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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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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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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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Fort Worth temporarily stops issuing new home permits in TCU area

The moratorium will give a committee and the City Council time to review a proposed overlay that will pare the number of permissible unrelated adults living in the same house.

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Bell Helicopter, Lockheed Martin team on V-280 Valor

A. Lee Graham

Reporter

Bell Helicopter Inc. of Fort Worth and Lockheed Martin Corp. have teamed up on the Bell V-280 Valor, making Lockheed Martin the first of Bell’s V-280 program tier one team members.

More team members will be announced in coming months.

"We are very excited about teaming with Lockheed Martin on the V-280,” said John Garrison, president and CEO of Bell Helicopter in a news release.

A Lockheed Martin spokesman echoed that sentiment. The Maryland company’s aeronautics segment is based in Fort Worth.

“We made the strategic decision to invest in a mission system and provide Bell Helicopter with this leap-ahead combat capability on the V-280 Valor,” said Dale P. Bennett, executive vice president, Lockheed Martin Mission Systems and Training.

The Bell V-280 Valor recently was selected by the U.S. Army to enter into negotiations for the Joint Multi-Role Technology Demonstrator program, with contracts expected to be awarded sometime this month.

What Bell called the Valor’s versatile design can perform missions with unparalleled speed, range and agility, making the aircraft a combat multiplier. The company called the V-280 the most advanced and operationally effective vertical lift solution, providing the warfighter a decisive advantage.

Bell Helicopter, a wholly owned subsidiary of Textron Inc., builds commercial and military, manned and unmanned vertical-lift aircraft. Its global workforce serves customers flying Bell aircraft in more than 120 countries. More information is available at www.textron.com.

lgraham@bizpress.net

 

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