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Mixed-use complex at Fort Worth TRE parking lot could cost $60 million

A design panel proposes two buildings on Trinity Railway Express lot on Near Southside, with a mix of apartments, retail, office and parking, and frontage on West Vickery and views across I-30 and overlooking downtown.

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Sundance Square prepares for time in college football spotlight

ESPN is bringing its College GameDay broadcast to Sundance Square to open and close the college football season this year.

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Trinity Terrace to build 23-story River Tower

Trinity Terrace, the Fort Worth retirement community that overlooks the Trinity River downtown, plans to launch construction in November on a 23-story River Tower, the nonprofit that owns the property said Friday.

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Fort Worth-area human resource awards seeks nominations

The Fort Worth Human Resource Management Association (FWHRMA) has announced their inaugural Human Resource Professional of the Year Award.

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Downtown Fort Worth TIF board extends two free parking leases

The short-term extensions for the City Center and 777 Main free parking leases, two of six downtown garages that offer free night and weekend parking paid for by the TIF, come as the TIF board debates best uses for its tax dollars as the district enters its final 10 years.

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McLean Ranch in Amarillo fetches $16.8 million in auction
 
A. Lee Graham
Reporter
 
The 16,000-acre McLean Ranch in Amarillo sold for $16.8 million in a Thursday auction lasting longer than four hours.
 
Presented by Assiter Auctioneers, the event drew 109 bidders to the ranch owned by Amarillo developer George Chapman.
 
"The auction was everything we could have asked for. Mr. Chapman is happy, the lenders are happy, and 19 buyers who now own parts of the ranch are happy," said Spanky Assiter, chairman and founder of the Amarillo-based auction company, commenting in a news release.
 
Assiter’s company marketed the property and conducted the auction.
Assiter took bids on the property’s 43 individual tracts before accepting bids on combinations of tracts.
 
Assiter said the auction answered numerous questions about the land and its future.
 
"When we opened up for bidding, nobody knew what the land would bring, whether it would all go to one big bidder or sell to a larger number of smaller bidders. But ultimately, it turned out that a number of different folks wanted parts of this land for grazing, recreation and probably other uses. That's how an auction works," said Assiter.
 
The ranch is known for its game and fishing. It spans more than five miles of creeks and six lakes.
 
lgraham@bizpress.net
 

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