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Trademark closes on 63-acre Waterside site in Fort Worth

Construction begins Oct. 20 on the development, to be anchored by a Whole Foods Market.

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UPDATE: $215M hotel, indoor ski project planned for Grand Prairie

Officials in Grand Prairie are expected later today to announce a $215 million project that will include a Hard Rock Hotel and an indoor ski facility.

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Two Fort Worth council members propose temporary single-family moratorium around TCU

The moratorium would apply to new permits for single-family homes around TCU, and give the city time to figure out what to do with a controversial proposed overlay in several neighborhoods around the university.

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Fresh Ebola fears hit airline stocks

DALLAS (AP) — News that a nurse diagnosed with Ebola flew on a plane full of passengers raised fear among airline investors that the scare over the virus could cause travelers to avoid flying.

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Landscape architect behind several TCU landmarks acquired

The Dallas design firm behind several Texas Christian University projects, as well as Globe Life Park in Arlington and AT&T Stadium, has been acquired by Rvi Planning + Landscape Architecture.

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Horton reports 4Q, year-end results

 

Fort Worth-based D.R. Horton Inc. reported a profit of $139.5 million, or 40 cents per share, in its fiscal fourth quarter. Company officials said the results indicate home values across the country are increasing.
The company had reported a profit of $100.1 million, or 30 cents per share, in the same quarter a year earlier.


Home building revenue was $1.8 billion, up from $1.3 billion in the same quarter in 2012. However, the company also reported that orders for new homes had slipped in quarter.


Net income for the fiscal year ended Sept. 30, 2013 was $462.7 million, or $1.33 per diluted share, compared to $956.3 million, or $2.77 per diluted share, in fiscal 2012. The results in fiscal 2012 included a non-cash tax benefit of $753.2 million from a reduction of the company's valuation allowance on its deferred tax assets. Homebuilding revenue for the fiscal year ended Sept. 30, increased 44 percent to $6.1 billion from $4.2 billion in fiscal 2012. Homes closed in fiscal 2013 increased 28 percent to 24,155, compared to 18,890 homes in fiscal 2012.
 

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