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Bicycling, fitness center, rooftop bar coming to Clearfork's Trailhead

An 11,000-square-foot bicycling and fitness center is headed for the Trailhead at Clearfork on the Trinity River in west Fort Worth, Cassco Development said Wednesday.

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Glen Garden rezoning for distillery, attraction, goes forward on 7-2 Fort Worth council vote

Fort Worth Mayor Pro Tem W.B. "Zim" Zimmerman moved to approve the rezoning on a substitute motion, after Council member Kelly Allen Gray initially moved to deny the case.

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Editorial: Convention Center, Will Rogers arena link is a sham

The folks at Fort Worth City Hall are trying to pull a fast one. Surprise, surprise, as the long-ago TV sitcom philosopher Gomer Pyle liked to say.

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Will Rogers arena plan moves ahead on Fort Worth council's vote

City Council members voted unanimously on a resolution that says it supports a 50-50 public-private partnership for a new arena that also would pave the way to raze the city's Convention Center arena and replace it with modern meeting space.

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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 doctor's bid to buy Detroit Packard plant falters

 

DETROIT (AP) — Wayne County canceled a Texas doctor's $6 million top bid for a sprawling former Detroit car plant and says the No. 2 bidder has until Thursday to pay up.

Dr. Jill Van Horn submitted the bid for the Packard complex at a tax foreclosure auction last week, saying she wanted to build modular homes and offices at the site.

The county treasurer's office canceled Van Horn's bid after the family practice physician from Ennis, Texas, missed a noon Wednesday payment deadline, said David Szymanski, Wayne County deputy treasurer. He said the county turned down her request for a 14-day time extension.

"We're not comfortable waiting that long," Szymanski said. "The auction rules called for 24 hours, and we extended her two days beyond that."

Chicago developer William Hults bid $2.2 million, and the county said he must pay by 4 p.m. EDT Thursday, the Detroit Free Press reported.

"He indicated that he did not have it at this time, but he hopes to have it tomorrow," Szymanski said Wednesday.

But Hults told the newspaper he's ready and able to pay up. He said he wants to turn the building into a mixed-use attraction with residential, commercial and entertainment amenities.

"I'm waiting for the number, and I'm waiting for the date that they want it," he said.

The No. 3 bid is $2.002 million by Fernando Palazuelo of Peru.

"I am interested," Palazuelo said Wednesday. "I am holding meetings with the county today and tomorrow."

Palazuelo, the CEO of Arte Express, has worked to rehabilitate dozens of old structures in his native Spain, as well as in Nepal. He told The Detroit News that he has bought, rehabilitated and leased 1.5 million square feet of dilapidated buildings in downtown Lima, Peru, during the past six years.

"He's performed well in Peru, and we'd like to see him bring his talents here to Detroit," Szymanski said.
 

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