

The complete report may be viewed at www.allstatenewsroom.com.

 

lgraham@bizpress.net

 

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