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Bicycling, fitness center, rooftop bar coming to Clearfork's Trailhead

An 11,000-square-foot bicycling and fitness center is headed for the Trailhead at Clearfork on the Trinity River in west Fort Worth, Cassco Development said Wednesday.

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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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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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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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Texas Tech, Arlington center to partner

Texas Tech University will partner with Arlington’s Center for Innovation, an organization that aims to market the technology in advanced research studies.
The two organizations met in Arlington Aug. 30 and said details of their partnership would be finalized at a later date.
The Center for Innovation (CFI) was established in 2001 by the Arlington Chamber of Commerce Foundation to serve as a catalyst for technology-led economic development.


“Creating partnerships and synergies with external organizations are vital to our success as a national leading research university,” said Texas Tech President M. Duane Nellis.
This partnership, along with 18 others like it, will focus on the development of TechComm, a national and multiagency approach to effectively communicate lab results to the marketplace in order to commercialize advanced technology. TechComm represents nine federal agencies and has more than 300 labs dedicated to research.


According to Wes Jurey, president and CEO of the center, the new relationship will provide Texas Tech access to CFI’s research and technology partnerships, representing 334 federal labs, and network of research-oriented universities and industry partners.
“As an intermediary for relevant licensing and invention technologies, CFI anticipates playing an important role in the commercialization of new technologies and other business opportunities in support of Texas Tech,” Jurey said.
In the past, Texas Tech brought in more than $200 million in research and development and more than 80 new technologies annually to its partners.


The Center for Innovation operates 334 labs, spends $140 billion annually on research, and employs more than 100,000 federal researchers and scientists, with more than 40,000 patents available for license by business and industry for their use, manufacture or production.
 

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