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26-story mixed-use tower planned at Taylor & Fifth in downtown Fort Worth

Jetta Operating Co., a 24-year-old privately held oil and gas company in Fort Worth, and a related entity plan a 26-story mixed-use tower downtown at Taylor and Fifth streets on a site once owned by the Star-Telegram.

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UPDATE: Six candidates file for two Water Board seats

Six candidates have filed for the two open seats on the Tarrant Regional Water Board, setting up a battle that could potentially shift the balance of power on the board and the priorities of one of the largest water districts in Texas.

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Top area CFOs honored

The Fort Worth Business Press honored 13 area chief financial officers today with a luncheon at the Fort Worth Club.

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Fort Worth breaks ground on $8.6 million South Main renovation

Fort Worth Near Southsiders and city officials broke ground Monday on the 18-month rebuild of South Main Street between Vickery Boulevard and West Magnolia Avenue.

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Fort Worth Superintendent candidate withdraws from consideration

And then there were none. The lone Fort Worth ISD Superintendent candidate, Dr. Joel D. Boyd, has informed the Fort Worth ISD Board of Education that he is

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BNSF plans $240 M capital program in Texas

BNSF Railway Company (BNSF) announced Sept. 3 it plans to invest an estimated $240 million on maintenance and rail capacity expansion projects in Texas this year, including spending on additional rail capacity in Fort Worth.


BNSF’s 2013 capacity improvement projects in Texas include expansion of rail capacity at Tower 55 in Fort Worth, completing replacement of the Galveston Causeway Bridge, installation of a siding extension near Somerville, expansion of the Houston Intermodal Facility, construction of a loop track facility in San Antonio and signal upgrades for federally mandated positive train control (PTC).
BNSF will also continue its track maintenance program in Texas, which will include nearly 4,400 miles of track surfacing and undercutting work, and the replacement of about 115 miles of rail and 690,000 ties.


“BNSF’s capital investments in Texas will help ensure our network is prepared for growing demand for freight rail,” said Matthew K. Rose, chairman and CEO in a statement. “We are focused on investing to meet our customers’ expectations and on expanding capacity where growth is occurring. Given the importance of a low cost supply chain to the U.S. economy, our privately funded rail infrastructure is well positioned to help Texas compete in global markets.”


The planned capital investments in Texas are part of BNSF’s record 2013 capital commitment of $4.3 billion. The largest component of the capital plan is spending $2.3 billion on BNSF's core network and related assets. BNSF also plans to spend approximately $1 billion on locomotive, freight car and other equipment acquisitions, many of which will serve Texas. The program also includes about $200 million for positive train control and $800 million for terminal, line and intermodal expansion and efficiency projects.
 

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