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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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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 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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Fort Worth council members approve Cavile Place redevelopment plan

The vote kicks off what officials say will be a 10-15-year implementation.

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Palmer joins Chase bank

Mike Palmer

Michael Palmer has rejoined JPMorgan Chase bank from Texas Exchange Bank, where he was CEO.


“Mike is a key hire for JPMorgan Chase. At one time he was a division manager in our commercial bank, and we’re very happy to welcome him back to the firm as a managing director of the J.P. Morgan Private Bank,” said David Nolet, Chase market president in Tarrant County.


Prior to joining Texas Exchange Bank in 2009, Palmer was president of the Fort Worth region for Texas Capital Bank from 1998 to 2009.


Palmer is a graduate of Texas Christian University, where he received a BA in finance and accounting. He also holds a certificate in Ranch Management from TCU and a certification from the Southwestern Graduate School of Banking at Southern Methodist University. – Robert Francis
 

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Training camp is starting this week. How will the Dallas Cowboys do this season?