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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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Body-camera maker has financial ties to former Fort Worth police chief, others

IOWA CITY, Iowa (AP) — Taser International, the stun-gun maker emerging as a leading supplier of body cameras for police, has cultivated financial ties to police chiefs whose departments have bought the recording devices, raising a host of conflict-of-interest questions.

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Alternative investment firm in deal with city, chamber

 

Civitas Capital Group, a specialty financial services firm that focuses on alternative investments, EB-5 capital and wealth management, has entered into an exclusive EB-5 cooperation agreement with the city of Fort Worth and the Fort Worth Chamber of Commerce, the Dallas-based company said Oct. 3.


Civitas sponsors private investment funds that meet the requirements of the U.S. EB-5 Immigrant Investor Program, through which qualified foreign investors can receive permanent residency in the United States in return for investing a minimum of $500,000 into an American business that creates new jobs.
In April, Civitas announced its new Civitas Texas Regional Center, a 43-county regional center that includes the state’s most populous cities of Dallas, Fort Worth, Austin, San Antonio and Houston.


The new public-private partnership between Civitas and the city and the chamber is expected to attract international financial support and advance economic development within Fort Worth.
“Through our partnership with Civitas, we will continue to foster a thriving business environment and create jobs while raising the profile of Fort Worth among international investors,” Fort Worth Mayor Betsy Price said in a statement.


Through its EB-5 Funds division, Civitas is currently the exclusive manager of the City of Dallas Regional Center, which has funded or is in the process of funding more than $280 million of EB-5 capital and has created thousands of jobs in the city of Dallas.
“We pioneered this approach with the City of Dallas and are pleased to implement it in Fort Worth, a city with which we have developed an intimate relationship,” said Civitas Chief Executive Officer Dan Healy. “In the days ahead, we will work diligently to identify high-quality projects that bring investment and significant job creation into the area.”

bdillard@bizpress.net
 

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