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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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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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Promises kept, memories secured as bank’s 1964 time capsule is recovered

Eddie Gale fulfilled his promise. Family legend had it that, 50 years ago, construction worker Gale had placed a letter for his family in a

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Southwest: Airline merger could open up gates in D.C.

 

DAVID KOENIG, AP Airlines Writer


DALLAS (AP) — The CEO of Southwest Airlines Co. is "reasonably confident" that American and US Airways will eventually merge, and he wants some of their takeoff and landing rights at Reagan National Airport outside Washington.

Southwest might have to fight JetBlue for those rights.

The U.S. Justice Department is suing to block the merger, saying that it would restrict competition and drive up consumer prices. It says US Airways and American would control 69 percent of the flights at Reagan National, which is just a Metro ride from downtown Washington, the Capitol, and the region's suburbs.

A trial on the government's lawsuit is scheduled for Nov. 25, but the airlines aren't ruling out a negotiated settlement.

On Thursday, analysts asked CEO Gary Kelly whether Southwest would be interested if American and US Airways are forced to give up Reagan takeoff and landing rights, called slots.

"Absolutely," Kelly said, "and I wouldn't restrict it just to Reagan. We would be interested in more slots at LaGuardia (in New York) as well."

Kelly added, "I can't imagine that the merger goes forward without requiring divestiture. ... Obviously, the Justice Department seems to agree." The CEO said he had no inside information about the situation but based his comments on antitrust law, the government's lawsuit and the number of "slots that are hoarded — at Reagan in particular."

Representatives of US Airways and American declined to comment.

Testifying before Congress this summer, US Airways Group Inc. CEO Doug Parker was adamant that the two airlines shouldn't have to give up any slots. Tom Horton, the CEO of American parent AMR Corp., said recently that the companies are open to a reasonable settlement that lets the merger take place, but he declined to discuss specifics such as slots.

Last month, JetBlue Airways Corp. CEO Dave Barger said the merged airline should give up all of American's flights at Reagan while keeping US Airways' current slots.
 

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