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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 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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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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The T celebrates 30 years of service as ridership nearly doubles
A. Lee Graham

Reporter

Customers are invited to join the Fort Worth Transportation Authority, or The T, for refreshments to celebrate the agency's 30th anniversary on Friday Nov. 8.

From 7 a.m. to 9 a.m., folks may join T officials at the agency’s downtown Intermodal Transportation Center,1001 Jones St.

On Nov. 8, 1983, Fort Worth voters approved a dedicated sales tax that created the Fort Worth Transportation Authority, a political subdivision under the state of Texas. The aim was establishing stable funding and expanded transit services for the 5.2 million annual riders who previously depended on other means to reach other parts of town. Richland Hills and Blue Mound joined The T a few years later

Since 1983, annual ridership has nearly doubled to 9.6 million, according to the agency. It has expanded bus services, added vanpools, partnered to launch the Trinity Railway Express — the first commuter railroad in the Southwest — and in recent years, has developed special transit partnerships such as Northeast Transportation Service (NETS) in northeast Tarrant County, service in Arlington, and for the development of TEX Rail with funding partners Fort Worth, Grapevine and Tarrant County. 

lgraham@bizpress.net

 

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