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Group buys former Armour meatpacking site in Stockyards

The 16.8-acre site of the historic, former Armour meatpacking plant in Fort Worth’s Stockyards has changed hands, and its new owners aren’t saying anything about their plans. Chesapeake Land Development Co., which bought the site

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Hulen Pointe Shopping Center sold

Hulen Pointe Shopping Center, located in southwest Fort Worth on South Hulen Street one mile south of Hulen Mall, has been purchased by Addison-based Bo Avery with TriMarsh Properties for an undisclosed price.

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Dallas-Fort Worth in top five commercial real estate markets in 2015

According to the Emerging Trends in Real Estate 2015 report, just co-published by PwC US and the Urban Land Institute (ULI), Dallas-Fort Worth ranks No. 5, with two other Texas cities, Houston and Austin ranking at No. 1 and 2 respectively. San Francisco ranks No. 3 and Denver No. 4.

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Social House Fort Worth plans to open mid-November

Social House has leased 5,045 square feet at 2801-2873 W Seventh St. in Fort Worth, according to Xceligent Inc.

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Fort Worth temporarily stops issuing new home permits in TCU area

The moratorium will give a committee and the City Council time to review a proposed overlay that will pare the number of permissible unrelated adults living in the same house.

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Senators question electricity pricing plan

AUSTIN, Texas (AP) — The Texas Senate's Natural Resources Committee has called the Public Utility Commission to talk about the pricing of electricity.

Committee Chairman Troy Fraser called commissioner to testify Monday amid reports it could change the wholesale electricity market.

Commissioners have long debated how to make sure Texas has enough electricity. Demand is growing, but generators say prices are too low to make investments in new equipment worthwhile.

Some experts suggest raising prices, while others want Texas to pay generators to keep standby capacity available when demand peaks, or equipment shuts down unexpectedly.

Fraser helped design the current market that only pays when electricity is bought. He's been critical of paying generators to keep reserves.

Some utilities also oppose a capacity market, saying it could cost consumers $4 billion a year.

 

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